Electric aircraft startup Beta Technologies seeks to raise $825M in IPO

Electric aviation startup Beta Technologies has set a share price for its initial public offering between twenty-seven and thirty-three dollars. The company hopes to raise as much as eight hundred and twenty-five million dollars, according to a regulatory document filed…

This Thiel-backed venture allows doping in its own sports

The Enhanced Games, which is backed by Peter Thiel and Donald Trump Jr.’s 1789 Capital, aims to disrupt the Olympics. This new competition will allow athletes to use performance-enhancing substances. The event is scheduled to launch in Las Vegas in…

Anthropic launches new version of scaled-down ‘Haiku’ model

On Wednesday, Anthropic released Claude Haiku 4.5, the newest version of its smallest model. The company bills it as offering similar performance to its Sonnet 4 model at one-third the cost and more than twice the speed. Anthropic cites a…

Nscale inks massive AI infrastructure deal with Microsoft

AI hyperscaler startup Nscale has signed a sizable deal with Microsoft to bring Nvidia AI hardware to multiple data centers. The AI cloud provider announced that it signed a deal with Microsoft to bring approximately 200,000 Nvidia GB300 GPUs to…