Key highlights: Anthropic is reportedly in discussions with Samsung about manufacturing a custom AI chip The project remains in the early stages, with no finalized design or production timeline A successful partnership could reduce Anthropic’s dependence on Nvidia hardware and provide a major win for Samsung’s foundry business Anthropic, the artificial intelligence company behind Claude, […]
Tag: AI
Key highlights: IREN has fallen by double digits after reports of Meta wading into the cloud business emerged Other data center operators saw stock declines amid fears of Meta’s cloud business reducing profitability Meanwhile, retail investors in IREN are glum over an $800 stock grant to co-CEOs Australia-based cloud infrastructure provider IREN has seen its […]
Key highlights: Michael Burry disclosed new short positions against Tesla, Nvidia, among others The investor says AI spending and soaring chip stock valuations could mean the end of the boom Tesla rallied almost 10% before Burry revealed his short position Nvidia still remains one of Burry’s bearish bets Investor Michael Burry has made yet another […]