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Naver plans to complete the process of launching the new entity, Naver Ventures, later this month in Silicon Valley, the company said in a press release.

Now in its third year, AI on the Lot in Culver City has seen the industry move from fearful observer to active participant.

Reed Hastings, the former CEO and current chairman of streaming giant Netflix, has been appointed to the board of directors of AI startup Anthropic, the company said in a blog post on Wednesday.

"Anthropic is very optimistic about the AI benefits for humanity ... CEO of Mountain View-based data streaming firm Confluent. Hastings served as CEO or co-CEO of Netflix for 25 years until 2023. He ...

Hastings—who departed Netflix as co-CEO in 2023 and chairman earlier this year—is joining the board of major AI firm Anthropic, per The Hollywood Reporter. “The Long Term Benefit Trust ...

Hastings, who co-founded Netflix in 1997 and served as CEO (and eventually co-CEO ... "Anthropic is very optimistic about the AI benefits for humanity, but is also very aware of the economic ...