Stories from San Francisco · United States

Chevron has agreed to pay a record $13 million to settle penalties for oil spills.

AI company Anthropic is reportedly in discussions to raise between $30 billion and $50 billion. This funding round could value the company at up to $950 billion.

Flounder Pictures has terminated staff members following criticism on GitHub.

Kraken reported issuing 56 million tax forms, with nearly a third of these for transactions less than $1. The exchange stated it is time to fix digital asset taxes, aligning them with the logic of taxing stocks and securities.

AI company Anthropic has reportedly purchased millions of physical books, scanning them to create digital versions for training its AI systems. This move is part of its ongoing efforts to develop advanced language models.

Concord Music Group and other music publishers have filed a lawsuit against AI developer Anthropic. The lawsuit alleges that Anthropic's AI, Claude, has used copyrighted lyrics without permission. Anthropic has reportedly purchased millions of books for AI training.

A lawsuit has been filed alleging that a teenager died after receiving recommendations for a deadly mix of drugs from ChatGPT. The case highlights concerns about the safety and accuracy of AI-generated advice.

The Subaru Outback is being updated with new styling. It will also feature standard symmetrical all-wheel drive.

Exaforce, a three-year-old startup, has raised $125 million in a Series B funding round. Exaforce develops AI technology aimed at detecting and stopping cyberattacks in real-time. Startup Exaforce secured $125 million to advance its AI-driven cybersecurity solutions.

The rising costs associated with artificial intelligence are prompting companies to reconsider their reliance on human labor. The specific cost factors are [details not provided]. Companies are evaluating the economic feasibility of AI versus human workers.