Anthropic’s Trillion-Dollar IPO Ambitions Face a Defensibility Test
Anthropic is preparing for what could be one of the largest technology IPOs on record, but its race with Alibaba’s cloud unit is raising a question that bankers and investors…
Nvidia and Firmus Sign AI Access Agreement
Nvidia has signed an agreement with Firmus Technologies, an Australian data-center developer it has invested in, giving the company priority access to its newest artificial-intelligence chips as Firmus expands cloud…
Qualcomm Bets on 250-Core Server Chip in Nvidia Challenge
Qualcomm is preparing a data-center chip with 250 cores aimed at the fast-growing market for AI inference, according to a Fortune report, a move that pits the mobile chip maker…
SpaceX Joins Nasdaq-100 in Fast-Track Move
The Nasdaq exchange announced Friday that SpaceX will join the Nasdaq-100 index, a fast-track addition that will force index-tracking funds to buy billions of dollars of the rocket company’s stock…
Qualcomm’s AI Chip Wins Microsoft and Meta as Customers
Qualcomm’s stock has held near recent highs as investors digest the company’s announcement that Microsoft and Meta will adopt its latest AI chip, a deal that positions the mobile-chip maker…
Nvidia Shares Slip Below $200 as Competition Fears Spread
Nvidia’s stock has fallen below the $200 mark, according to a Barron’s report from earlier this week, as investors weigh a competitive picture that has grown more crowded than at…
General Intuition Raises $320 Million to Train AI Agents in Video Games
General Intuition said Thursday it has raised $320 million at a valuation of $2.3 billion, a vote of confidence in its unusual thesis: that video games, not real-world data, are…
Patronus AI Raises $50 Million to Stress-Test AI Agents
Patronus AI said Thursday it has closed a $50 million Series B round, money the startup will use to build simulated digital worlds where AI agents can be pushed to…
Microsoft Shares Slip as AI Spending Pressures Cloud Margins
Microsoft’s stock fell again Thursday, extending a slide driven by investor unease over the company’s record spending on artificial intelligence infrastructure and what it means for the profitability of its…
SpaceX Stock Falls Below IPO Price, Erasing $60 Billion in Two Weeks
Less than two weeks after the largest initial public offering in history, SpaceX’s stock has fallen below its $445 offering price, a swift reversal of the euphoria that greeted the…
