Business

AI giant Anthropic confidentially files for IPO

AI giant Anthropic, the maker of the Claude chatbot, announced Monday that it had filed confidentially for an initial public offering (IPO), as Silicon Valley AI companies look to raise the enormous sums needed to fuel the ...

Business

Faster renewable shift could save EU billions, analysis shows

Recurring geopolitical tensions and energy import limitations have raised energy prices across the European Union (EU), exposing a gap in energy supplies and vulnerabilities in energy security. With energy prices showing ...

Business

Energy crunch fuels car pool growth

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel.

Business

IBM says to boost open-source security with $5 bn project

American tech giant IBM and its IT services subsidiary Red Hat said Thursday that they would deploy billions of dollars and thousands of staff to secure open source software against new cybersecurity threats.

Business

Quantifying forks in Bitcoin mining—and their energy cost

Creating new cryptocurrency requires large amounts of computing power, which is used to solve cryptographic puzzles in what is known as proof-of-work mining. When two computers attempt to solve the same puzzle, the first ...

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