My book Dots, Bots, and Math! went into distribution on October 16. Since then, the news has walked through its chapters: Apollo’s “zero payoff”, Microsoft’s buyouts, Anthropic’s S-1, the AI price war, agents inside bank accounts. Six ideas from the book, each next to the headline it helps explain, and what they mean for companies and for users.
Browsing Tag
AI and jobs
3 posts
60,000 Buyout Offers and a $95 Billion Stock Sale: How Big Tech Now Pays for AI
Microsoft offers voluntary buyouts to about 60,000 employees; the same day Meta launches a plan to raise up to $95 billion in new stock. What the terms and SEC filings actually say, why the AI build-out now lands on employees and shareholders, where AI is the real reason, and what it means for companies and users.
Anthropic Puts 5% of Itself Into a Public Benefit Fund. The Real Story Is What It Hasn’t Decided Yet.
Anthropic is committing 5% of its shares, about $48 billion at its last valuation, to a new public benefit fund ahead of its IPO. It chose an LLC over a foundation. Here is what that means, how it compares with OpenAI’s foundation, and the five questions still open.