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US government plans to take a 10% stake in Intel | TechCrunch

US government plans to take a 10% stake in Intel | TechCrunch

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The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal.

Intel declined to comment.

The news comes during a pivotal — and recently volatile — time for Intel. CEO Lip-Bu Tan is currently restructuring the chipmaker, shuttering certain divisions and laying off workers in a bid to focus on its core businesses and catch up to rivals like Nvidia.

Earlier this month, Trump pushed Tan to resign because of perceived conflicts of interest. Tan later met with Trump to find out a way to assuage the president and figure out ways for the company and government to work together.

While speaking to the White House press pool, Trump acknowledged the resignation push.

“I said well if that’s right he should resign and he came in and he saw me we talked for a while. I liked him a lot,” Trump said, according to emailed comments from the press pool. “I thought he was very good. I thought he was somewhat a victim but you know nobody’s a total victim I guess, and I said, you know what, I think the United States should be given 10% of Intel. And he said, I would consider that. I said, well, I’d like you to do that because Intel’s been left behind as, you know, compared to Jensen. And some of our friends Nvidia.”

Trump continued, “I said I think it would be good having the United States as your partner. He agreed. And they’ve agreed to do it and I think it’s a great deal for them and I think it’s a great deal.” 

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Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy. Government equity stakes in private companies are extremely rare in the U.S. and highly controversial, with notable exceptions occurring during the 2008-2009 financial crisis when the government took temporary ownership stakes in companies like General Motors, AIG, and a few major banks to prevent economic collapse.

The government systematically sold those stakes back to private investors over the following several years.

The Intel deal, which is expected to be announced later Friday, comes days after the Japanese conglomerate SoftBank agreed to make a $2 billion investment in Intel. That deal was couched as a commitment to advanced technology and semiconductors in the U.S. Under that agreement, SoftBank agreed to buy Intel common stock at $23 per share. Intel shares were trading around $25 on Friday afternoon.

TechCrunch has reached out to the White House for comment.

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Watching Bluey, the beloved Australian cartoon show for kids, you might not think of Dropout, a streaming platform that revels in adult humor. But thanks to Game Changer‘s provocative Season 8 premiere episode, “Don’t Wake Standards and Practices,” Dropout CEO and host Sam Reich has revealed an incredible connection between the comedy streamer and the hit cartoon. 

To answer burning questions we had about Game Changer‘s “Don’t Wake Standards and Practices,” Mashable Entertainment Editor Kristy Puchko spoke with Reich about the ins and outs of the “legally spicy” episode. When asked about Lou Wilson’s Bluey rant — during which a parody of the adorable pup appeared onscreen — Reich revealed that he’d previously worked with Bluey creator Joe Brumm. 

“I don’t think that most people know this,” Reich said. “It’s the tiniest little diatribe, but we did an animated series really early on for Dropbox called What the Fuck 101, which was like a messed-up Magic School Bus.”

“At the time,” Reich explained, “The chief animator of that [show] was like, ‘I’m gonna have to pull double duty on this and another project that’s been green-lit, because it’s really personal to me.’ And so, simultaneously, this guy, Joe Brumm, was doing What the Fuck 101 and the first season of Bluey. And before that, he did a huge number of College Humor shorts. I mean, all over his resume, the biggest thing on his resume was College Humor before it was Bluey.” 

Reich clearly relished his time working with Brumm, both at College Humor and its spinoff streamer Dropout. And of Bluey, he said, “I’ve watched a fair amount of it. It’s fantastic. It’s so heartfelt and distinct and original, and it’s a work of art. And you would never guess the other things that Studio Joho was doing for us.”

WTF 101 is now streaming on Dropout. 

Bluey is now streaming on Disney+. 

