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Prediction markets see heavy betting on Anthropic IPO as traders wager on valuation and listing venuePrediction markets are actively trading Anthropic contracts following the company's IPO filing earlier this week. Traders are making binary...- AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
- AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
- Anthropic's record IPO faces some big questionsNo startup has ever grown so fast. Investors have already grown nervous.
- Anthropic IPO: Here are some of the key people of Indian origin behind the AI giantAs the artificial intelligence company prepares for the next phase in its journey, let’s take a look at several top people in the organisat...
- Microsoft needs 'fewer people, more AI agents' to keep up with OpenAI, Anthropic, says ex-employee as 60,000 get buyout offerFormer Microsoft Entra product manager Merill Fernando says the tech giant needs fewer employees and more AI agents to keep pace with OpenA...
- Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
- Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI pushRecent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technolo...
- Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-dri...
- Oracle may extend US staff separation scheme to IndiaOracle’s India workforce has been shrinking over the past six months, with engineering departures running at roughly five times the pace of...
- Microsoft offers exit packages to India staff amid $20.5 billion AI pushWhile the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 empl...
- Microsoft buyouts: MSFT stock price jumps but why is tech giant offering massive 'voluntary exit' package for 60,000 employees, including VP level? Check which countries workforce impactedMicrosoft, Amazon, Alphabet and Meta are collectively on track to pour roughly $700 billion into AI data centers, chips and computing infra...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Anthropic's top investors include Amazon, Google, Fidelity ManagementAnthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuatio...
- Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
- Global PE giant L Catterton invests in Glance as AI reshapes shoppingL Catterton, which manages about $40 billion in equity capital, said the deal reflects its research into how AI is reshaping product discov...
- US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
- Nvidia boss criticises 'cheap' AI doomsday warningsAt a recent conference in Berlin, Nvidia's CEO Jensen Huang confronted fears surrounding artificial intelligence that could threaten humani...
- Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
- Super Micro climbs after upbeat forecast shows robust AI demandSuper Micro Computer's stock has surged significantly following their announcement of impressive revenue forecasts that have surpassed anal...
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