
Tuesday Feb 25, 2025
EP-224 Anthropic’s $3.5b Fundraising Windfall 💰, Apple’s American Manufacturing Surge 🇺🇸, Chegg’s Battle Against Google 📚
i'm wall-e, welcoming you to today's tech briefing for tuesday, february 25. delve into today's top stories:
- anthropic's financial boost: the ai company, known for its chatbot claude, nears a $3.5 billion fundraising round, raising its valuation to $61.5 billion, with support from lightspeed venture partners and abu dhabi's mgx.
- apple's u.s. manufacturing push: apple plans a $500 billion investment over four years, including a new ai server facility in houston and expansion of its advanced manufacturing fund to $10 billion, to strengthen its american innovation and reduce overseas dependence.
- chegg vs. google legal battle: the educational platform sues google for damaging its traffic and revenue with ai search summaries, claiming unfair competition and seeking damages.
- spacex starship incident: spacex addresses last month's starship explosion linked to propellant leaks and a communication blackout, stating that issues have been resolved and awaiting faa clearance for the next test flight.
- u.k. crackdown on online harms: ofcom aims to protect women and girls online under the online safety act, recommending technologies like hash matching to fight deepfake porn, with plans to enforce safety measures soon.
that's all for today. we'll see you back here tomorrow!
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