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30 May 2026

Anthropic is nearly worth a trillion

The Hallucination HQ

AI news that's actually fun to read — 2026-05-30

Today's Hallucination HQ

CLAUDE POLITELY OVERTOOK CHATGPT AND APOLOGISED FOR THE INCONVENIENCE.

Anthropic Is Now Worth Almost a Trillion Dollars, Which Is Fine, Totally Fine

Anthropic has raised $65 billion from investors, pushing its valuation to $965 billion — a number so large it requires a brief sit-down. That puts the maker of Claude comfortably ahead of OpenAI in the valuation stakes, which must be an awkward conversation at industry dinners. An IPO is expected to follow, presumably once someone finds a stock exchange big enough to host it. Source: Al Jazeera


The Executives Most Confident AI Can Do Your Job Have Never Done Your Job

Box founder Aaron Levie has coined "AI psychosis" — his term for leaders who've become so dazzled by AI demos that they've lost contact with workplace reality. The diagnosis fits: the people least likely to understand what a job actually involves are, statistically, the ones holding the budget meetings. ClickUp recently cut 22% of its staff to make room for AI agents, which is rather like firing your kitchen staff because you've watched a lot of cooking videos. Source: TechCrunch


Free Housecleaning. One Small Condition: Robots Will Watch

Startup Shift is offering to clean your home for free. The arrangement, which sounds generous until you read the next clause, involves recording cleaners in action throughout your house to generate training data for future domestic robots. Your skirting boards get dusted; Shift gets a library of human labour it can eventually automate. Everyone wins, in the loosest possible sense of the word "everyone." Source: The Verge


South Korean Startup Says the Real Problem With AI Is That It Keeps Forgetting Things

XCENA has raised $135 million on a fairly heretical premise: that AI's true bottleneck isn't processing power, it's memory. The South Korean chip startup, now valued at $570 million, argues that even the fastest AI systems spend most of their time waiting on memory — like a Formula 1 car perpetually stuck behind a lorry. If they're right, the entire industry has been tuning the wrong engine. Source: TechCrunch


The Pope Has Written an AI Encyclical and, Remarkably, It Makes Several Good Points

Pope Leo XIV's new encyclical Magnifica Humanitas has entered the AI discourse with the quietly devastating line: "Technology is never neutral." MIT Technology Review argues the document deserves genuine attention from technologists and policymakers — not because it offers technical solutions, but because it asks the questions most Silicon Valley roadmaps skip entirely. When the Vatican is providing clearer ethical framing than your average AI strategy deck, it may be worth a moment's reflection. Source: MIT Technology Review

As always, stay curious, stay sceptical, and maybe don't let a robot watch you hoover.

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