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Anthropic's potential mega IPO joins ranks of world's biggest stock market listingsAnthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation ...
TSMC to invest up to $1 billion in Anthropic, OpenAITSMC is set to invest up to $1 billion in the AI landscape, directing $500 million each to Anthropic and OpenAI. As Anthropic prepares for ...
TSMC to invest up to $1 billion in Anthropic, OpenAIThe company is positioning itself to benefit not only from supplying AI infrastructure, but also from owning stakes in some of the industry...
Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraisingAnthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 ...
SoftBank posts $7 billion quarterly loss as AI investment risks mountSoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64....
Anthropic retracts details of $69 billion IPO filing sent to bankers. Why analysts are raising worries over valuationsAnthropic initially shared its IPO filing details but later retracted the information due to inaccuracies. The company aimed to sell approx...
Sarvam names Google Cloud India head Sashikumar Sreedharan as president & chief business officerSashikumar will additionally join Sarvam's board of directors. He will lead the company's business across enterprises and government, while...
OpenAI gets $11 billion funding at $1.25 trillion valuation: ReportOpenAI completed a substantial funding round, securing $11 billion to increase its valuation to $1.25 trillion. The funding was finalized a...
Should Anthropic delay its IPO? Stock market turmoil raises questions over $1.5 trillion valuation as AI spending slowsAnthropic IPO: Anthropic's planned November IPO is facing uncertainty as Wall Street's technology sell-off and slower corporate AI spending...
European stocks head for weekly losses amid global tech selloffEuropean shares tumbled as concerns over AI valuations, heavy technology spending and potential US restrictions on data-centre investments ...
$5 billion in 5 days! Why FIIs are suddenly shopping Indian stocks non-stop this DiwaliForeign institutional investors have poured nearly $5 billion into Indian equities in five trading sessions, marking a sharp reversal after...
Anthropic may need to cut IPO ambitions as investors balk: reportAnthropic may have to accept a lower valuation than the $1.5 trillion it had been targeting for its stock market debut, after a sharp tech ...
AI backlash could threaten Anthropic IPO timing, potential investors sayInvestors are pushing for a more attractive valuation to commit to the offering, with some viewing the recently discussed $1.5 trillion val...
Was Michael Burry right about the AI bubble? Wall Street loses $2 trillion as AI and chip stocks plunge: Why are Tesla, Palantir, AMD, Broadcom and SanDisk crashing?Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, Novemb...
Aswath Damodaran trims his Anthropic IPO valuation to $1.45 trillion; Dean of valuation explains whyValuation expert Aswath Damodaran has lowered Anthropic's estimated worth to $1.45 trillion, citing concerns over governance, regulatory hu...
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, SamsungPeak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures...
Anthropic revenue jumps 1,100% ahead of IPO as AI spending commitments near $900 billionAnthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI compan...