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Top stories today:
- Meta’s $2B Manus deal blocked by China after investment review
- Anthropic says Google to invest $10B at prior $350B
- Musk-Altman trial set to begin Mon. over $134B OpenAI lawsuit
- OpenAI sets 5 principles for AGI, pledges to avoid power concentration
- White House pressures GOP states to curb AI bills, citing federal push
- Anthropic tests Project Deal with Claude buying, selling items
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.
1. Meta’s $2B Manus deal blocked by China after investment review
China’s National Development and Reform Commission ordered the cancellation in a one-line notice.
The decision may chill China’s AI sector.
Comes weeks before a Trump-Xi meeting.
Marks a setback for Meta as it competes with OpenAI and Anthropic.
It’s unclear how Meta will unwind the deal, with employees already onboarded and capital transferred.
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3. Anthropic says Google to invest $10B at prior $350B, with $30B tied to targets
Google Cloud will provide ~5GW of compute capacity to Anthropic over five years.
Marks an expansion of an agreement between Google, Anthropic and Broadcom.
Apr. 20: Anthropic nabbed another $5B from Amazon, also at $350B (pre-money).
4. Musk-Altman trial set to begin Mon. over $134B OpenAI lawsuit
Markets are pricing in 43% odds that Musk will win the case:
