May 29, 2025

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Anthropic, Snyk, Netflix, and University of California AI Investments

Recent developments in the field of artificial intelligence (AI) have seen significant investments and advancements. Reed Hastings, the co-founder and chairman of Netflix, has joined the board of directors of Anthropic, an AI company focused on developing reliable and interpretable AI systems. Anthropic has received significant investments from Amazon and Google, and is a competitor to OpenAI. Meanwhile, Snyk has launched the Snyk AI Trust Platform, designed to secure and govern software development in the AI era. Other notable developments include the University of California's investment in AI tools, Japan's backing of AI chip startup EdgeCortix, and the launch of AI-powered platforms such as Ambience Healthcare's platform for identifying ICD-10 codes. However, the growth of AI also poses risks, including security flaws, privacy concerns, and bias, highlighting the need for AI trust platforms and responsible AI development. Additionally, AI is having a significant impact on the job market, with entry-level jobs being automated and Gen Z facing challenges in finding employment.

Key Takeaways

  • Reed Hastings, Netflix co-founder and chairman, has joined the board of directors of Anthropic, an AI company.
  • Anthropic has received significant investments from Amazon and Google, and is a competitor to OpenAI.
  • Snyk has launched the Snyk AI Trust Platform to secure and govern software development in the AI era.
  • The University of California has invested in AI tools, including the formation of the AI Futures Lab.
  • Japan has backed AI chip startup EdgeCortix with $21 million in government subsidies.
  • Ambience Healthcare has developed an AI-powered platform for identifying ICD-10 codes, outperforming doctors.
  • AI poses risks, including security flaws, privacy concerns, and bias, highlighting the need for responsible AI development.
  • AI is having a significant impact on the job market, with entry-level jobs being automated.
  • Gen Z is facing challenges in finding employment due to the automation of entry-level jobs.
  • Companies are investing in AI trust platforms to secure the entire AI pipeline, from code writing to model behavior.

Reed Hastings joins Anthropic board

Reed Hastings, the co-founder and chairman of Netflix, has joined the board of directors of Anthropic, an artificial intelligence company. Hastings was appointed by the Long Term Benefit Trust and brings his experience in leadership and philanthropy to the role. Anthropic is a competitor to OpenAI and has received significant investments from Amazon and Google. The company is focused on developing reliable and interpretable AI systems. Hastings has also donated $50 million to Bowdoin College to establish a research initiative on AI and humanity.

Netflix founder joins AI company board

Reed Hastings, the founder and former CEO of Netflix, has joined the board of directors of Anthropic, an AI company. Hastings was appointed by the Long Term Benefit Trust and will help guide the company's development of AI systems. Anthropic is a competitor to OpenAI and has received significant investments from Amazon and Google. Hastings has also donated $50 million to Bowdoin College to establish a research initiative on AI and humanity. He believes in Anthropic's approach to AI development and wants to help humanity progress.

Reed Hastings appointed to Anthropic board

Reed Hastings, the chairman and co-founder of Netflix, has been appointed to the board of directors of Anthropic, an AI company. Hastings brings his experience in leadership and philanthropy to the role. Anthropic is focused on developing reliable and interpretable AI systems. Hastings has also donated $50 million to Bowdoin College to establish a research initiative on AI and humanity. He believes in Anthropic's approach to AI development and wants to help humanity progress. The Long Term Benefit Trust appointed Hastings due to his impressive leadership experience and commitment to addressing AI's societal challenges.

Former Netflix CEO joins Anthropic board

Reed Hastings, the former CEO of Netflix, has joined the board of directors of Anthropic, an AI company. Hastings was appointed by the Long Term Benefit Trust and brings his experience in leadership and philanthropy to the role. Anthropic is a competitor to OpenAI and has received significant investments from Amazon and Google. Hastings has also donated $50 million to Bowdoin College to establish a research initiative on AI and humanity. He believes in Anthropic's approach to AI development and wants to help humanity progress. Anthropic is focused on developing reliable and interpretable AI systems.

Netflix co-founder joins AI firm board

Reed Hastings, the co-founder and executive chairman of Netflix, has joined the board of directors of Anthropic, an AI firm. Hastings was appointed by the Long Term Benefit Trust and brings his experience in leadership and philanthropy to the role. Anthropic is a competitor to OpenAI and has received significant investments from Amazon and Google. Hastings has also donated $50 million to Bowdoin College to establish a research initiative on AI and humanity. He believes in Anthropic's approach to AI development and wants to help humanity progress. The company is focused on developing reliable and interpretable AI systems.

