Anthropic has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), becoming the latest artificial intelligence giant to move toward the public markets and potentially beating rival OpenAI to a public debut. The Claude developer submitted a draft registration statement to the SEC on June 1, a…
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AI, Global Security News
Anthropic Files to Go Public
The $965 billion-valuation artificial intelligence lab filed confidentially, the company said.
AI, Global Security News
California AG sues 23andMe over 2023 breach exposing health data
California Attorney General Rob Bonta filed a lawsuit against 23andMe, now Chrome Holding Co., over the company’s failure to protect sensitive customer genetic and personal information. […]
AI, Global Security News
SpaceX Fires Starting Gun on Its Blockbuster IPO
The Elon Musk-led company filed an investor prospectus for a stock offering expected to raise potentially tens of billions of dollars as soon as mid-June.
AI, Global Security News
Music giant BMG sues Anthropic over AI training
Music giant BMG has filed a lawsuit against Anthropic, the company behind the popular chatbot Claude, alleging it trained its AI models using copyrighted song lyrics from artists such as the Rolling Stones, Bruno Mars, and Ariana Grande. “Anthropic’s practice of training AI models on copyrighted works from torrent sites is in direct violation of…
AI, Global Security News
Flying-Taxi Maker Archer Sues Joby, Accusing Rival of Playing Down Reliance on China
The lawsuit filed in California federal court escalates a battle between companies seeking to market new aircraft.
AI, Cybersecurity, Global Security News
Marquis sues SonicWall over backup breach that led to ransomware attack
Marquis Software Solutions has filed a lawsuit against SonicWall, accusing the cybersecurity company of gross negligence and misrepresentation that allegedly led to a ransomware attack disrupting operations at 74 U.S. banks. […]
AI, Apps, china, Cybersecurity, Data Security, Exploits, Global Security News, Government & Policy, Network Security, Politics, Risk Management
Texas Sues TP-Link Over Alleged Security Risks and Supply Chain Deception
Texas has filed a lawsuit against networking manufacturer TP-Link Systems, accusing the company of misleading consumers about the security and origins of its routers while exposing users to exploitation by Chinese state-backed threat actors. The complaint alleges that TP-Link marketed its devices as secure and labeled them “Made in Vietnam,” despite sourcing nearly all components…