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AI race: OpenAI raises $110 billion, valuation soars to $730 billion

OpenAI has secured a massive $110 billion funding round, valuing the ChatGPT maker at $730 billion, as the artificial intelligence company accelerates investments to meet rapidly expanding global demand for AI services.The investment — among the largest fundraising rounds in Silicon Valley history – includes $30 billion each from Japanese conglomerate SoftBank and chipmaker Nvidia,…

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Anthropic accuses three Chinese AI labs of abusing Claude to improve their own models

Anthropic is issuing a call to action against AI “distillation attacks,” after accusing three AI companies of misusing its Claude chatbot. On its website, Anthropic claimed that DeepSeek, Moonshot and MiniMax have been conducting “industrial-scale campaigns…to illicitly extract Claude’s capabilities to improve their own models.” Distillation in the AI world refers to when less capable…

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