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ANTHROPIC DEBT DEAL
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...- Apollo, Blackstone work on $36 billion debt deal for Anthropic: ReportThe debt would be used to buy custom chips from Google. Anthropic would then lease these chips, known as tensor processing units, or TPUs,...
- Confidant Claude: Anthropic says 6% of users turn to its AI chatbot for personal adviceAI firm Anthropic studied user interactions with its chatbot Claude. About six percent of users sought personal guidance. Health, career, r...
- Global Market Today: US stock futures gain on tech earnings; Asian shares fallUS equity futures rose, driven by tech giants and AI trade, while oil prices surged amid escalating Iran war uncertainty. The Federal Reser...
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
- TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
- Falling trust in America is a Pandora’s box for the global economyThe TACO trade, a bet on Trump backing down from market-rattling actions, seems outdated as his Iran war and global policy shifts create un...
- IT mojo returns pre-Q4 results; Flipkart's AI sprintIT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
- Rupee slide boosts IT; Gupshup’s valuation markdownThe rupee’s sharp slide could give IT firms a surprise Q4 bump. This and more in today’s ETtech Top 5.
- Billdesk, Upgrad acquisitions; Anthropic's advances: an opportunityHappy Thursday! Billdesk is set to acquire Worldline's India business, while Upgrad has bought a majority stake in Internshala. This and mo...
- Dow Jones eyes record high after sharp sell-off: why Dow jumped over 400 points — S&P 500 and Nasdaq also climbedDow Jones surged 417 points to 49,222 on Tuesday. That is a 0.86% jump. The move puts the Dow Jones Industrial Average near record highs af...
- IBM shares sink 13%, record steepest drop in 25 years after Anthropic says AI can modernise COBOLShares of IBM plunged 13.2% Monday, marking their steepest single-day drop in over 25 years, after AI startup Anthropic said its Claude Cod...
- Major VCs line up top dollars for coordinated AI capital push in IndiaTop venture capital firms in India are set to invest $300–500 million each into the country’s AI ecosystem, covering infrastructure, enterp...
- SpaceX merger provides lifeline for Elon Musk’s debt-ridden AI startupThe company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded ri...
- Oracle shares fall over 50% as AI spending and OpenAI deals worry investorOracle shares fell over 50% from last year’s high as investors worry about AI spending and links to OpenAI. Rising costs for AI data center...
- US market close: Stocks fall as tech slumps and bitcoin drops below $90,000; Dow sheds nearly 500 points, S&P logs longest losing streak since AugustUS stocks fell on Tuesday as tech shares dropped and Bitcoin went below $90,000. The Dow lost nearly 500 points, and the S&P 500 continued ...
- Inside Google's investment in the AI startup AnthropicCourt documents recently obtained by The New York Times reveal Google's stake in one of those startups, Anthropic, as well as how its inves...
- Dunzo may get fresh funds but at a price; Amazon’s $4-billion AI betTroubled quick commerce startup Dunzo may finally find some relief, but conditions will apply. The startup could soon close a funding round...
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