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Anthropic looks set to tie up $15bn of pre-IPO funding
Proactive20d agoneutral
Anthropic looks set to tie up $15bn of pre-IPO funding

Anthropic is close to finalising an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a key hurdle before the AI company files publicly for its highly anticipated IPO. Morgan Stanley (NYSE:MS) is leading the process, with Goldman...

Anthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility
Bloomberg21d agoneutral
Anthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize expanding its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm’s public filing for its highly anticipated IPO.

Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.
The Wall Street Journal22d agoneutral
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.

Only a few companies make the crucial components for power turbines that AI data centers are so desperate to get. Elon Musk wants to go ahead and make his own. Over the weekend, Musk confirmed on X that SpaceX will start making the blades and vanes that go into natural-gas-fired power turbines.

How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting
Yahoo Finance Video23d agoneutralVIDEO
How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting

Yahoo Finance Fed Correspondent Jennifer Schonberger joins Market Domination host Josh Lipton to report on Meta (META) CEO Mark Zuckerberg and SpaceX (SPCF) CEO Elon Musk speaking on the projected benefits of AI, including job growth and boosting the global economy by 20 to 30%, at the G20 Innovation Ministerial in Chapel Hill, N.C.