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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 ...
- Anthropic plans to raise $64 billion through IPO, as per latest draft prospectusAnthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fund...
- Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a C...
- US stock market stages massive rally today, adds $1.5 trillion: 5 reasons why Dow Jones, S&P 500 and Nasdaq surge as AMD and Tesla jump while Nvidia sinksUS stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered fro...
- Nvidia scandal: The AI arms race puts human spies back into the gameThe Nvidia controversy involving CEO Jensen Huang and a woman suspected by US intelligence of having links to Beijing has renewed concerns ...
- Nomura silences AI doubters, says Kospi can hit 10,000 mark to double as fundamentals are intactSouth Korea's Kospi plunged to a nine-month low amid fears that US political shifts could slow AI infrastructure spending and hurt chip dem...
- AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
- Big tech, green groups in talks over data center guardrailsThe "Responsible Data Center Collaborative" counts Google, Meta, Microsoft, Oracle, Amazon, Nvidia and Anthropic among its members, alongsi...
- Google loses nearly half a trillion in market value: What went wrong with Alphabet?Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% ...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to followIn a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a p...
- Google's Nvidia chip challenge boosts cloud sales, crimps cash flowThe trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
- Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
- US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
- OpenAI plans to buy Google's AI chipsOpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...
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