Three investors told The Wall Street Journal Anthropic's IPO valuation will likely need to come down, with one saying closer to $1 trillion, the Journal reported, per AFP. The company had been aiming for about $1.5 trillion and a week-of-Nov. 16 debut, and has not confirmed a date.
Three major investors who plan to take part in Anthropic's IPO told The Wall Street Journal the company's valuation will likely need to come down, with one saying it could end up closer to $1 trillion, the Journal reported, per AFP.
Anthropic had been expected to raise up to $100 billion, which would make the deal the largest IPO on record, the Journal reported, per AFP.
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Adobe and Disney announced a multi-year alliance on November 9, including custom generative models in Adobe Firefly Foundry trained on Disney properties.
Nvidia's board says it is opening an independent investigation after reports that CEO Jensen Huang was the target of a foreign intelligence effort. It says it has no reason to believe secrets were compromised, and Huang has said he will cooperate.
Meta has released Muse Ember, which it calls its smallest and most efficient AI model for agent subtasks such as tool calls and coding. It is available as muse-ember-1.0 at $0.10 per million input tokens.
Sources told CNBC that Chinese AI lab Moonshot has discussed leasing Nvidia Blackwell capacity from European neoclouds, including talks around clusters of 8,000 or more GPUs. No signed lease has been confirmed.
Meta priced $15 billion of senior notes in five tranches on November 3, according to its pricing term sheet, with coupons from 5.85% on 2031 notes to 7.50% on 2056 notes. Bloomberg reported orders peaked at about $58 billion and said the deal is part of a cross-border financing of at least $20 billion that includes a euro debut.