#Bluey #unexpected #Dropout #connection #Game #Changer #shock">‘Bluey’ has an unexpected Dropout connection beyond the ‘Game Changer’ shock Watching Bluey, the beloved Australian cartoon show for kids, you might not think of Dropout, a streaming platform that revels in adult humor. But thanks to Game Changer‘s provocative Season 8 premiere episode, “Don’t Wake Standards and Practices,” Dropout CEO and host Sam Reich has revealed an incredible connection between the comedy streamer and the hit cartoon. To answer burning questions we had about Game Changer‘s “Don’t Wake Standards and Practices,” Mashable Entertainment Editor Kristy Puchko spoke with Reich about the ins and outs of the “legally spicy” episode. When asked about Lou Wilson’s Bluey rant — during which a parody of the adorable pup appeared onscreen — Reich revealed that he’d previously worked with Bluey creator Joe Brumm. “I don’t think that most people know this,” Reich said. “It’s the tiniest little diatribe, but we did an animated series really early on for Dropbox called What the Fuck 101, which was like a messed-up Magic School Bus.” Mashable Top Stories “At the time,” Reich explained, “The chief animator of that [show] was like, ‘I’m gonna have to pull double duty on this and another project that’s been green-lit, because it’s really personal to me.’ And so, simultaneously, this guy, Joe Brumm, was doing What the Fuck 101 and the first season of Bluey. And before that, he did a huge number of College Humor shorts. I mean, all over his resume, the biggest thing on his resume was College Humor before it was Bluey.” Reich clearly relished his time working with Brumm, both at College Humor and its spinoff streamer Dropout. And of Bluey, he said, “I’ve watched a fair amount of it. It’s fantastic. It’s so heartfelt and distinct and original, and it’s a work of art. And you would never guess the other things that Studio Joho was doing for us.”WTF 101 is now streaming on Dropout. Bluey is now streaming on Disney+.  #Bluey #unexpected #Dropout #connection #Game #Changer #shock

Bluey, the beloved Australian cartoon show for kids, you might not think of Dropout, a streaming platform that revels in adult humor. But thanks to Game Changer‘s provocative Season 8 premiere episode, “Don’t Wake Standards and Practices,” Dropout CEO and host Sam Reich has revealed an incredible connection between the comedy streamer and the hit cartoon. 

To answer burning questions we had about Game Changer‘s “Don’t Wake Standards and Practices,” Mashable Entertainment Editor Kristy Puchko spoke with Reich about the ins and outs of the “legally spicy” episode. When asked about Lou Wilson’s Bluey rant — during which a parody of the adorable pup appeared onscreen — Reich revealed that he’d previously worked with Bluey creator Joe Brumm. 

“I don’t think that most people know this,” Reich said. “It’s the tiniest little diatribe, but we did an animated series really early on for Dropbox called What the Fuck 101, which was like a messed-up Magic School Bus.”

“At the time,” Reich explained, “The chief animator of that [show] was like, ‘I’m gonna have to pull double duty on this and another project that’s been green-lit, because it’s really personal to me.’ And so, simultaneously, this guy, Joe Brumm, was doing What the Fuck 101 and the first season of Bluey. And before that, he did a huge number of College Humor shorts. I mean, all over his resume, the biggest thing on his resume was College Humor before it was Bluey.” 

Reich clearly relished his time working with Brumm, both at College Humor and its spinoff streamer Dropout. And of Bluey, he said, “I’ve watched a fair amount of it. It’s fantastic. It’s so heartfelt and distinct and original, and it’s a work of art. And you would never guess the other things that Studio Joho was doing for us.”

WTF 101 is now streaming on Dropout. 

Bluey is now streaming on Disney+. 

#Bluey #unexpected #Dropout #connection #Game #Changer #shock">‘Bluey’ has an unexpected Dropout connection beyond the ‘Game Changer’ shock

Watching Bluey, the beloved Australian cartoon show for kids, you might not think of Dropout, a streaming platform that revels in adult humor. But thanks to Game Changer‘s provocative Season 8 premiere episode, “Don’t Wake Standards and Practices,” Dropout CEO and host Sam Reich has revealed an incredible connection between the comedy streamer and the hit cartoon. 

To answer burning questions we had about Game Changer‘s “Don’t Wake Standards and Practices,” Mashable Entertainment Editor Kristy Puchko spoke with Reich about the ins and outs of the “legally spicy” episode. When asked about Lou Wilson’s Bluey rant — during which a parody of the adorable pup appeared onscreen — Reich revealed that he’d previously worked with Bluey creator Joe Brumm. 

“I don’t think that most people know this,” Reich said. “It’s the tiniest little diatribe, but we did an animated series really early on for Dropbox called What the Fuck 101, which was like a messed-up Magic School Bus.”

“At the time,” Reich explained, “The chief animator of that [show] was like, ‘I’m gonna have to pull double duty on this and another project that’s been green-lit, because it’s really personal to me.’ And so, simultaneously, this guy, Joe Brumm, was doing What the Fuck 101 and the first season of Bluey. And before that, he did a huge number of College Humor shorts. I mean, all over his resume, the biggest thing on his resume was College Humor before it was Bluey.” 

Reich clearly relished his time working with Brumm, both at College Humor and its spinoff streamer Dropout. And of Bluey, he said, “I’ve watched a fair amount of it. It’s fantastic. It’s so heartfelt and distinct and original, and it’s a work of art. And you would never guess the other things that Studio Joho was doing for us.”

WTF 101 is now streaming on Dropout. 

Bluey is now streaming on Disney+. 

#Bluey #unexpected #Dropout #connection #Game #Changer #shock

Volvo’s compact, quirky EX30 had a lot of problems when it was first released. Tariffs essentially erased its affordability, making it more expensive to own, and a battery recall made it dangerous to park indoors. But its discontinuation didn’t spell the end of Volvo’s efforts to sell more affordable electric models. In fact, the Swedish automaker is already at work on a new offering for the US market.

The news of an affordable Volvo EV for the US came during a media roundtable this week related to the US launch of the new EX60. Luis Rezende, president of Volvo Cars America, said that the decision to discontinue the EX30 was not solely about tariffs and profitability, noting that the company is preparing to introduce a new EV in 2027 that will occupy a similar role in the lineup — though not necessarily at exactly the same price point as the EX30.

“Very similar, I would say,” Rezende said about the mystery EV’s price comparison to the EX30. “It’s going to be an EV that will deliver a lot of good things in a bigger space, but it will be also fun to drive, I can promise you.”

Other than that, details were scarce. Volvo’s executives talked later about the desire to build a larger, family-oriented SUV at its factory in Charleston, South Carolina — though that vehicle will likely use a “multi-fuel” strategy rather than being exclusively electric from launch.

The EX60, which will start customer deliveries in the US this summer, is Volvo’s attempt at a reset in the US. The compact SUV, which is built on a different architecture than the EX30, will start at $59,795 for the entry-level P6 Plus version, and climbs up to $68,745 for the more powerful P10 AWD Ultra variant.

Volvo is the latest automaker to try, and stumble, in its efforts to build an affordable EV for the US market that is both desirable and profitable for the company. To date, few have pulled it off, as it requires a certain level of scale, vertical integration, and mastery of the supply chain that only companies in China seem to have really nailed down. Of course, Volvo is owned by China’s Geely, but the company’s desire to sell EVs in North America will necessitate a different approach to affordability.

Affordability was one of the EX30’s main selling points. When it was first announced in 2023, Volvo said the price would start at $34,950, positioning it as the smaller, less expensive EV that many people were clamoring for. But after the election of Donald Trump, Volvo was forced to delay the EX30’s arrival in the US until 2025, citing newly leveled tariffs against vehicles built in China. Eventually, the model that went on sale in the US started at $44,900, about $10,000 more than the original price.

Then, in February, further bad news as Volvo issued a recall for the EX30 because the vehicles’ batteries were at risk of overheating or catching on fire. The next month, Volvo pulled the plug on the vehicle in the US.

