Explore

Alphabet sets initial price guidance for Hong Kong, Singapore bond sales, term sheet shows

Alphabet sets initial price guidance for Hong Kong, Singapore bond sales, term sheet shows

Nov 12 (Reuters) - Google parent Alphabet has set initial price guidance for its inaugural bond sales in Hong Kong and Singapore dollars, according to a term sheet seen by Reuters on Thursday.

Alphabet eyes $3 billion Hong Kong, Singapore bond sale, sources say

Alphabet eyes $3 billion Hong Kong, Singapore bond sale, sources say

By Scott Murdoch, Yantoultra Ngui and Roshan Thomas Nov 11 (Reuters) - Alphabet is looking to raise about $3 billion equivalent through its first bond sales in Hong Kong and Singapore dollars, two people with knowledge of the matter said, testing Asian investor demand after an AI-led selloff in

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

By Echo Wang Nov 10 (Reuters) - Anthropic is targeting a valuation of up to $1.02 trillion in its landmark U.S. IPO, its filing showed on Tuesday, well short of the previously discussed amount in the latest sign of cooling investor appetite for AI.

Google unveils new AI chip variants as cloud demand surges

Google unveils new AI chip variants as cloud demand surges

Nov 9 (Reuters) - Alphabet's Google introduced two new variations of its in-house tensor processing units on Monday, stepping up its challenge to Nvidia's dominance in the booming market for artificial intelligence chips. Alphabet shares were up more than 3% in early trading.

Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor

Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor

By Echo Wang, Manya Saini and Arasu Kannagi Basil Nov 10 (Reuters) - Anthropic's blockbuster IPO is set to give the company a valuation of up to $1.4 trillion, slightly lower than some investors' expectations amid a recent cooling in investor appetite for AI, setting up a defining test of Wall

Wall St brokerages say AI selloff overdone, downplay Democratic regulation risks

Wall St brokerages say AI selloff overdone, downplay Democratic regulation risks

(Corrects to "Democratic" from "Democrat" in headline and paragraph 1) Nov 9 (Reuters) - Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democratic-controlled

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Nov 9 (Reuters) - Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.

Google unveils two new variants of in-house chips

Google unveils two new variants of in-house chips

Nov 9 (Reuters) - Alphabet's Google introduced two new variations of its in-house tensor processing units on Monday, stepping up its challenge to Nvidia's dominance in the booming market for artificial intelligence chips. Alphabet shares were up more than 2% in premarket trading.

Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows

Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, according to the latest draft prospectus seen by Reuters on Tuesday, as the AI company gears up to launch its marketing of the much-awaited deal.

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark listing that will offer the first public-market test of the valuations, growth prospects and risks of frontier AI companies.

Wall St futures rally on bargain-hunting, but Nvidia clouds outlook

Wall St futures rally on bargain-hunting, but Nvidia clouds outlook

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, and awaited more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

Wall St set to open higher after last week's AI rout; Nvidia down

Wall St set to open higher after last week's AI rout; Nvidia down

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes were poised to open higher on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.