Cracks are showing
22 October 2026 at 04:00
Saw two stories today: Getty Images files for bankruptcy after AI pressures Character.ai filed for bankruptcy Meanwhile, there are some comments over the misinterpretation of the $80 billion loss on Anthropic. But hereβs the thing β itβs an accounting thing. About $72 billion was a noncash accounting charge related to convertible bonds and other fundraising [β¦]