Anthropic's chief executive has outlined a plan to "pace the frontier" of AI development, TechCrunch reports. The available excerpt does not describe what the plan would involve.
A report released Thursday by Anthropic alleges that Alibaba, Moonshot AI, and DeepSeek have run distillation campaigns against its models. Distillation trains one model on another model's outputs. Anthropic says the campaigns have escalated in recent months as competition in the field has intensified.
Circle Internet Group signed a definitive agreement to acquire Tazapay, a Singapore-based cross-border B2B payments company. Tazapay handles more than $25 billion in annualized payment volume, banks in over 100 markets, and works with more than 60 fintech partners, and Circle says the deal will make USDC a faster payment rail across Asia-Pacific and emerging markets. The companies expect to close the acquisition in 2027, pending approval from the Monetary Authority of Singapore.
Revolut confirmed that attackers obtained customer data by sending fake government requests. The company said it notified affected customers and alerted the relevant government agency, law enforcement, and financial regulators.