The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them
The EU and UK sanctioned Russia's cyber apparatus for the first time, with the EU targeting nine individuals and four entities while the UK sanctioned 24 subjects. The sanctions targeted an ecosystem spanning intelligence services rather than individual hacking groups.
Read full story →Databricks Closes $5 Billion Round at $190 Billion Valuation
Databricks raised $5 billion in funding at a $190 billion valuation, representing a 42% increase in six months. The company has achieved a revenue run-rate exceeding $7 billion with year-over-year growth above 80%.
Anthropic’s $2trn IPO is priced below what AI stocks already fetch
Anthropic investors project the company could reach a $2 trillion valuation in an autumn initial public offering, exceeding SpaceX's $1.77 trillion IPO valuation from June. Anthropic has not confirmed any listing plans or valuation figures itself.
DeepSeek built a Claude Code rival, then quadrupled its prices
DeepSeek increased API prices for DeepSeek-V4-Pro from $0.87 to $3.96 per million output tokens at peak rates starting August 16, while V4-Flash prices rose from $0.28 to $1.32. Off-peak rates were set at half the peak price for both models.