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AMD challenges Nvidia with massive Anthropic deal, though shares dip pre-market

Wed, 22 Jul 2026 08:45:57 -0400

Investing.com -- In a major move aimed at loosening Nvidia’s stranglehold on the AI chip market, Advanced Micro Devices has sealed a blockbuster deal with Anthropic worth tens of billions of dollars for next-generation artificial intelligence servers.

The agreement—first reported by The Wall Street Journal—briefly gave Wall Street an early spark. Shares of AMD spiked in pre-market trading on the news before quickly surrendering those gains, trading down 3% as a broader tech slump continues to weigh on chipmakers heading into the opening bell.

Despite the muted early stock reaction, the multi-year deal marks

AMD challenges Nvidia with massive Anthropic deal, though shares dip pre-market

Wed, 22 Jul 2026 08:45:57 -0400

Despite the muted early stock reaction, the multi-year deal marks

AMD challenges Nvidia with massive Anthropic deal, though shares dip pre-market

Wed, 22 Jul 2026 08:45:57 -0400

Despite the muted early stock reaction, the multi-year deal marks

AMD challenges Nvidia with massive Anthropic deal, though shares dip pre-market

Wed, 22 Jul 2026 08:45:57 -0400

Despite the muted early stock reaction, the multi-year deal marks

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

Meta Platforms (NASDAQ:META) recovered from a steep 5.7% dip, paring losses to 3% after a New York Times report revealed the tech giant is in early-stage talks to lease its vast AI data centers to Anthropic in a blockbuster $10 billion deal.

According to the report, Anthropic proposed the deal in June, which would involve the AI startup paying Meta in monthly increments over a two-year period for access to its AI data centers. Both companies would have the option to exit the agreement early.

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

OpenAI poised for a banner year, Altman says, after "subpar" stretch

Thu, 16 Jul 2026 16:17:28 -0400

In a rare moment of public self-reflection, OpenAI CEO Sam Altman has admitted that the artificial intelligence juggernaut stumbled over the past year—and he is putting the blame squarely on himself.

Taking to X on Thursday, Altman issued a frank mea culpa for a 12-month stretch he described as falling short of the company’s high standards. But the apology was immediately followed by a bold prediction: OpenAI is gearing up for the strongest, most transformative year in its history, driven by a renewed focus on user empowerment and a philosophical rejection of heavy-handed AI guardrails.

Altman did not

OpenAI poised for a banner year, Altman says, after "subpar" stretch

Thu, 16 Jul 2026 16:17:28 -0400

Altman did not

OpenAI poised for a banner year, Altman says, after "subpar" stretch

Thu, 16 Jul 2026 16:17:28 -0400

Altman did not

OpenAI poised for a banner year, Altman says, after "subpar" stretch

Thu, 16 Jul 2026 16:17:28 -0400

Altman did not

Anthropic starts IPO investor meetings, CNBC reports

Wed, 15 Jul 2026 14:03:02 -0400

Investing.com -- Anthropic is arranging meetings with investors as it prepares for a possible initial public offering later this year, according to a CNBC report Wednesday.

Bankers managing the offering are scheduling meetings between potential investors and executives of the artificial intelligence company, which develops the Claude models, the report said.

The meetings indicate that Anthropic's IPO preparations are moving forward as bankers assess investor interest before a formal roadshow and share sale. The company filed its IPO prospectus confidentially with the Securities and Exchange Commission last month but has not announced a debut date.

The AI startup could go public as soon

Anthropic starts IPO investor meetings, CNBC reports

Wed, 15 Jul 2026 14:03:02 -0400

Investing.com -- Anthropic is arranging meetings with investors as it prepares for a possible initial public offering later this year, according to a CNBC report Wednesday.

Bankers managing the offering are scheduling meetings between potential investors and executives of the artificial intelligence company, which develops the Claude models, the report said.

The AI startup could go public as soon

Anthropic plans high-stakes investor meetings ahead of potential October IPO

Wed, 15 Jul 2026 12:13:41 -0400

Investing.com -- Artificial intelligence heavyweight Anthropic PBC is officially laying the groundwork for what could be the most highly anticipated public market debut of the year.

