Anthropic has quietly established a physical biology laboratory in the San Francisco Bay Area to conduct wet lab experiments, pushing its artificial intelligence capabilities beyond computer evaluations, according to two people familiar with the matter. Inside Anthropic’s New Bay Area Wet Lab The artificial intelligence startup built the physical experimentation space as part of a … Read more
Oracle shares gained 3% in early trading according to Reuters, climbing after the database giant reported a $26 billion jump in its revenue backlog that eased investor anxiety regarding its massive, debt-driven cloud infrastructure spending spree, though financial analysts caution that a full cash flow recovery remains years away. Revenue Backlog Surges to $664 Billion … Read more
Fast-fashion retailer Shein is set to debut on the Hong Kong stock exchange in a $1.7 billion initial public offering, valuing the company at $26.5 billion after failed attempts to list in New York and London, according to reports from Reuters. According to Stanford University law professor Curtis Milhaupt, the move marks a definitive pivot … Read more