Technology

OpenAI and Anthropic Declare Retail Pre-IPO Trades Void
OpenAI and Anthropic have moved to invalidate secondary market sales of their equity, targeting SPVs and tokenized shares.
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Coinbase Pivots to AI-Native Operations in 14% Workforce Cut
Coinbase is cutting approximately 690 roles as CEO Brian Armstrong shifts the company toward an AI-first operational model.

Pentagon Wires Seven AI Firms Into Classified Networks
The Pentagon has signed agreements with seven AI companies to deploy advanced capabilities into classified military environments, excluding Anthropic.

OpenAI and Anthropic Accuse China of AI Model Theft, White House Evidence Unclear
OpenAI and Anthropic have publicly accused Chinese AI labs of industrial-scale distillation campaigns, but the White House's broader theft claims currently rely on company allegations rather than independently released government forensics.

AngelList Launches $500 Venture Fund Pitching Access to OpenAI, Anthropic, and xAI
AngelList's USVC pitches $500 access to OpenAI, Anthropic, and xAI — but the registered closed-end fund preserves venture capital's illiquidity, layered fees, and board-discretionary redemptions.

Anthropic Launches Claude Design. Figma Stock Drops 6%, CPO Quits Board.
Anthropic's Claude Design launch marks frontier AI companies' climb from infrastructure partner to direct application competitor.