Kate Clark

Following the money. Reporter @WSJ. Signal: kateclark.77

[Kate Clark @KateClarkTweets]

It’s my first day at The Wall Street Journal covering startups, VC, AI and more. Confidential tips welcome: [email protected] | Signal: 415-409-9095.

[The Wall Street Journal @WSJ]

Anthropic's IPO filing was just released. We break down the details of the blockbuster offering and what it means for markets.

Follow live updates: 🔗 https://t.co/aHWUdQFdjt

[keachhagey @keachhagey]

Last month, OpenAI called in the three outspoken safety researchers and asked them to unlock their personal phones. It was conducting a leak investigation into a story in The Information about Astra’s use of opaque architectures, and the company’s plans to continue down that path. A week later, at 2 p.m., they were all fired.

Our story, w/ @ZeffMax and @berber_jin1 , looks at the battle over how much AI companies should share with third-party monitors like METR and Redwood to ensure AI safety https://t.co/6KJwKH6S6n via @WSJ

[Max Zeff @ZeffMax]

New: The three researchers OpenAI fired last month spent the summer fighting to keep AI's chain-of-thought process visible.

Then, OpenAI asked to see their Signal chats. A week later, they were let go.

More below from @keachhagey, @berber_jin1, and me.

https://t.co/7klEDa8R0M

[Anissa Gardizy @anissagardizy8]

SCOOP: Anthropic's latest draft S-1 documents show financials results for the first half of the year, gigantic spending plans for the future, and a laundry list of risk factors.

- Anthropic recorded a net loss of $80.7 billion in the first half of the year, tied to accounting adjustments related to previous financings

- Anthropic is set to spend >$600 billion on compute in the coming years, inclusive of cloud agreements and chip leases.

More in @WSJ:

[Peter Rudegeair @rudegeair]

My latest on a Wall Street soap opera:

Hedge-fund billionaire John Overdeck is fighting a two-front war--against an estranged wife who wants more of his fortune, and a business partner battling him for control of their $85 billion firm, Two Sigma.

https://t.co/cFtGtDyr5A

[The Wall Street Journal @WSJ]

Bosses in tech and beyond are getting radically candid about the long hours they want from job seekers. https://t.co/SQxxfjgpNE

[Jessica Toonkel @jtoonkel]

Tensions at Netflix have been building for months with co-CEO Ted Sarandos lamenting about the lack of hits. Many newsy nuggets here (including that thel layoffs initially were going to be broaders) $NFLX W/@benfritz @JBFlint https://t.co/6oc5CmzNaS via @WSJ

[Sam Kessler @skesslr]

SCOOP: While Bo Hines was leading the White House’s push to pass the Genius Act, Tether—the company with the most at stake in the bill—was steering millions of dollars to a company he co-owned.

Right after the bill passed, Tether hired him as its U.S. chief.

[Gift link] https://t.co/OWEI7gGX2Q

[Techmeme @Techmeme]

Sources: Amazon is in talks to buy AI startup Decart in a deal that could value it at ~$7B; Anthropic had decided against acquiring Decart for ~$6B in September (Wall Street Journal)

(Visit Techmeme dot com for the link and full context!)

[Lauren Thomas @laurenthomas]

SCOOP w/ @KateClarkTweets: Amazon is in talks to acquire AI startup Decart. $AMZN

https://t.co/vvKWrcltAv

[Techmeme @Techmeme]

Sources: Dario Amodei spoke with Meta's Alexandr Wang earlier this year, hoping to source more compute; Meta declined the request (Wall Street Journal)

(Visit Techmeme dot com for the link and full context!)

[Jessica Toonkel @jtoonkel]

Compute is the lifeblood of the AI boom, and it’s in short supply. Now fights over how to get more of it—and what projects to give priority to—are sending a powerful industry scrambling. Smart piece. @KateClarkTweets @erinkwoo @keachhagey @MeghanBobrowsky https://t.co/ije1XjPSO9 via @WSJ

[Sylvia Varnham O’Regan @SylviaVarnham]

New: My first story for @POLITICOMag is out today! A deep dive into what actually changed inside TikTok US after the Trump admin brokered a deal to split it off from its Chinese parent company ByteDance. https://t.co/esJn5bDeYa

[Robbie Whelan @RWhelanWSJ]

Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in a final round of fundraising before the company’s planned IPO https://t.co/T2ZZDOuAQ4 via @WSJ

[Georgia Wells @georgia_wells]

Inside Google’s AI push into schools: "It slowed my thinking down"

By @shalini, me and @reinmann_molly

https://t.co/gYl9zRLp1U

[Max Zeff @ZeffMax]

NEW: OpenAI has parted ways with three researchers that allegedly shared sensitive information with a third party AI safety organization.

Developing...

https://t.co/HVk0Z2Xb7X

[Amrith Ramkumar @AmrithRamkumar]

Behind the scenes of Tuesday’s White House AI meeting, CEOs including Jensen Huang questioned Dario Amodei in the Roosevelt Room about his dire warnings about AI risks, a sign of lingering tension despite the show of unity. W/ @jdawsey1:

https://t.co/JwVGAKmt6B

[Kevin T. Dugan @KevinTDugan]

Breaking Sydney Sweeney news (kinda)

With @KateClarkTweets

https://t.co/LoWI92BjBU

[The Wall Street Journal @WSJ]

Breaking: Smart-ring maker Oura said it was delaying its planned IPO due to market uncertainty https://t.co/m6PTTTQNsh

[The Wall Street Journal @WSJ]

One of Anthropic’s earliest investors, Jaan Tallinn stands to make billions in the coming months from the artificial-intelligence company’s expected initial public offering. Concerns about AI motivated him to invest.

Read more: 🔗 https://t.co/GOszAwtFKR