Anthropic's Fable 5 model came back online for users on Wednesday, after the Trump administration lifted an export control late Tuesday.
Why it matters: It's the most powerful publicly available AI tool — so capable that the U.S. government decided Anthropic had to add further safety measures in order to make it broadly available.
Meta shares soared nearly 9% Wednesday on a report that the company is wading into the business of selling cloud computing services and access to AI models.
Why it matters: The booming AI economy has triggered insatiable demand for data processing power, enriching the likes of Amazon, Google and Microsoft.
Amazon's greenhouse gas emissions rose sharply last year as the company raced to expand AI infrastructure.
Why it matters: Amazon's annual environmental report, released a day after Google's report unveiled similar increases, adds to mounting evidence that AI growth is making it harder fortech giants to maintain climate ambition.
Sandeep Bhanote, global head and GM of GrowthX at DXC, joined Axios publisher Nicholas Johnston for a View from the Top conversation. The two discussed today's banking landscape, DXC's new platform, DXC CoreIgnite, and how AI will continue to impact the banking industry in the future.
Bending Spoons, an Italian holding company that buys and seeks to revitalize digital businesses, raised $1.7 billion in its IPO and will list Wednesday on the Nasdaq under ticker symbol "BSP."
Why it matters: AOL is part of a public company again. So is Eventbrite. And Vimeo. And a bunch of other legacy tech brands.
Semiconductor stocks have been enjoying their greatest rally ever.
Why it matters: It's another proofpoint driving investors and analysts alike to an inescapable conclusion: The AI build-out is almost certainly the biggest investment boom in American history.
The U.S. Air Force is on the hunt for a new "Long Range Weapon" capable of blasting targets in the air and on the surface from at least 1,000 nautical miles out.
Why it matters: That's quite far — dwarfing the reach of contemporary munitions.
Such an ask suggests applications in the Indo-Pacific, where vast stretches of water separate small islands, supply hubs, airstrips and armadas.
Dominion Dynamics raised $100 million and plans to use the money to mature its command-and-control suite, AuraNet, as well as its robo-wingman, Scout.
Why it matters: The startup, based in Ottawa and founded by former Anduril Industries executive Eliot Pence, is billing the Series A as the largest "in the history of Canadian defense."
A new UN-backed commission will bring top tech executives and heads of state to the same table to forge global solutions for AI, per an announcement shared exclusively with Axios.
Why it matters: As global AI regulation grows more splintered, this initiative is an attempt to connect the executives building advanced AI with a group of global politicians.
Why it matters: What was once a private gesture between partners or parents is becoming a paid service — a sign of how many Americans are seeking human touch and connection amid growing loneliness and isolation.
The Trump administration lifted export controls on Anthropic's Claude Fable 5 AI model Tuesday evening, with access returning to customers Wednesday, Anthropic said.
Why it matters: The move, eagerly awaited by AI developers, restores public access to the company's powerful Mythos-class model that had been pulled for security reasons 18 days ago.