According to a recent report by Bloomberg News, the AI startup is currently arranging high-stakes investor meetings in preparation for an Initial Public Offering (IPO). The Wall Street heavyweights managing the offering—Morgan Stanley, Goldman Sachs Group Inc., and JPMorgan Chase & Co.—are actively scheduling these preliminary meetings for the coming weeks, positioning the company for a potential listing as early as this October.

The Bloomberg report sheds light on exactly where

Anthropic plans high-stakes investor meetings ahead of potential October IPO

Wed, 15 Jul 2026 12:13:41 -0400

Investing.com -- Artificial intelligence heavyweight Anthropic PBC is officially laying the groundwork for what could be the most highly anticipated public market debut of the year.

The Bloomberg report sheds light on exactly where

Anthropic adds Ben Bernanke to Long-Term Benefit Trust

Thu, 09 Jul 2026 14:33:26 -0400

Investing.com -- Anthropic appointed Ben Bernanke to its Long-Term Benefit Trust on Thursday. Bernanke, a Distinguished Fellow at the Brookings Institution and former Federal Reserve Chair, joins the independent body tasked with holding the AI company to its mission of responsible advanced AI development.

Bernanke served as Federal Reserve Chair from 2006 to 2014, leading the central bank during the 2008 global financial crisis and subsequent recovery. He spent over 20 years as an academic economist, primarily at Princeton, where he chaired the economics department and conducted research on the Great Depression and banking’s role in financial crises. He received

Anthropic adds Ben Bernanke to Long-Term Benefit Trust

Thu, 09 Jul 2026 14:33:26 -0400

Amazon shifts Anthropic AI billing to token model, disputes report of higher costs

Mon, 29 Jun 2026 14:10:46 -0400

Investing.com -- Amazon has restructured part of its partnership with artificial intelligence startup Anthropic, shifting from paying for its AI models based on computing hours to a token-based pricing model beginning next year, according to a report by The Information.

The report, citing people familiar with the matter, said the change could increase Amazon's costs for using Anthropic's large language models, including Claude. Amazon disputed that claim.

"Amazon and Anthropic share a multifaceted partnership grounded in technical collaboration, and we continue to foster that relationship and deepen our work together," an

Amazon shifts Anthropic AI billing to token model, disputes report of higher costs

Mon, 29 Jun 2026 14:10:46 -0400

The report, citing people familiar with the matter, said the change could increase Amazon's costs for using Anthropic's large language models, including Claude. Amazon disputed that claim.

"Amazon and Anthropic share a multifaceted partnership grounded in technical collaboration, and we continue to foster that relationship and deepen our work together," an

Amazon shifts Anthropic AI billing to token model, disputes report of higher costs

Mon, 29 Jun 2026 14:10:46 -0400

The report, citing people familiar with the matter, said the change could increase Amazon's costs for using Anthropic's large language models, including Claude. Amazon disputed that claim.

"Amazon and Anthropic share a multifaceted partnership grounded in technical collaboration, and we continue to foster that relationship and deepen our work together," an

Google brain drain deepens as Gemini heavyweights defect to Anthropic

Wed, 24 Jun 2026 14:41:22 -0400

Investing.com -- Google’s AI talent hemorrhage is worsening. Two senior artificial intelligence researchers from Alphabet Inc. (NASDAQ:GOOGL) are leaving the tech giant to join rival startup Anthropic PBC, according to a report Wednesday from Bloomberg News, citing people familiar with the matter.

Jonas Adler and Alexander Pritzel—both viewed internally as critical architects behind Google’s flagship Gemini AI model—are jumping ship to the maker of Claude, the sources said, speaking on the condition of anonymity. Adler’s departure strips Google of a key leader in its high-stakes AI coding projects, while Pritzel’s exit removes a core specialist from its foundational system-training

Google brain drain deepens as Gemini heavyweights defect to Anthropic

Wed, 24 Jun 2026 14:41:22 -0400

Google brain drain deepens as Gemini heavyweights defect to Anthropic

Wed, 24 Jun 2026 14:41:22 -0400

Google brain drain deepens as Gemini heavyweights defect to Anthropic

Wed, 24 Jun 2026 14:41:22 -0400