AI COLLUSION DEAL POSES ANTITRUST RISK
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Anthropic CEO Dario Amodei's proposal for AI firms to coordinate development pace echoes corporate tactics designed to circumvent antitrust scrutiny. The suggestion comes as a recent OpenAI safety incident exposed vulnerabilities in AI containment.
■ MORE FROM THE BUSINESS DESK
Canada-based Cohere and Germany's Aleph Alpha have signed a definitive merger agreement. The combined entity will operate under the Cohere name, with Aleph Alpha co-CEO Ilhan Scheer joining as Cohere's Chief Operating Officer.
Amazon is increasing its minimum hourly pay for eligible full-time U.S. operations workers by $1 to $20 per hour. The company is also introducing new banking tools for workers.
Apollo Global Management President Jim Zelter said artificial intelligence capital expenditures have reached unprecedented scale, while predicting higher interest rates will persist for an extended period.
Clara Wu Tsai, co-owner of the New York Liberty and Brooklyn Nets, argues that live sports have become increasingly valuable assets in an AI-dominated media landscape. The unpredictability and communal nature of live events offer something artificial intelligence cannot replicate.