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Anthropic’s CEO stuns Davos with Nvidia criticism

Anthropic CEO Dario Amodei unloaded on both the administration and U.S. chip companies over plans to sell to China. The criticism was particularly notable because one of those chipmakers, Nvidia, is a major partner and investor in Anthropic.

Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT

Sequoia Capital is reportedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. It’s a move sure to turn heads in Silicon Valley. Why? Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a single winner. […]

Why Silicon Valley is really talking about fleeing California (it’s not the 5%)

If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3% […]