Browsing: In Brief

In a sign that crypto and blockchain-focused investing has receded in importance, Andreessen Horowitz announced Thursday that it is renaming its digital asset unit from a16z Crypto to a16z Frontier.

OpenAI is reportedly close to securing another mega round of private funding, rather than plowing ahead with an IPO. The AI lab is working on raising up to $30 billion at $1.25 trillion pre-money valuation in a round led by Coatue and investors in UAE, sources told CNBC.

TypeSafe AI, the developer of Jev, a new type of AI model that gained rapid popularity after launching just a few weeks ago, has raised $870 million at a $7.5 billion valuation. The round was led by Andreessen Horowitz, with participation from Sequoia and existing investor DCVC.

The Trump administration is suspending Microsoft, Adobe, and several other technology companies from a program that helps skilled foreign workers obtain permanent residency in the United States, accusing the companies of fraud.

Anthropic updated its usage policy on Thursday, codifying new prohibitions on election interference, weapons software, and surveillance. But perhaps the most attention-getting change is a new prohibition against prolonged verbal abuse of the model, which is now expressly forbidden.

A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that.

On Thursday, at the Golden Age of American Innovation Summit, President Trump awarded Elon Musk, Jensen Huang, Sergey Brin, and AMD’s Lisa Su the National Medal of Science, the nation’s top science prize. Dell Technologies’ Michael Dell and Microsoft’s Satya Nadella also receivedthe National Medal of Technology and Innovation.

On Tuesday, Anthropic announced an expansion of its Claude for Startups program, offering subsidized access to its AI models and a variety of other benefits to qualifying companies.

The new devices — which include a smart lock, a thermostat, and a doorbell — are designed to integrate with the company’s smart home hub, another upcoming product that will reportedly launch on October 13. That hub is expected to include a 6-inch square display that can be placed on a countertop or mounted on…

The Danish government has confirmed that its central database of citizens’ data was breached and most of its contents were stolen. The data breach affects some 8 million citizens and residents of Denmark, including people living abroad and the deceased.