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Top stories today:
- Meta ends fact-checking program, shifts to “community notes”
- Anthropic said to be raising $2B at $60B, 3.3x its Feb. 2024 valuation
- Trump escalates threats against Canada, Greenland, Panama
- Lenovo unveils $3,499 rollable AI laptop with extendable OLED display
- OpenAI CEO, family deny sexual abuse allegations made by sister
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of the few hallucinations):
1. Meta ends fact-checking program, shifts to “community notes” ahead of Trump’s comeback
Facebook, Instagram, and Threads users will be affected by the update, starting with the U.S.
CA → TX: Meta will also move its trust and safety and content moderation team to Texas.
Zuckerberg said that “fact-checkers have just been too politically biased”
“We're going to work with President Trump to push back on governments around the world,” Zuckerberg said, in a clear nod towards the President-Elect.
Fox & Friends was the program chosen by Meta’s new Global Affairs Officer Joel Kaplan to announce the change.
Trump praised Meta’s move to end its fact-checking program: “presentation was excellent”
Mon.: Meta appointed Trump supporter Dana White as a new board member, just days after onboarding Kaplan.
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3. Anthropic said to be raising $2B at $60B, 3.3x its Feb. 2024 valuation
Lightspeed Venture Partners is said to lead the $2B round.
Sep. 2024: $40B valuation was floated in the media.
Nov. 2024: Amazon invested $4B into Anthropic using a convertible note.
Anthropic would become the 2nd-biggest AI startup after OpenAI, surpassing Elon Musk’s xAI
And 5th most valuable U.S. startup overall.
