Business News Tech
ET Tech
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal
Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes after Lenskart's IPO lock-in period expired.
2 mins read
Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.
2 mins read
Anthropic has launched Claude Fable 5, its most capable publicly available AI model, excelling in complex tasks and benchmarks. Alongside it, Mythos 5, a restricted version with fewer safeguards, is available for trusted cybersecurity and life sciences users, aiming to accelerate research and discovery.
2 mins read
Anthropic's new AI model, Claude Fable 5, is here. Early users see big improvements in handling complex tasks like software development and design. Experts praise its advanced capabilities. However, concerns are rising about its cost and how easily people can access it. The model is currently in subscription plans but will shift to usage-based pricing soon.
2 mins read
Anthropic CEO Dario Amodei has an unusually small direct report count, focusing his time on big-picture strategy and culture. This leadership model, with his sister Daniela managing daily operations, allows him to dedicate energy to research direction and philosophical discussions about AI's future. This structure aims to protect the CEO's most valuable resource: his time.
3 mins readBy Jo Constantz and Shirin Ghaffary
Poll of the Day
Will AI eliminate middle management jobs?
Tech & Internet
More From Tech & Internet
Trending Stories
Startups
More From Startups
IT
More From IT
Funding
More From Funding
The Catalysts
More From The Catalysts
2 mins read
Tech Videos
Tech Bytes
More From Tech Bytes
Tech Newsletters
More From Tech Newsletters
