Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Instagram Outage Disrupts Thousands of U.S. Users 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Google (NASDAQ:GOOGL) has made an additional $1 billion investment in Anthropic, an AI startup rivaling OpenAI, according to the Financial Times. This brings Google’s total investment in Anthropic to $3 billion, reinforcing its position in the competitive AI market against Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Meta (NASDAQ:META).
Anthropic, established in 2021 by former OpenAI employees, specializes in AI safety and advanced models like its Claude family. Google aims to capitalize on Anthropic’s innovations as part of its broader AI strategy to maintain leadership in artificial intelligence technologies, despite previous challenges in commercializing its advancements.
The startup is also nearing an additional $2 billion funding round led by Lightspeed Venture Partners, potentially valuing Anthropic at $60 billion. This follows significant backing from Amazon, which has invested $8 billion over 18 months and plans to integrate Anthropic’s AI into Alexa devices.
Anthropic’s revenue surged tenfold in 2024, reaching $1 billion annually, although profitability remains elusive due to high development costs. Investors remain optimistic about AI’s potential to generate substantial economic value.
Google’s latest investment underscores its commitment to advancing AI amid growing competition from major tech players and startups like Elon Musk’s xAI.
