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AMD to invest up to $5B in Anthropic; AI startup to buy up to 2 GW of chips
AMD will invest up to $5 billion in AI startup Anthropic, which will buy up to 2 gigawatts of AMD's latest AI chips starting in 2027.
Meta, Anthropic in talks for potential $10B compute lease deal, NYT reports
Meta Platforms is in talks to lease computing power to Anthropic in a potential $10 billion deal, aiming to expand its cloud computing business.
IBM warns AI boom is squeezing software budgets; shares sink in sector rout
IBM warns that ai infrastructure spending is cutting into software budgets, forecasting weaker revenue growth and causing shares to fall sharply.
Microsoft launches firm to help companies adopt AI with $2.5B
Microsoft launches Microsoft Frontier Company with $2.5 billion funding to help businesses select and integrate AI technologies tailored to their needs.
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has proposed giving the U.S. government a 5% stake to address regulatory concerns and public backlash over ai technology and its economic impact.
Cyber leaders urge US to lift curbs on Anthropic’s security models
Cybersecurity leaders including Nvidia and Adobe urge the US to lift restrictions on Anthropic's AI models, citing national security and cybersecurity risks.
SpaceX trading to kick off after record IPO, with hopes for first-day surge
SpaceX begins trading on Nasdaq after a record $75 billion IPO, marking the largest U.S. debut and valuing the company at $1.77 trillion.
OpenAI expects to go public ‘within the next year,’ the Information reports
OpenAI expects to go public within the next year after confidentially filing for a U.S. IPO, targeting a valuation up to $1 trillion.
OpenAI files for US IPO after Anthropic as AI giants head to public markets
OpenAI confidentially filed for a U.S. IPO targeting up to a $1 trillion valuation amid growing competition from Anthropic and SpaceX in the AI sector.
SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO
SpaceX has signed a multi-year $920 million cloud services deal with Google to provide AI compute capacity as it prepares for its IPO.
Anthropic urges AI labs to pause development, warns humans risk losing control
Anthropic calls for a coordinated pause in AI development to manage risks of recursive self-improvement and loss of human control.
OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing
OpenAI is preparing to confidentially file for a U.S. IPO soon, aiming for a September debut as competition and SpaceX's filing loom.
