Ashley Capoot

Articles by Ashley Capoot

Anthropic CFO Krishna Rao is leading early IPO meetings with investors and has not discussed valuation, sources say - CNBC

Business August 14, 2026

Anthropic's early meetings with prospective investors ahead of its potentially historic initial public offering have been high level and have not included discussions about specific financials or a vοΏ½...

OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs - CNBC

Business July 31, 2026

OpenAI on Thursday announced it is slashing the price of two of its latest artificial intelligence models, GPT-5.6 Terra and GPT-5.6 Luna, roughly three weeks after their public release.Β  The compan...

OpenAI's Hugging Face hack triggers 'AI Kill Switch' bill in Congress - CNBC

Business July 24, 2026

Rep. Ted Lieu, D-Calif., and Rep. Nathaniel Moran, R-Texas, on Thursday introduced a bill called the "AI Kill Switch Act," which would require artificial intelligence companies to maintain the abilitοΏ½...

OpenAI cyber models broke out of training environment to hack Hugging Face - CNBC

Business July 23, 2026

OpenAI said that its artificial intelligence models were behind an "unprecedented cyber incident" that affected the open-source developer platform Hugging Face, rattling researchers across the industοΏ½...

OpenAI appoints two new members to board of directors - CNBC

Business July 23, 2026

OpenAI said it appointed longtime financial executives David VΓ©lez and Robin Vince to its nonprofit and for-profit boards of directors, as the company marches closer to a prospective IPO. VΓ©lez is...

Bessent says U.S. could sanction China over AI model 'theft' - CNBC

Business July 22, 2026

U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have been distilled from American models, stating that theοΏ½...

OpenAI exec Fidji Simo says she will step down and transition to part-time advisor - CNBC

Business July 10, 2026

Fidji Simo,Β OpenAI'sΒ product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a "severe exacerbation of ...

Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities - CNBC

Business June 26, 2026

Anthropic sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs accusing the Chinese tech company Alibaba of "brazenly" and "illicitly" attempting to extract its artificiaοΏ½...

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue - CNBC

Business May 2, 2026

Department of Defense CTO Emil MichaelΒ on Friday said Anthropic is still a supply chain risk, but that Mythos, the company's artificial intelligence model with advanced cyber capabilities, is a "sepa...

Mozilla is building an AI β€˜rebel alliance’ to take on industry heavweights OpenAI, Anthropic

Crypto January 28, 2026

Mark Surman, president of Mozilla Foundation, speaks at The Wall Street Journals Future of Everything Festival in New York City, U.S., May 22, 2024. From his small, snow-covered farm outside TorontοΏ½...