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INVESTORS AND FUNDING
Kanu AI raises $11.7m to turn how staff work into software they own
Its customers include firms in real estate and insurance. One cut an analysis job from up to eight weeks to under 10 minutes, the company says.
ANTHROPIC
Broadcom to lend Anthropic up to $42bn for its chips, Reuters reports
Anthropic's IPO prospectus says Broadcom's double role, as chip supplier and lender, creates potential conflicts of interest. The loan follows Nvidia's playbook of using its balance sheet to sell chips.
FUTURE OF WORK
‘When everyone’s responsible, no one is’: the AI champion problem
Zapier writes 30% to 40% of the job into the role of the people who drive its AI work. At its private retreat, its team explained what else keeps AI champions from losing their time.
BUSINESS
Ford’s CEO says it is too late for Europe to fend off Chinese carmakers
Jim Farley told a Detroit conference the continent left it too late and America should not repeat the mistake, while Ford holds 66% of a Valencia joint venture building two Geely electric SUVs
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