Good evening!

Another day, another update on Anthropic.

Here are the 7 things you missed today:

OpenAI plans to implement parental controls “within the next month,” as a response to an ongoing concern from parents that chatbots like ChatGPT have contributed to teenagers’ dangerous actions like self-harm over the years. The new features will include an option for adults to link their accounts to their teenager’s account, manage how the LLM responds to teen users, disable features like memory and chat history, and enable notifications when the chat detects a “moment of acute distress” while in use. OpenAI ensured in a blog post that this was only the beginning, and that they plan on rolling out more safety features as they strengthen their approach. (CNN) 

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Athleisure retailer Lululemon took a major stock hit after the company announced a much worse-than-expected full-year outlook. While the company topped quarter two earnings estimates, it missed revenue expectations, causing its stock to plunge 20% in extended trading. Lululemon predicts that the end of the de minimis exemption is one of the driving factors behind the decline. (CNBC)

Leading startup Anthropic agreed to settle a class-action lawsuit with a group of authors and publishers for at least $1.5 billion, making it the largest copyright payout in history. While a judge previously ruled that Anthropic’s AI training with copyrighted books was “fair use” because it turned the books into something new, he also determined that Anthropic was taking this material from pirated websites rather than paying the authors directly. Anthropic proposed doling out $3,000 per book to about 500,000 authors. Luckily, they have a little money in their back pocket from that $13 billion they just raised. (Entrepreneur)

Over 17 million people spanning more than 230 countries tuned in to YouTube to watch the Kansas City Chiefs and the Los Angeles Chargers game on Sunday. Not only was this the video platform’s first global broadcast of an NFL game, but it also broke a record for the company as the most-viewed livestream to date. The exclusive broadcast is part of YouTube’s expanded partnership with the NFL, a deal aimed at attracting more ad revenue. (TechCrunch)

Y Combinator-backed startup Motion raised a five-times oversubscribed $38 million Series C, bringing its valuation to $550 million post-money. In just four months since launching its integrated AI agent bundle, Motion has amassed 10,000 B2B customers and $10 million ARR. Founder Harry Qi envisions Motion as the agentic equivalent of Microsoft Office for SMBs: an all-in-one AI suite that replaces fragmented point solutions. (TechCrunch)

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