Anthropic, backed my mighty Amazon, is moving towards what may be one of the biggest tech IPOs ever. Benzinga.com reports that the company has engaged powerhouse law firm Wilson Sonsini as it aims to set the valuation of the AI company at over $300 billion. The maker of the Claude large language model may be going public in 2026 at this rate. Rival Open AI, the makers of ChatGPT is also quietly preparing for an IPO, but no timeline has been indicated for them to go public. 

We all see them….some scammy ads on Facebook. Why does Meta allow them to continue? Money, that’s why. According to mashable.com, Meta is bringing in about $7 billion a year on scammy ads. There have been ads for an alleged AI photo editor that turned out to be malware when you downloaded it for example. Reuters did an investigation and found there were an estimated 15 billion ‘higher risk’ scam ads presented to users on Meta platforms eery day. An internal document seen by Reuters showed that around 10% of Meta’s ad revenue in 2024  “would come from ads for scams and banned goods.” According to the report from Reuters, Meta “only bans advertisers if its automated systems predict the marketers are at least 95% certain to be committing fraud” — while other likely scammers simply get charged a higher rate as punishment. Caveat emptor…let the buyer beware!

Some luxury and super car makers have limited top speeds for years…although those limits might be anywhere from 135 to 200 mph. Now state lawmakers in Wisconsin are looking at passing a law that would make some drivers install speed-limiting devices on their cars. Bgr.com notes that the bill would be aimed at people who have had at least two reckless driving convictions during a 5 year time span. The limiters would restrict the speed to no more than 20 mph above the posted speed limit. Wisconsin is #5 among states for speed related incidents. The limiter device would cost about $1700. They are including assistance in the bill for people who would be at a real hardship to afford the gadget.  

India has backed off a mandate to make smartphone makers pre-install a government app on phones. Bgr.com reports that there were concerns…even from lawmakers there…that the mandate would expand government access to users’ devices and weaken privacy protections. The anti-theft and cybersecurity protection app will remain voluntary. 

I’m Clark Reid and you’re ‘Technified’ for now.