'Anthropic planned, then abandoned $7B purchase of MatX, sources say'- Reuters Exclusive
https://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
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image credit: Anna Tutova "Most people will think that there is going to be OpenAI and Anthropic, and Gemini, and Grok competing and there is going to be American AI and Chinese AI and so on and they’ll
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https://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
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Read original at the-motley-foolhttps://www.theinformation.com/articles/anthropic-considers-letting-shareholders-sell-ipo-departing-spacex-playbook
Read original at benzingaRaymond James says Nvidia could reach $1 trillion in annual sales by fiscal 2029 as AI demand stays strong and supply constraints ease.
Read original at benzingaSpaceX stock surged nearly 30% in August following strong Q2 results with 92% revenue growth, driven primarily by AI and Starlink connectivity businesses. However, the analyst remains skeptical due to the expensive 41x sales valuation, with too much growth already priced in. The first post-IPO insider lockup period ended without significant market impact.
Read original at the-motley-fool