Correction May 18th: A previous version of this story stated that the EX60 is the only Volvo EV in the US. The EX90 is also available.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
#Volvo #teases #affordable #replace #discontinued #EX30Cars,Electric Cars,News,Transportation,Volvo">Volvo teases a new affordable EV to replace discontinued EX30Volvo’s compact, quirky EX30 had a lot of problems when it was first released. Tariffs essentially erased its affordability, making it more expensive to own, and a battery recall made it dangerous to park indoors. But its discontinuation didn’t spell the end of Volvo’s efforts to sell more affordable electric models. In fact, the Swedish automaker is already at work on a new offering for the US market.The news of an affordable Volvo EV for the US came during a media roundtable this week related to the US launch of the new EX60. Luis Rezende, president of Volvo Cars America, said that the decision to discontinue the EX30 was not solely about tariffs and profitability, noting that the company is preparing to introduce a new EV in 2027 that will occupy a similar role in the lineup — though not necessarily at exactly the same price point as the EX30.“Very similar, I would say,” Rezende said about the mystery EV’s price comparison to the EX30. “It’s going to be an EV that will deliver a lot of good things in a bigger space, but it will be also fun to drive, I can promise you.”Other than that, details were scarce. Volvo’s executives talked later about the desire to build a larger, family-oriented SUV at its factory in Charleston, South Carolina — though that vehicle will likely use a “multi-fuel” strategy rather than being exclusively electric from launch.The EX60, which will start customer deliveries in the US this summer, is Volvo’s attempt at a reset in the US. The compact SUV, which is built on a different architecture than the EX30, will start at ,795 for the entry-level P6 Plus version, and climbs up to ,745 for the more powerful P10 AWD Ultra variant.Volvo is the latest automaker to try, and stumble, in its efforts to build an affordable EV for the US market that is both desirable and profitable for the company. To date, few have pulled it off, as it requires a certain level of scale, vertical integration, and mastery of the supply chain that only companies in China seem to have really nailed down. Of course, Volvo is owned by China’s Geely, but the company’s desire to sell EVs in North America will necessitate a different approach to affordability.Affordability was one of the EX30’s main selling points. When it was first announced in 2023, Volvo said the price would start at ,950, positioning it as the smaller, less expensive EV that many people were clamoring for. But after the election of Donald Trump, Volvo was forced to delay the EX30’s arrival in the US until 2025, citing newly leveled tariffs against vehicles built in China. Eventually, the model that went on sale in the US started at ,900, about ,000 more than the original price.Then, in February, further bad news as Volvo issued a recall for the EX30 because the vehicles’ batteries were at risk of overheating or catching on fire. The next month, Volvo pulled the plug on the vehicle in the US.Correction May 18th: A previous version of this story stated that the EX60 is the only Volvo EV in the US. The EX90 is also available. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Andrew J. HawkinsCloseAndrew J. HawkinsPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Andrew J. HawkinsCarsCloseCarsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All CarsElectric CarsCloseElectric CarsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All Electric CarsNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsTransportationCloseTransportationPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TransportationVolvoCloseVolvoPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All Volvo#Volvo #teases #affordable #replace #discontinued #EX30Cars,Electric Cars,News,Transportation,Volvo

its discontinuation didn’t spell the end of Volvo’s efforts to sell more affordable electric models. In fact, the Swedish automaker is already at work on a new offering for the US market.

The news of an affordable Volvo EV for the US came during a media roundtable this week related to the US launch of the new EX60. Luis Rezende, president of Volvo Cars America, said that the decision to discontinue the EX30 was not solely about tariffs and profitability, noting that the company is preparing to introduce a new EV in 2027 that will occupy a similar role in the lineup — though not necessarily at exactly the same price point as the EX30.

“Very similar, I would say,” Rezende said about the mystery EV’s price comparison to the EX30. “It’s going to be an EV that will deliver a lot of good things in a bigger space, but it will be also fun to drive, I can promise you.”

Other than that, details were scarce. Volvo’s executives talked later about the desire to build a larger, family-oriented SUV at its factory in Charleston, South Carolina — though that vehicle will likely use a “multi-fuel” strategy rather than being exclusively electric from launch.

