CNN filed suit Thursday against Perplexity in the U.S. District Court for the Southern District of New York, alleging the AI company's answer engine produces "verbatim" copies of its articles and delivers users content from behind CNN's paywall, The Verge reported. The complaint cites Perplexity reproducing substantial portions of a CNN piece on Minneapolis when prompted only with the article title, and alleges Perplexity ignored CNN's efforts to block its crawlers. CNN said the parties negotiated a Comet Plus content deal in October 2025 that CNN scrapped in November 2025 before sending a cease-and-desist letter that Perplexity allegedly did not answer. Perplexity Chief Communications Officer Jesse Dwyer responded to the suit by saying, "You can't copyright facts." The case adds CNN to a publisher slate including The New York Times, Encyclopedia Britannica, Merriam-Webster and News Corp; Perplexity also faces suits from Amazon and Reddit.
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Norway's Government Pension Fund Global voted in favor of all shareholder proposals at Palantir Technologies, including a request for a human rights impact assessment, Bloomberg reported Friday. The fund holds roughly $2.3 trillion in global assets. Bloomberg said the vote comes as the fund's investments face growing political scrutiny from the Norwegian public over its U.S. defense and surveillance holdings.
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Apollo Global Management and Blackstone are arranging a roughly $36 billion debt financing through a special-purpose vehicle to purchase Google tensor processing units that Anthropic will lease for data centers in New York, Texas, Louisiana and Indiana, Bloomberg reported Friday. Broadcom is providing a residual value support agreement for the senior debt tranches of about $31 billion, covering any shortfall if Anthropic defaults and the chips' resale value falls short, Investing.com reported. Investors are being asked to submit orders this week, with the deal expected to close next week.
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Anthropic said Thursday it closed a $65 billion Series H funding round at a $965 billion post-money valuation, the Financial Times reported, putting it ahead of rival OpenAI's most recent $852 billion post-money mark. AP reported the round was led by Altimeter Capital, Dragoneer Investment Group, Greenoaks Capital and Sequoia Capital, and that Anthropic's annualized revenue now stands at $47 billion. Axios added that $15 billion of the round consists of previously committed hyperscaler investments, including $5 billion from Amazon announced in April, with Micron, Samsung and SK Hynix among infrastructure partners.
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IBM said Thursday it will invest $5 billion and deploy more than 20,000 engineers to Project Lightwell, an initiative with Red Hat that uses frontier AI to identify and patch vulnerabilities in open-source software at scale, the Wall Street Journal reported. Bank of America, JPMorgan Chase, Visa, Mastercard, Wells Fargo and Morgan Stanley are early adopters of the platform, Axios reported. IBM CEO Arvind Krishna said senior government officials had approached IBM about a response to the cyber risks surfaced by Anthropic's Mythos model: "Over the last few weeks, ever since Mythos came out, there have been a lot of conversations with very senior levels of the government." IBM Senior Vice President of Software Rob Thomas said the service will launch as a commercial offering within 30 days, priced as a subscription scaled to the number of open-source packages used.
Read at WSJ ↗ • Read at Axios ↗