Adobe Express makes it quick and easy to create everything I need for my business, from social posts,

TikToks and flyers, all in just a few clicks. Get Adobe Express for free. Search for Adobe Express to find out more.

Here's your TNB Tech Minute for Monday, February 24th. I'm Julie Chang for the Wall Street Journal.

Apple says it plans to spend more than $500 billion over the next four years to expand manufacturing in the U.S.

That money will be spent on a mixture of new and existing initiatives. Today's announcement includes a new factory in Houston that will support

Apple Intelligence, the company's generative artificial intelligence system. The company also said

it plans to hire around 20,000 people over the next four years. Apple's announcement comes as

tech companies are working to strengthen relations with President Trump, who is talking up tariffs

and other policies

that could have major effects on the industry. Trump placed an additional 10% levy on goods

from China earlier this month. We exclusively report that AI startup Anthropic is finalizing a

$3.5 billion funding round that values the startup at $61.5 billion.

Anthropic is the startup behind the chatbot Claude. It was founded by former OpenAI employees

and is considered one of the few AI startups with enough talent and funding to compete with

Open AI. Anthropic was previously valued at $18 billion. The $61.5 billion valuation

includes the cash the startup is raising. And Elizabeth Holmes has lost her bid to overturn her

conviction. Holmes founded the defunct blood testing technology startup Theranos. She was convicted

of four counts of defrauding investors

in early 2022. Holmes had sought to reverse her guilty verdict and is currently serving an 11-year

prison sentence. She can now either petition for another review of her case with more judges from

the appeals court or try to petition the Supreme Court directly. For a deeper dive into what's

happening in tech, check out tomorrow's Tech News Briefing podcast.

...