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Anthropic, Accenture Commit $2 Billion to AI Evaluation
Anthropic said on September 18 it will partner with Accenture to independently evaluate its frontier AI models, with each company committing at least $1 billion over the next five years to build capacity for the work. Accenture shares rose 7 percent in extended trading following the announcement. Accenture's specialist AI business, Faculty, will lead the partnership, evaluating and red-teaming Anthropic's models through alignment assessments and safeguard testing. The investm
Oct 152 min read
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Mantic Raises $25 Million for AI Forecasting
A London-based startup whose artificial intelligence system outperformed human competitors in a recent forecasting tournament has raised $25 million in seed funding, led by Radical Ventures at an undisclosed valuation. Mantic's system assigned probabilities to political, economic, and cultural developments more accurately than human contestants in the summer 2026 Metaculus Cup, an online forecasting tournament that ended this month. The result marked the first time AI entrant
Oct 122 min read
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CoreWeave Plans $3 Billion Convertible Debt Sale
Nvidia-backed CoreWeave said on September 17 it plans to raise $3 billion through a convertible debt offering, the latest sign of the massive funding requirements underpinning the artificial intelligence infrastructure buildout. Shares of the neocloud fell more than 3 percent in early trading, though they have gained over 16 percent so far this year. Initial buyers of the debt may purchase up to an additional $500 million. CoreWeave said it would use some of the proceeds to p
Oct 52 min read
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