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Anthropic Sues DoD for Blacklisting the Company

AI company Anthropic has taken legal action against the U.S. Defense Department, accusing the government of unlawfully labeling the firm a national security “supply chain risk.” The lawsuits, filed Monday in federal courts, mark the latest development in a prolonged dispute between the company and defense officials over how the military can use its advanced AI systems.  The company submitted two separate complaints, one … Continue reading “Anthropic Sues DoD for Blacklisting the Company”

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AINewsBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $9.65 Million Registered Direct Offering 

Cyngn (NASDAQ: CYN) announced the closing of its previously announced registered direct offering, raising approximately $9.65 million in gross proceeds through the sale of 5,000,000 shares of common stock and pre-funded warrants at $1.93 per share, with the majority of the offering purchased by a single institutional investor. The transaction was priced at the market under Nasdaq rules and closed on … Continue reading “AINewsBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $9.65 Million Registered Direct Offering “

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