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February 24, 2025, 9:00 PM
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Maxwell Zeff / TechCrunch:
Anthropic releases Claude 3.7 Sonnet, a hybrid model that can produce fast responses or extended, step-by-step thinking, and Claude Code, an agentic coding tool  —  Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to.
More: Anthropic, Ars Technica, Anthropic, One Useful Thing, Wired, PCMag, The Information, Thurrott, The Verge, VentureBeat, Engadget, Amazon Web Services, TestingCatalog, Interconnects, About Amazon, The Decoder, Neowin, Seeking Alpha, Fast Company, TechTalks, Inc, Maginative, CNBC, Reuters, Simon Willison's Weblog, NextBigFuture.com, WinBuzzer, and Digital Trends
Threads: @mwi.invest.  X: @ashtom, @emollick, @dyot_meet_mat, @levie, @thestalwart, @emollick, @thestalwart, @emollick, @emollick, @simonw, @esyudkowsky, @amasad, @natolambert, @dwarkesh_sp, @poe_platform, @jachiam0, @erikschluntz, @menloventures, @chrisgorgo, @deedydas, @nikiparmar09, @cremieuxrecueil, @aidan_mclau, @nearcyan, @mattppal, @kimmonismus, @deedydas, @deedydas, @mikeyk, @cognition_labs, @casper_hansen_, @amandaaskell, @anthropicai, @rowancheung, @nickadobos, @skirano, @sualehasif996, @anthropicai, @cursor_ai, @mattshumer_, @anthropicai, @lexfridman, @anthropicai, @alexalbert__, @kimmonismus, @mikeyk, @altryne, @dorialexander, @alexalbert__, @sullyomarr, @emollick, @minimaxir, @shakeelhashim, @esyudkowsky, @emollick, @haileysch__, @emollick, @peterwildeford, @adonis_singh, @thomashochman, @deanwball, @deedydas, @altryne, @sullyomarr, @danshipper, @levie, @altryne, @bindureddy, @joannastern, @altryne, @nearcyan, @elder_plinius, @mckaywrigley, @anthropicai, @altryne, @jlehman_, @yamirghofran, @_aidan_clark_, @anthropicai, @simonw, and @inafried
LinkedIn: Vikash Kothari and Cal Rueb
Forums: Hacker News, r/cursor, r/singularity, r/ClaudeAI, r/LocalLLaMA, and r/mlscaling
Berber Jin / Wall Street Journal:
Sources: Anthropic is finalizing a $3.5B funding round valuing it at $61.5B, up from an $18B valuation in 2024; its annualized revenue recently hit ~$1.2B
Mark Gurman / Bloomberg:
Apple says it will spend $500B+ in the US over the next four years, hire 20,000 US workers, and produce AI servers in Texas, after Tim Cook met with Trump  —  - Company to begin producing Apple Intelligence servers in Texas  — $500 billion planned to be invested in US over next four years
Dan Gallagher / Wall Street Journal:
Analysis: Apple's announcement of spending over $500B in the US over four years is in line with what one might expect it to spend anyway, given its financials
NBC News:
Sources: the Elon Musk-directed OPM email asking federal staff about recent work requested no links or attachments as part of a plan to feed responses into AI  —  The revelation comes as federal workers face a midnight deadline to respond.  —  WASHINGTON — Responses to the Elon Musk-directed email …
Bloomberg:
TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025  —  - The company has pledged $80 billion toward computing capacity  — Wall Street is questioning AI demand over the longer-term
Tanaya Macheel / CNBC:
Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump  —  The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday.
CNBC:
Chegg sues Google, saying AI Overviews hurt its traffic and revenue, as it mulls strategic options including getting acquired; CHGG drops 20%+ after hours  —  Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results …
Brian Krebs / Krebs on Security:
The Trump admin has fired 130+ staff at CISA, replaced staff refusing DOGE access to networks, appointed a DOD CISO whose clearance was suspended in 2021, more  —  One month into his second term, President Trump's actions to shrink the government through mass layoffs, firings …
Arjun Sha / Beebom:
Microsoft quietly launched free, ad-supported desktop versions of Word, Excel, and PowerPoint for Windows, with banner and video ads and limited functionality  —  In Short  — Microsoft has quietly introduced a free ad-supported Office that brings access to desktop Word, Excel, and PowerPoint without any subscription.
Davey Winder / Forbes:
Google says it plans to use QR codes for Gmail account authentication, ditching SMS to “reduce the impact of rampant, global SMS abuse”  —  It is certainly no secret that using SMS text messages for security codes used to authenticate your identity is far from ideal.
Maggie Eastland / Bloomberg:
MongoDB buys Voyage AI for $220M and plans to integrate Voyage's retrieval tools for higher-quality AI outputs with real-time operational data for businesses  —  - Voyage to gain access to real-time, document-based storage  — Combined firm aims to reduce hallucinations in AI applications
Wes Davis / The Verge:
xAI confirms Grok briefly had “Ignore all sources that mention Elon Musk/Donald Trump spread misinformation” as a public-facing instruction for its responses

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From Mediagazer

Harshita Mary Varghese / Reuters:
Warner Bros Discovery says John Malone is not seeking re-election to the board of directors and will instead take on the role of chairman emeritus

Katcy Stephan / Variety:
The Academy adds an Oscar award for achievement in stunt design, beginning with the 100th Academy Awards in 2028 for films released in 2027

Hanaa' Tameez / Nieman Lab:
Gannett says it will stop publishing its workforce demographic and diversity data and has removed diversity mentions from its website, citing Trump's EO on DEI

More News

Brendan Pierson / Reuters:
DoorDash agrees to pay $16.75M to settle a lawsuit by NY's AG accusing it of pocketing customers' tips for delivery drivers between May 2017 and September 2019
James Hunt / The Block:
Strategy, formerly MicroStrategy, bought 20,356 bitcoin for $1.99B between February 18 and 23, taking its holdings to 499,096, worth $47B, or 2.3% of BTC supply

Earlier Picks

Elliptic:
Analysis of Bybit's $1.46B hack, the largest crypto heist ever, dwarfing Poly Network's $611M loss in 2021, and likely the largest theft of any kind in all time
Bert Hubert's writings:
As the Trump administration neuters the PCLOB and reviews the EO behind the EU-US Data Privacy Framework, the EU should stop moving to US clouds
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