Jensen Huang’s star-turned-Anthropic goes public

AI Video & Visuals


<span>Story: From Jensen Huang’s star run at Computex to Anthropic’s move to go public…</span><span>AI Weekly. </span><span>:: AI Weekly</span><span>Nvidia CEO Jensen Huang headlined Computex in Taiwan.</span><span>He showed off Nvidia’s new Vera central processing unit (CPU).</span><span>And he announced the RTX Spark PC chip, which brings AI capabilities directly to laptops and desktop computers.</span><span>“There’s no question that this reinvention of the computer is as big an event as the reinvention of the telephone into what we now know as the smartphone. And this is the beginning of that journey.”</span><span>The Nvidia boss made a big splash at Computex, where he dined with executives from Samsung, SK Hynix, and more.</span><span>Dell’s stock price soared after the computer maker raised its revenue and profit forecasts.</span><span>Major US companies have benefited greatly from the surge in demand for AI-optimized servers used in data centers.</span><span>Dell also significantly raised its annual revenue forecast to up to $169 billion.</span><span>The move comes as tech giants like Alphabet and Amazon aim to spend more than $700 billion on AI-related infrastructure this year.</span><span>AI giant Anthropic said it has filed documents to go public.</span><span>This gives it a lead over rival and ChatGPT owner OpenAI in a race that could define how AI does business in the future.</span><span>Claude’s creator did not disclose the size or terms of the offer. </span><span>Its last funding round valued it at nearly $1 trillion, making it a more valuable company than OpenAI.</span><span>Broadcom shares fell as much as 13% following the latest financial results.</span><span>Investors were disappointed with the demand outlook for U.S. companies, with second-quarter sales also falling short of Wall Street expectations.</span><span>Broadcom said it expects third-quarter AI chip sales to be $16 billion, slightly lower than expected.</span><span>However, CEO Hock Tan said the company’s long-term forecast for AI chip sales remains unchanged at $100 billion.</span><span>Google’s parent company Alphabet also said it aims to raise $80 billion in an initial public offering.</span><span>The company wants to fund expensive AI infrastructure expansions.</span><span>This includes a $10 billion investment from Berkshire Hathaway.</span><span>The deal positions Warren Buffett’s firm as a major investor and adds high-profile support to Alphabet’s long-term AI and cloud strategy.</span>



Source link