The EX60, which will start customer deliveries in the US this summer, is Volvo’s attempt at a reset in the US. The compact SUV, which is built on a different architecture than the EX30, will start at $59,795 for the entry-level P6 Plus version, and climbs up to $68,745 for the more powerful P10 AWD Ultra variant.

Volvo is the latest automaker to try, and stumble, in its efforts to build an affordable EV for the US market that is both desirable and profitable for the company. To date, few have pulled it off, as it requires a certain level of scale, vertical integration, and mastery of the supply chain that only companies in China seem to have really nailed down. Of course, Volvo is owned by China’s Geely, but the company’s desire to sell EVs in North America will necessitate a different approach to affordability.

Affordability was one of the EX30’s main selling points. When it was first announced in 2023, Volvo said the price would start at $34,950, positioning it as the smaller, less expensive EV that many people were clamoring for. But after the election of Donald Trump, Volvo was forced to delay the EX30’s arrival in the US until 2025, citing newly leveled tariffs against vehicles built in China. Eventually, the model that went on sale in the US started at $44,900, about $10,000 more than the original price.

Then, in February, further bad news as Volvo issued a recall for the EX30 because the vehicles’ batteries were at risk of overheating or catching on fire. The next month, Volvo pulled the plug on the vehicle in the US.

Correction May 18th: A previous version of this story stated that the EX60 is the only Volvo EV in the US. The EX90 is also available.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.

#Volvo #teases #affordable #replace #discontinued #EX30Cars,Electric Cars,News,Transportation,Volvo">Volvo teases a new affordable EV to replace discontinued EX30

Volvo’s compact, quirky EX30 had a lot of problems when it was first released. Tariffs essentially erased its affordability, making it more expensive to own, and a battery recall made it dangerous to park indoors. But its discontinuation didn’t spell the end of Volvo’s efforts to sell more affordable electric models. In fact, the Swedish automaker is already at work on a new offering for the US market.

The news of an affordable Volvo EV for the US came during a media roundtable this week related to the US launch of the new EX60. Luis Rezende, president of Volvo Cars America, said that the decision to discontinue the EX30 was not solely about tariffs and profitability, noting that the company is preparing to introduce a new EV in 2027 that will occupy a similar role in the lineup — though not necessarily at exactly the same price point as the EX30.

“Very similar, I would say,” Rezende said about the mystery EV’s price comparison to the EX30. “It’s going to be an EV that will deliver a lot of good things in a bigger space, but it will be also fun to drive, I can promise you.”

Other than that, details were scarce. Volvo’s executives talked later about the desire to build a larger, family-oriented SUV at its factory in Charleston, South Carolina — though that vehicle will likely use a “multi-fuel” strategy rather than being exclusively electric from launch.

The EX60, which will start customer deliveries in the US this summer, is Volvo’s attempt at a reset in the US. The compact SUV, which is built on a different architecture than the EX30, will start at $59,795 for the entry-level P6 Plus version, and climbs up to $68,745 for the more powerful P10 AWD Ultra variant.

Volvo is the latest automaker to try, and stumble, in its efforts to build an affordable EV for the US market that is both desirable and profitable for the company. To date, few have pulled it off, as it requires a certain level of scale, vertical integration, and mastery of the supply chain that only companies in China seem to have really nailed down. Of course, Volvo is owned by China’s Geely, but the company’s desire to sell EVs in North America will necessitate a different approach to affordability.

Affordability was one of the EX30’s main selling points. When it was first announced in 2023, Volvo said the price would start at $34,950, positioning it as the smaller, less expensive EV that many people were clamoring for. But after the election of Donald Trump, Volvo was forced to delay the EX30’s arrival in the US until 2025, citing newly leveled tariffs against vehicles built in China. Eventually, the model that went on sale in the US started at $44,900, about $10,000 more than the original price.

