frontier AI
AI
Blackstone, Goldman Sachs Back Anthropic With $1.5B Joint Venture as Wall Street Goes Direct on Frontier AI
Traditional finance's shift from passive tech exposure to direct equity stakes in AI infrastructure validates Anthropic's $380B valuation despite extreme multiples.
AI
Markets
Meta Shelves Frontier AI Model, Eyes Google Licensing in First Tier-1 Retreat
Avocado delay and Gemini licensing talks expose cracks in the $115B capex-buys-dominance thesis as performance gap widens against competitors.
AI
Google AI Breaks 56-Year Computational Record Set in 1969
AlphaEvolve's matrix multiplication breakthrough arrives as DeepMind co-founder Hassabis claims Nobel Prize and intensifying competition from Chinese models reshapes frontier AI economics.