chips
Anthropic reportedly preparing an October IPO as annualized revenue approaches $47 billion
Anthropic is preparing for a stock market listing as early as October and is in talks with Samsung about a custom AI chip, according to reporting by TechCrunch. The company's annualized revenue is said to be approaching $47 billion.
TSMC posts a record quarter on AI demand: $39.6 billion in revenue, up 36 percent
Taiwan Semiconductor Manufacturing Company reported record second-quarter revenue of roughly $39.6 billion, 36 percent higher than a year earlier, driven almost entirely by demand for AI processors.