Snyk launches AI Trust Platform

Snyk, a cybersecurity company, has launched the Snyk AI Trust Platform, a platform designed to secure and govern software development in the AI era. The platform aims to empower organizations to accelerate AI-driven innovation while mitigating business risk and securing agentic and generative AI. The platform introduces several innovations, including Snyk Assist, an AI-powered chat interface, and Snyk Agent, which automates fixes and security actions throughout the development lifecycle. Snyk also launched two new platform-supporting curated AI Trust environments, Snyk Labs and Snyk Studio.

Establishing trust in AI development

The rapid growth of artificial intelligence (AI) has brought new opportunities and risks to businesses. AI coding tools can help teams ship faster, but they also bring new risks, such as security flaws and privacy concerns. To establish trust in AI development, companies need to take a good look at their use of AI and locate weaknesses and vulnerabilities. This includes checking data rights, data quality, and ensuring that AI systems are secure and transparent. AI trust platforms can help secure the entire AI pipeline, from code writing to model behavior. Developers won't be replaced by AI, but their roles will evolve, and they will need to learn new skills to work with AI.

AI startup performs task better than doctors

Ambience Healthcare, an AI startup, has developed a platform that can identify ICD-10 codes, used to classify diseases and medical conditions, better than doctors. The platform uses AI to generate notes with accurate codes, which can help medical practitioners ensure they get paid for their work and mitigate the risk of billing errors. The company has raised $70 million in a series B round and has partnered with OpenAI to develop a dataset of complex clinical cases. The platform has been tested against 18 board-certified physicians and has demonstrated a 27% relative improvement in coding performance.

Japan backs AI chip startup

EdgeCortix, a Tokyo-based AI chip startup, has secured government subsidies of $21 million to develop energy-efficient AI chiplets for commercialization in 2027. The company has won a contract tied to the US Department of Defense and may see its revenue more than double this year. EdgeCortix is working on developing AI chips for defense applications, and the investment is part of Japan's efforts to foster its semiconductor industry.

AI and compliance risks

The rapid growth of artificial intelligence (AI) has brought new opportunities and risks to businesses. AI can help companies improve their operations, but it also poses risks, such as security flaws, privacy concerns, and bias. Companies need to take a good look at their use of AI and locate weaknesses and vulnerabilities. This includes checking data rights, data quality, and ensuring that AI systems are secure and transparent. AI trust platforms can help secure the entire AI pipeline, from code writing to model behavior. Companies need to be aware of the potential risks and take steps to mitigate them.

University of California invests in AI

The University of California's investment office is bolstering the development of artificial intelligence tools through several investments. The university has formed the AI Futures Lab, a research center that will advance research and develop tools in AI and data science. The lab will also incubate new ventures and develop open platforms for research and teaching. The university has also invested in LMArena, an AI chatbot development platform. The investments are part of the university's efforts to support innovation and advance the field of AI.

AI re-use rights available

VG WORT and RightsDirect have announced an extension to the existing VG WORT Digital Copyright License, which now includes rights to re-use content within artificial intelligence (AI) applications for internal purposes. The license provides German companies and their worldwide affiliates with a consistent set of re-use rights for legally acquired materials. The extension is part of the companies' efforts to support the development of AI and provide a legally compliant solution for common types of use of copyright-protected content within companies.

Decentralization and AI can cut CAR T costs

High manufacturing costs are limiting patient access to CAR T cell therapies. Decentralization, vector-free modification technologies, and artificial intelligence (AI) can help make production cheaper. CAR T production is not a good fit for centralized manufacturing, and local strategies, such as point-of-care production, can help reduce complexity and costs. AI can also help design better CAR Ts, search for novel response biomarkers, and find more efficient manufacturing processes. Efforts to replace viral vectors with CRISPR, nanoparticle, and mRNA-based methods show promise in reducing costs.

The Banner joins Lenfest Institute AI Collaborative

The Baltimore Banner is among five organizations that will join the Lenfest Institute AI Collaborative and Fellowship Program. The program aims to help news enterprises leverage artificial intelligence to drive business sustainability and innovation. The Banner will receive funding to work on projects that enhance audience engagement and build subscriptions and membership revenue. The program is supported by OpenAI and Microsoft, and the new members will join five of the largest independently owned metropolitan news organizations in the US.

AI destroys Gen Z's career chances

The rapid growth of artificial intelligence (AI) is destroying the career chances of Gen Z. AI is automating entry-level jobs, making it harder for young people to find work. A recent report found that unemployment rates among recent college grads in the US are rising, and entry-level positions are being displaced by AI at higher rates. The job market is a tightly wound ecosystem, and the loss of entry-level roles can have a ripple effect throughout the economy. AI is not just replacing jobs, but also changing the nature of work, and Gen Z needs to be prepared to adapt to these changes.

Sources

Artificial Intelligence Anthropic OpenAI AI Trust Platform Snyk AI Development