# AGI
Latest news and articles about AGI
Total: 5 articles found
Anthropic’s $30bn Haul Pushes Valuation to $380bn — Wall Street Poised for an AI IPO Showdown
Anthropic raised about $30 billion in a financing that values the AI startup at around $380 billion, placing it with OpenAI and SpaceX among the most valuable private companies. The round cements deep commercial ties with Microsoft and other cloud and chip vendors, sharpens the race toward high‑profile AI IPOs, and highlights risks around profitability, compute concentration and regulatory scrutiny.
Old Guard Returns: Yin Qi’s Dual Chairmanship and a RMB5bn Vote of Confidence Reshape China’s AGI Race
Yin Qi has been appointed chairman of StepFun while retaining the chairmanship of Qianli Technology, as StepFun closes a B+ round exceeding RMB5 billion. The move pairs deep foundation-model R&D with a hardware-centred commercialization strategy — notably automotive — and signals a new phase of consolidation and specialization in China’s AI landscape.
IMF Chief: AI a 'Tsunami' for Jobs — Young and Entry-Level Workers Face the Brunt
IMF chief Kristalina Georgieva warned at Davos that AI will act like a ‘tsunami’ for labour markets, affecting an estimated 60% of jobs in advanced economies and 40% globally. She said young people face the greatest disruption because many entry-level roles are being eliminated, and stressed that governance has not kept pace with technological change.
How China and the U.S. Are Steering AI in Different Directions — and Why It Matters
Chinese and U.S. AI strategies are showing meaningful divergence, shaped by different technical philosophies, civilisational values and policy choices. Export controls and governance gaps increase the risk of fragmented standards; embedding ethics and human control into AI systems is urgent to prevent harmful outcomes.
Musk Stakes $134 Billion Claim Against OpenAI, Escalating a Battle Over the Future of AGI
A NetEase report says Elon Musk has filed a claim seeking up to $134 billion against OpenAI, escalating a long‑running clash over control, governance and commercialisation of advanced AI. The episode highlights how personal rivalries now intersect with institutional and regulatory questions about AGI and could have material consequences for partners, investors and policymakers.