Anthropic Reportedly Plans IPO Investor Meetings, Bloomberg Says
AI startup Anthropic is preparing to hold preliminary meetings with potential investors for an initial public offering in the coming weeks, according to a new report.
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Goldman Sachs Counsel Testifies She Saw No Evidence of Epstein's Crimes
Goldman Sachs senior counsel Kathy Ruemmler told a House committee that she never witnessed any misconduct by Jeffrey Epstein and would have reported him to law enforcement if she had.
Polish Stocks Close Lower as Banking and Energy Sectors Weigh on WIG30
The Warsaw Stock Exchange's benchmark WIG30 index fell 0.25% on Wednesday, with losses in the banking, energy, and basic materials sectors driving the decline.
Anthropic Reportedly Arranging Investor Meetings for Potential October IPO
The AI startup is taking a critical step toward a public listing by scheduling preliminary meetings with institutional investors, according to a new report. The move could position Anthropic for an IPO as early as this October.
Apple Reportedly Exploring AI Chip Acquisitions to Bolster Server Efforts
Apple is considering buying AI chip startups to address performance challenges with its in-house server processors, according to a report from The Information. The move comes as the company seeks to enhance its capabilities for running large AI models.
Codelco Expects Flat Copper Output, Missing 2030 Target, Chairman Says
Chile's state-owned Codelco expects copper production to remain stagnant in the coming years, a significant departure from its previous goal of 1.7 million tons by 2030, according to its chairman. The forecast comes as the mining giant grapples with project delays and cost overruns.
New York Yankees in Talks With Apollo for Nearly $3 Billion Financing, Bloomberg Reports
Yankee Global Enterprises, the parent company of the New York Yankees, is reportedly in advanced discussions with Apollo Global Management for a financing package that would value close to $3 billion.
SanDisk Stock Tumbles After Argus Initiates Coverage With Neutral 'Hold' Rating
Shares of SanDisk Corporation fell sharply on Wednesday after Argus Research initiated coverage with a cautious 'Hold' rating, amplifying existing concerns over the stock's technical weakness and sector-wide headwinds.
Alphabet Stock Climbs as Buffett Confirms Personal Backing of Berkshire's Stake
Shares of Alphabet (GOOGL) rose after Warren Buffett personally claimed credit for Berkshire Hathaway's major investment, a move reinforced by a KeyBanc price target increase ahead of earnings.