Among the seven co-founders of Anthropic PBC set to reap a multibillion-dollar windfall as the company goes public is Canadian Christopher Olah, who leads its interpretability research. Whitecap Resources Inc. is earning more than it plans to spend and, for now, is letting the surplus build rather than spending more on growth projects. The federal government says it will invest up to 1.6 billion dollars in Cohere Inc. as part of its planned 7-billion-dollar fundraising round, the largest private capital raise in Canada. Canada's auditor general says FINTRAC, the federal government's primary financial intelligence unit, is not effectively carrying out its duties to limit money laundering, which a 2020 Criminal Intelligence Service Canada estimate put at 45 to 113 billion dollars a year. Meta pledged to consult news industry groups before finalizing new terms of service that have angered publishers worried the company could use their content to train its AI models.
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