More than a year before his recent standoff with the Pentagon, Dario Amodei, the chief executive of Anthropic, published a 15,000-word manifesto describing a glorious AI future. Its title, “Machines of Loving Grace,” is borrowed from a Richard Brautigan poem, but as Amodei acknowledged, with some embarrassment, its utopian vision bears some resemblance to science...

Buyers are joining special purpose vehicles to get a piece of the hottest companies before they go public. Sometimes the funds don’t actually own any shares.  

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