Weekly AI Update
ANTHROPIC EXPORT CONTROLS LIFTED
The U.S. Commerce Department lifted export controls on Anthropic's Claude Fable 5 and Mythos 5, restoring global access to Fable 5 and expanding Mythos 5 availability to approved partners. The move ends a regulatory standoff and removes a potential competitive advantage for Chinese AI developers.
META EXPANDS INTO AI CLOUD
$META is developing a cloud infrastructure business to sell AI computing power and hosted AI models, positioning itself against AWS, Google Cloud, Microsoft Azure, and $CRWV. The initiative could monetize excess AI infrastructure, helping offset the company's massive investments in data centers and AI chips.
MGX CLOSES $49B AI FUND
Abu Dhabi-based MGX has closed a $49 billion AI investment fund, one of the largest ever, exceeding its $45 billion target. The fund, a major backer of OpenAI, Anthropic, and xAI, will invest across semiconductors, AI infrastructure, and AI platforms, underscoring continued global capital inflows into the AI sector.