Anthropic Invests $150M in US Scientific Research via Genesis Mission

Key Takeaways

• Anthropic commits $150 million over three years to the Genesis Mission for US scientific research
• Department of Energy awards $159 million for 18 new Genesis Mission projects, totaling 297 projects in year one
• Google, Microsoft, and Amazon are investing in the Genesis Mission alongside Anthropic
• Genesis Mission focuses on fusion energy, quantum computing, and critical minerals research
• Hilton launches AI Planner powered by Anthropic, handling over 18,000 guest conversations by August
• 54 percent of business leaders report cutting or planning to cut jobs to fund AI investments
• OpenAI and Anthropic may face cash flow limits by 2027 as tech giants carry growing financial burden
• New York City Council introduces AI regulation legislation requiring disclosure of AI use
• Rapid City Council delays AI policy vote pending clearer definitions of key terms
• Accenture and Dell expand 20-year partnership to help enterprises run private AI, training 3,000 practitioners

Anthropic commits $150 million to US scientific research over three years

Anthropic announced a $150 million commitment over three years to support American scientific research through the Genesis Mission. The company will provide Claude, Claude Code, and API credits to several hundred Genesis Mission research projects. Anthropic will partner with agencies and national laboratories on priorities like fusion energy and quantum computing. The company will also provide training and technical support to scientists on the project.

Trump promotes AI for science while cutting research funding

President Trump launched the Genesis Mission, a program using AI to speed up scientific research. He announced that companies including Google, Microsoft, and Amazon would invest in the initiative. Trump also awarded the National Medal of Science to tech leaders including Elon Musk and Sergey Brin. Critics note that Trump is simultaneously defunding established research institutions like the National Institutes of Health.

DOE awards $159 million for 18 new Genesis Mission projects

The Department of Energy announced $159 million in new awards for the Genesis Mission, bringing the total to 297 projects in its first year. The funding covers 12 new Phase II awards and 6 Phase I awards focused on fusion, quantum computing, and critical minerals. The Genesis Mission launched in November 2025 to pair scientists with AI and supercomputing resources. The program aims to accelerate scientific discovery through superintelligence.

Rapid City Council delays AI policy for more review

The Rapid City Council voted to postpone approval of a proposed AI policy and asked city staff to create a more detailed version. The draft policy includes six principles such as human oversight, transparency, and privacy protection. Residents and council members raised concerns that key terms like AI tools and sensitive data were not clearly defined. No timeline has been set for when the revised policy will be reviewed again.

New York City Council introduces broad AI regulation legislation

The New York City Council unveiled legislation aimed at regulating artificial intelligence during a daylong hearing on Monday. The proposed bills include requirements for companies to disclose their use of AI. Council members said they want to ensure AI benefits all New Yorkers through transparency and accountability. The hearing featured whistleblowers and experts who discussed concerns about AI's impact on society and the need for worker training programs.

Hilton launches AI Planner to keep bookings direct

Hilton introduced an AI Planner powered by Anthropic that turns simple trip ideas into hotel and itinerary suggestions. Guests held over 18,000 conversations with the tool by August. More than 80 percent of Hilton's business comes through direct bookings. CEO Chris Nassetta said the AI builds stronger direct connections to customers.

OpenAI and Anthropic may hit cash flow limits in 2027

A Brookings paper says OpenAI and Anthropic depend on tech giants for funding because their own cash flow cannot keep up with rising AI investments. The financial burden is increasingly carried by Microsoft, Amazon, Google and Oracle. Wall Street analysts expect AI spending to slow meaningfully after 2027. Supply limits and higher borrowing costs could add pressure.

Companies invest in AI while cutting worker jobs

Many companies are spending more on AI while reducing staff budgets. A survey found 54 percent of business leaders said their companies cut or will cut jobs to fund AI investments. Job cuts are still a last resort for most employers. As AI becomes easier to use, it may replace workers in many fields.

SAP acquires TechWolf and partners with IBM for AI push

SAP is acquiring German software company TechWolf and partnering with IBM to strengthen its AI capabilities. CEO Christian Klein met user groups in Cologne to discuss these moves ahead of Q3. The TechWolf acquisition is expected to close by the end of Q3. The IBM partnership gives SAP access to IBM's AI technology and expertise.

Etsy faces flood of AI-made products on its platform

Etsy, known as a marketplace for handmade goods, is seeing more AI-made products. Artists say the platform now feels overrun with items created using artificial intelligence. The growth of AI tools has made it easier to produce copied or automated goods. This shift is changing what sellers and buyers expect from the handmade community.

Investors watch Adobe NHL AI deal for revenue proof

Investors are analyzing how Adobes new partnership with the National Hockey League tests its AI customer experience tools. This deal is meant to show if the company can turn free users and big contracts into steady recurring revenue. The main goal is to see if AI subscriptions can fix slower growth in new annual revenue. Risks include competition, pricing pressure, and challenges during leadership changes.

Accenture and Dell expand partnership for private AI

Accenture and Dell Technologies announced a major expansion of their twenty year collaboration to help companies run AI on their own systems. They are creating a new Accenture Dell Business Group to support enterprises in scaling private AI and modernizing their infrastructure. Accenture plans to train more than 3,000 practitioners across Dells portfolio to support this new business group. The partnership aims to give clients greater control over their data and predictable costs for enterprise AI workloads.

Jim Cramer backs Meta Microsoft and AMD despite bubble fears

CNBC host Jim Cramer told investors to look at major technology companies like Meta Platforms and Microsoft for AI growth opportunities. He acknowledged worries about high valuations similar to the dotcom bubble but prefers established blue chip companies with strong leadership. Cramer highlighted Metas Muse AI agent as a key driver that could raise the stock multiple from eighteen times to twenty four or twenty five times. He also praised Microsofts strategy for its Copilot tool and kept his club position despite past performance dips.

Sources

• Building on our commitment to American scientific discovery
• Trump calls on AI to speed up science—while continuing to defund it
• DOE's $159M Superintelligence Bet: 12 New Genesis Mission Projects for Fusion, Quantum, and Critical Minerals
• Rapid City Council Delays Artificial Intelligence Policy for Further Review
• Council: We got our eye on your AI
• Hilton’s AI Planner Maps Trips and Keeps Bookings Direct
• OpenAI, Anthropic likely to face a cash-flow wall in 2027: Brookings decode why Wall Street expects AI spending to slow
• As companies spend more on AI, many spend less on workers
• SAP Balances User Demands With IBM Alliance and TechWolf Acquisition Ahead of Q3
• Once a home for handmade, artists say Etsy's now overrun with AI
• How Investors Are Reacting To Adobe (ADBE) NHL AI Partnership
• Dell and Accenture extend a 20-plus-year collaboration to help firms run AI on their own systems.
• Jim Cramer Sees More AI Upside Ahead for Meta, Microsoft and AMD Despite Bubble Fears: ‘They Were Going to Figure Something Out’