By Aliyu Pokima Key highlights: Nvidia is considering becoming an anchor investor in Anthropic’s upcoming IPO with a $10 billion investmentThe investment could signal confidence in Anthropic’s proposed $2 trillion valuation, attracting other investorsBoth companies have major ties with the Claude maker leaning on Nvidia’s chips Nvidia is reportedly weighing investing as much as $10 […]
Tag: AI
By Hassan Shittu Key highlights: Anthropic’s Dario Amodei called for deliberately slowing frontier AI development to allow safety to catch up, proposing third-party evaluator access Safety concerns are escalating as an Anthropic researcher estimates >10% extinction risk from AI within a decade Nasdaq 100 futures fell ~1.24% Sunday, dragging Nvidia, AMD, CoreWeave, and Oracle lower […]
By Hassan Shittu Key highlights: August CPI matched at 3.4% YoY, but core came in at +0.3% MoM, pushing Sept. Fed hike odds to 87% Brent at $105 and U.S. diesel hitting $6/gallon complicate the Fed’s call as energy drove 1/3 of August’s monthly CPI gain, with gasoline up 27.4% YoY Bitcoin recovered to $79K […]