Then, in February, further bad news as Volvo issued a recall for the EX30 because the vehicles’ batteries were at risk of overheating or catching on fire. The next month, Volvo pulled the plug on the vehicle in the US.

Correction May 18th: A previous version of this story stated that the EX60 is the only Volvo EV in the US. The EX90 is also available.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
#Volvo #teases #affordable #replace #discontinued #EX30Cars,Electric Cars,News,Transportation,Volvo
Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software is widely used by rival AI labs, including OpenAI and Google.

Anthropic didn’t disclose terms of the deal. However, The Information reported last week that Anthropic was in talks to acquire Stainless, which is backed by Sequoia Capital and Andreessen Horowitz, for more than $300 million.

The acquisition will take a key infrastructure supplier out of the hands of Anthropic’s competitors. The company told TechCrunch it will wind down all hosted Stainless products, including its SDK generator. An Anthropic spokesperson said Stainless customers will still own the SDKs they’ve generated to date, and have full rights to modify and extend them however they wish.

The New York-based startup, founded in 2022, rose to prominence in the emerging AI industry for automating the creation and maintenance of software development kits, or SDKs — the libraries developers use to interact with APIs.

Rattray developed software that could take API specifications and turn them into production-ready SDKs across multiple programming languages, including Python, TypeScript, Kotlin, Go, and Java. It became a popular tool because the platform automatically updates the SDKs as APIs change and eliminated the time-consuming process of manually maintaining them.

The technology is particularly valuable to companies like Anthropic, OpenAI, Google, Replicate, Runway, and Cloudflare that are building AI agents that can connect to external software and complete tasks on behalf of users. Stainless’s SDK tools are an easy way to build and maintain those connections — but going forward, the tools will only be available to Anthropic, not its competitors.

According to Anthropic, Stainless software has powered the generation of every official Anthropic SDK since the earliest days of its API.

“I started Stainless because SDKs deserve as much care as the APIs they wrap,” Rattray said in a press release posted Monday. “Anthropic was one of the first teams to bet on this with us. We have been watching what developers have built on Claude over the last few years, which made bringing our teams together an easy decision. The team gets to keep doing the work we love, on the platform where it matters most.”

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Anthropic #acquired #dev #tools #startup #OpenAI #Google #Cloudflare #TechCrunchAnthropic,Stainless">Anthropic has acquired the dev tools startup used by OpenAI, Google, and Cloudflare | TechCrunch Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software is widely used by rival AI labs, including OpenAI and Google. Anthropic didn’t disclose terms of the deal. However, The Information reported last week that Anthropic was in talks to acquire Stainless, which is backed by Sequoia Capital and Andreessen Horowitz, for more than 0 million. The acquisition will take a key infrastructure supplier out of the hands of Anthropic’s competitors. The company told TechCrunch it will wind down all hosted Stainless products, including its SDK generator. An Anthropic spokesperson said Stainless customers will still own the SDKs they’ve generated to date, and have full rights to modify and extend them however they wish. The New York-based startup, founded in 2022, rose to prominence in the emerging AI industry for automating the creation and maintenance of software development kits, or SDKs — the libraries developers use to interact with APIs. Rattray developed software that could take API specifications and turn them into production-ready SDKs across multiple programming languages, including Python, TypeScript, Kotlin, Go, and Java. It became a popular tool because the platform automatically updates the SDKs as APIs change and eliminated the time-consuming process of manually maintaining them. The technology is particularly valuable to companies like Anthropic, OpenAI, Google, Replicate, Runway, and Cloudflare that are building AI agents that can connect to external software and complete tasks on behalf of users. Stainless’s SDK tools are an easy way to build and maintain those connections — but going forward, the tools will only be available to Anthropic, not its competitors. According to Anthropic, Stainless software has powered the generation of every official Anthropic SDK since the earliest days of its API. “I started Stainless because SDKs deserve as much care as the APIs they wrap,” Rattray said in a press release posted Monday. “Anthropic was one of the first teams to bet on this with us. We have been watching what developers have built on Claude over the last few years, which made bringing our teams together an easy decision. The team gets to keep doing the work we love, on the platform where it matters most.” When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Anthropic #acquired #dev #tools #startup #OpenAI #Google #Cloudflare #TechCrunchAnthropic,Stainless

reported last week that Anthropic was in talks to acquire Stainless, which is backed by Sequoia Capital and Andreessen Horowitz, for more than $300 million.

The acquisition will take a key infrastructure supplier out of the hands of Anthropic’s competitors. The company told TechCrunch it will wind down all hosted Stainless products, including its SDK generator. An Anthropic spokesperson said Stainless customers will still own the SDKs they’ve generated to date, and have full rights to modify and extend them however they wish.

The New York-based startup, founded in 2022, rose to prominence in the emerging AI industry for automating the creation and maintenance of software development kits, or SDKs — the libraries developers use to interact with APIs.

Rattray developed software that could take API specifications and turn them into production-ready SDKs across multiple programming languages, including Python, TypeScript, Kotlin, Go, and Java. It became a popular tool because the platform automatically updates the SDKs as APIs change and eliminated the time-consuming process of manually maintaining them.

The technology is particularly valuable to companies like Anthropic, OpenAI, Google, Replicate, Runway, and Cloudflare that are building AI agents that can connect to external software and complete tasks on behalf of users. Stainless’s SDK tools are an easy way to build and maintain those connections — but going forward, the tools will only be available to Anthropic, not its competitors.

According to Anthropic, Stainless software has powered the generation of every official Anthropic SDK since the earliest days of its API.

“I started Stainless because SDKs deserve as much care as the APIs they wrap,” Rattray said in a press release posted Monday. “Anthropic was one of the first teams to bet on this with us. We have been watching what developers have built on Claude over the last few years, which made bringing our teams together an easy decision. The team gets to keep doing the work we love, on the platform where it matters most.”

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Anthropic #acquired #dev #tools #startup #OpenAI #Google #Cloudflare #TechCrunchAnthropic,Stainless">Anthropic has acquired the dev tools startup used by OpenAI, Google, and Cloudflare | TechCrunch

Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software is widely used by rival AI labs, including OpenAI and Google.

Anthropic didn’t disclose terms of the deal. However, The Information reported last week that Anthropic was in talks to acquire Stainless, which is backed by Sequoia Capital and Andreessen Horowitz, for more than $300 million.

The acquisition will take a key infrastructure supplier out of the hands of Anthropic’s competitors. The company told TechCrunch it will wind down all hosted Stainless products, including its SDK generator. An Anthropic spokesperson said Stainless customers will still own the SDKs they’ve generated to date, and have full rights to modify and extend them however they wish.

The New York-based startup, founded in 2022, rose to prominence in the emerging AI industry for automating the creation and maintenance of software development kits, or SDKs — the libraries developers use to interact with APIs.

Rattray developed software that could take API specifications and turn them into production-ready SDKs across multiple programming languages, including Python, TypeScript, Kotlin, Go, and Java. It became a popular tool because the platform automatically updates the SDKs as APIs change and eliminated the time-consuming process of manually maintaining them.

The technology is particularly valuable to companies like Anthropic, OpenAI, Google, Replicate, Runway, and Cloudflare that are building AI agents that can connect to external software and complete tasks on behalf of users. Stainless’s SDK tools are an easy way to build and maintain those connections — but going forward, the tools will only be available to Anthropic, not its competitors.

According to Anthropic, Stainless software has powered the generation of every official Anthropic SDK since the earliest days of its API.

“I started Stainless because SDKs deserve as much care as the APIs they wrap,” Rattray said in a press release posted Monday. “Anthropic was one of the first teams to bet on this with us. We have been watching what developers have built on Claude over the last few years, which made bringing our teams together an easy decision. The team gets to keep doing the work we love, on the platform where it matters most.”

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Anthropic #acquired #dev #tools #startup #OpenAI #Google #Cloudflare #TechCrunchAnthropic,Stainless

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