Why Greylock capped its new fund at $1.5B when it says it could have raised more
By keeping the number of investments to about 25 per fund, Greylock aims to remain what it calls "the most important partner" to its founders.

AI chatbots are notorious for hallucinating, but what about the companies behind those Large Language Models like Anthropic? One Korean software developer could add to that, given he just faced a soul-crushing experience where he was billed a ludicrous $16.6 million for using its Claude API. The horrifying part about this ordeal was that it wasn’t a sophisticated phishing attempt or an elaborate scam; the source was a verified Anthropic billing domain. What’s even more perplexing is that the developer’s dashboard stated that there were zero incurred bills, and yet, the developer was charged a mammoth sum. The billing history […]
Read full article at https://wccftech.com/anthropic-billing-glitch-charges-software-developer-16-6-million/


