Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    France’s Atos posts sales dip, targets M&A from 2026

    LabConnect Featured in Season Finale of Emmy-Nominated Series Tomorrow’s World Today

    Joel Klatt’s College Football Rankings: Alabama Moves Up, Miami Falls Down

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Politics»AI giant Anthropic expands restrictions on Chinese entities
    Politics

    AI giant Anthropic expands restrictions on Chinese entities

    AdminBy AdminNo Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    FIRST MOVER?

    “This is the first time a major US AI company has imposed a formal, public prohibition of this kind,” said Nicholas Cook, a lawyer focused on the AI industry with 15 years of experience at international law firms in China.

    “The immediate commercial effect may be modest, since US AI providers already face barriers to operating in this market and relevant groups have been self-selecting for their own locally developed AI tech,” he told AFP.

    But “taking a stance like this will inevitably lead to questions as to whether others will or should take a similar approach.”

    An Anthropic executive told the Financial Times that the move would have an impact on revenues in the “low hundreds of millions of dollars.”

    The San Francisco-headquartered company was founded in 2021 by former executives from OpenAI.

    It announced this week it had raised US$13 billion in its latest funding round, saying it now has more than 300,000 business customers.

    The number of accounts on pace to generate more than US$100,000 annually is nearly seven times larger than a year ago, Anthropic said Tuesday.

    When questioned on Anthropic’s announcement at a regular briefing, Chinese foreign ministry spokesman Guo Jiakun said he was not familiar with the situation.

    “The Chinese side has consistently opposed the politicisation, instrumentalisation, and weaponisation of science, technology, and economic and trade issues. Such practices are not in the interest of any party,” he said.

    Assumptions that the US was far ahead of China in the fast-moving AI sector were upended this year when Chinese start-up DeepSeek unveiled a chatbot that matched top American systems for an apparent fraction of the cost.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    France’s Atos posts sales dip, targets M&A from 2026

    Trump says he plans to visit China “fairly early next year”

    AI startup InvestorSight, advisory firm Longacre Square announce partnership

    Victory ‘by a hair of my eyebrow’ – Not again, surely? | Politics News

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Prabowo jets to meet Xi in China after deadly Indonesia protests

    This HP laptop with an astonishing 32GB of RAM is just $261

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2025 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.