The Daily Chase: Ford deal ratified; Tentative deal for Hollywood writers
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Here are the top stories you need to know this morning.
Writers reach tentative deal with studios: Shares of Disney, Netflix and Paramount Global will be stocks to watch today, after screenwriters reached a tentative labour deal with Hollywood studios. The agreement, which still has to be ratified by members, could now shift the focus to reaching a deal with striking actors.
Amazon to invest as much as US$4B for AI startup: Amazon has agreed to invest up to US$4 billion in the AI startup Anthropic, which was founded about two years. In an effort to keep pace with rivals like Microsoft and Google’s parent company Alphabet in the push into generative artificial intelligence, the e-commerce giant will drop an initial investment of $1.25-billion into Anthropic and take a minority stake. Generative AI includes technology like OpenAI’s ChatGPT, as well as Anthropic’s Claude chatbots.
Other notable stories:
