Silicon Valley stories

Jul 21, 2026

Anthropic donates $20 million to lobbying group supporting AI regulation

Anthropic announced it will donate $20 million to a U.S. political lobbying organization that supports AI regulation, doubling its midterm election spending to $40 million total as Silicon Valley factions clash over AI policy.

Jul 21, 20263 sources

May 23, 2026

Fenwick & West Agrees to Pay $54 Million to Settle FTX Customer Fraud Claims

Silicon Valley law firm Fenwick & West entered into a $54 million preliminary settlement to resolve customer lawsuits related to its role advising the defunct crypto exchange FTX.

May 23, 20262 sources