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Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering at a valuation approaching $1 trillion, the company said in a blog post Monday.
The company has submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering. Anthropic has yet to disclose the number of shares ...
NVIDIA opened Taipei’s Computex trade show on Sunday with the unveiling of a new PC CPU it has dubbed the RTX Spark — a “superchip” the company says will power AI PCs from a who’s who list of consumer hardware makers this autumn.
The 1-petaflop chip is designed to run AI agents such as OpenClaw and Hermes Agent securely on personal computers. RTX Spark Windows PCs w...
Google parent company Alphabet has announced plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned, in a move that highlights how rapidly the cost of competing at the AI frontier is climbing.
Alphabet said Monday that it would sell that amount in stock and use the proceeds to fund “general corporate purposes, including capi...
Standard Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank overall in the Middle East and Africa in the inaugural Evident AI Index for Banks, published by Evident Insights. The group was also named the most innovative bank in AI across the region.
The index is the first independent, data-driven benchmark of AI matu...