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Anthropic prepares for an initial public offering amid growing investor interest in AI companies

Anthropic Delays IPO Timeline as $2 Trillion Valuation Draws Investor Attention

Anthropic is preparing to delay the timeline for its highly anticipated initial public offering (IPO), according to people familiar with the matter. The artificial intelligence company could begin marketing the offering as early as mid-October. It could then complete the listing shortly before the US midterm elections in November. However, the timeline remains subject to […]
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Isar Aerospace Spectrum rocket launches from Andøya Spaceport in Norway

Isar Aerospace Reaches Orbit, Boosting Europe’s Independent Space Ambitions

German startup Isar Aerospace has successfully placed its Spectrum rocket into orbit from Arctic Norway, marking a major milestone for Europe’s efforts to build independent access to space. The uncrewed rocket lifted off from Andøya Spaceport and became the first commercial rocket to reach orbit from continental Europe, according to Isar Aerospace. The achievement strengthens […]
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Microsoft 365 outage affects Exchange Online and major AI platforms including Claude, ChatGPT and Grok.

Claude, ChatGPT and Grok Recover After Microsoft 365 Outage

Claude, ChatGPT and xAI’s Grok were gradually recovering on Thursday after a technical issue disrupted Microsoft Exchange Online and several other Microsoft 365 services worldwide. The disruption affected access to multiple online platforms. According to reports, outage-monitoring service Downdetector recorded widespread problems involving the three major AI assistants. Meanwhile, reports also indicated issues with Google […]
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DeepLitterAI artificial intelligence system detects plastic waste on seabed

Japan Develops AI System to Detect Plastic Waste on Seabed

Researchers at the Japan Agency for Marine-Earth Science and Technology developed the system, called DeepLitterAI. According to Japan’s Kyodo news agency, the system can process seabed data at nearly twice the speed of human observers. The findings were reported in the journal Environmental Pollution. Researchers expect DeepLitterAI to support real-time monitoring of plastic waste beneath […]
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New York City schools announce one-year moratorium on student AI use

New York City Pauses AI Use in Elementary and Middle Schools

The policy affects around 600,000 public school students through eighth grade. Under the new rules, schools will suspend the use of about 40 educational AI tools currently available in classrooms. Mayor Zohran Mamdani announced the measure on Wednesday. He said students need teachers, human interaction and opportunities to solve difficult problems independently. “Children need teachers […]
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Conclavity legal AI platform launched by Akhund Forbes in Pakistan.

Pakistan Launches Conclavity, a Legal AI Platform Built for Pakistani Law

Artificial intelligence is rapidly changing professional services, and Pakistan’s legal sector is now entering a new phase of that transformation. At the Mövenpick Hotel in Karachi, Rabel Z. Akhund, Managing Partner of Akhund Forbes, launched Conclavity, a legal intelligence platform designed specifically for Pakistani law. The platform is built around Pakistani statutes and aims to […]
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