Anthropic's analysis of 500,000 coding conversations reveals startups use AI coding tools 20% more than enterprise companies, pointing to a growing tech divide.
AppLovin shares crashed 13% Wednesday after two short sellers launched devastating attacks on the AI advertising company that had surged 432% over the past year.
Fuzzy Panda called AXON "a House of Cards," accusing AppLovin of stealing Meta data, violating app store policies, and illegally tracking children. Culper Research alleged the company exploits permissions to force-install apps without user consent.
The Palo Alto firm hasn't responded to these claims. Multiple law firms including Rosen Law and Block & Leviton have launched securities fraud investigations following the reports.
Why this matters:
Even Wall Street's AI darlings face brutal reckonings when their core technology and business practices come under serious scrutiny.
OpenAI just updated its rulebook for handling powerful AI, and the timing couldn't be better. Their AI models keep getting smarter, and like any parent of a gifted teenager, they're setting firmer boundaries.
Claude just got a major upgrade that transforms how it finds and uses information. The AI assistant now searches the web and connects with Google Workspace, making it a more capable research partner.
Hugging Face bought Pollen Robotics to make AI-powered robots more accessible. The deal brings in Pollen's founders and 20-person team from Bordeaux, France.
