Search: “nasdaq”

2 items in the last 7d

Searchkeyword smart Sortlatest hot importance relevance

DomainAll Cyber AIWindow24h 3d 7d 30d AllIn the wild Important only Show duplicates

SeverityAll critical 0 high 0 medium 0 low 0 info 2

Anthropic eyes Nasdaq listing as a second profitable quarter aims to win over investors ahead of a mega-IPO

Anthropic reports a second straight profitable quarter with $11.5B quarterly revenue and prepares a Nasdaq IPO at a possible $2T-plus valuation.

Anthropic told investors it will be profitable for a second consecutive quarter, though the claim uses an adjusted metric excluding costs like stock-based compensation. Quarterly revenue jumped 14-fold year over year to $11.5 billion, with an annualized run rate of $65 billion at the end of July and gross margins above 80 percent before revenue-sharing and training costs. The company plans a Nasdaq listing at a possible valuation of $2 trillion or more, while SemiAnalysis expects $120 billion in annualized revenue by year-end. The news coincides with CEO Dario Amodei's public call to slow AI development, backed by Sam Altman and Elon Musk.

The DecoderSep 14, 15:46 UTC · 2d agoAI industry

SK Hynix reportedly in talks with Intel to build memory chips in US

SK Hynix is reportedly negotiating with Intel to manufacture memory chips in the US, possibly leasing space at Intel's Ohio fab.

Reuters reports SK Hynix and Intel have discussed SK Hynix producing RAM in the US for the first time, including leasing space at Intel's planned Ohio factory or forming a joint venture that could include cloud-service providers; SK Hynix says nothing is finalized. The company is already building a $3.8 billion AI chip packaging and research facility in West Lafayette, Indiana, with mass production expected to begin in 2029, amid surging HBM demand from AI data centers. The potential deal could face a South Korean government review over transfers of strategically important chip technology, and follows Intel's 2020 sale of its NAND flash business to SK Hynix for $9 billion.

TechCrunch · AISep 16, 13:23 UTC · 23h agoAI industry