OpenAI

Artificial Intelligence

Anthropic’s IPO Is Both Boom and Bust for Big Tech

Photo via Graeme Sloan/Sipa USA/Newscom

Google and Amazon stand as Anthropic’s two largest outside shareholders, collectively owning about a quarter of shares.

2 min read

Photo via Matthew Kaminsky/Matt Kaminsky/Sipa USA/Newscom

Artificial Intelligence

Anthropic Can Now Start Its Roadshow. The Traffic’s Bad.

Anthropic hasn’t set a price yet, but investors think its IPO could fetch a valuation from $1.1 trillion to $1.3 trillion.

2 min read
Photo via Bob Daemmrich/ZUMAPRESS/Newscom

Artificial Intelligence

Who Gets Hit in the Great Data Center Slowdown?

Experts say the outcome is likely more gloom than doom, though some stakeholders are destined to feel the pain more acutely than others.

6 min read
Photo via Bob Daemmrich/ZUMAPRESS/Newscom

Artificial Intelligence

The Lone Star State of Data Centers After Historic Texas Midterms

The state’s vast supply of habitable and usable land combined with abundant rural and suburban real estate made it ideal for new projects.

2 min read

Semiconductors

Broadcom Emerges as Anthropic IPO’s Big Winner

Photo via Thomas Fuller / SOPA Images/Sipa USA/Newscom

If buying up endless amounts of GPU was Act 1 of the AI infrastructure buildout, custom chips like Broadcom’s may be the star of Act 2.

2 min read

Photo via Sven Hoppe/dpa/picture-alliance/Newscom

Big Tech

Microsoft Remains the Adult in the AI Room

The Windows-maker’s announced a smoking 48% year-over-year revenue growth for its Azure cloud computing division in its earnings call.

2 min read
Photo via Andrew Leyden/ZUMAPRESS/Newscom

Artificial Intelligence

Anthropic’s IPO Stares Down a Wobbly AI Trade

Reports surfaced earlier this month that the frontier AI lab may lower its target valuation, from $2 trillion to $1.5 trillion.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by AndreyKrav via iStock

Advisor Upside

Not Just OpenAI: There Are More Pre-IPO Names to Watch

There are more ways than ever to access late-stage private equity, and there are some big IPOs on the horizon.

4 min read

Big Tech

Meta’s Muse Is Everywhere and Nowhere in Latest Earnings Result

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Deutsche Bank analyst Benjamin Black recently predicted that Muse’s 2030 revenue could range anywhere from $2.4 billion to $36 billion.

2 min read

Hedge Funds

After Headline-Making Losses in 2022, Tiger Global Touts a $5 Billion Windfall on an OpenAI Bet

Photo via Timon Schneider/ZUMAPRESS/Newscom

The firm invested $150 million in Sam Altman’s company back in 2021 before ChatGPT launched and has added to the investment over the years.

1 min read

Sign In or Subscribe to The Daily Upside to read this article

Sharp news & analysis on finance, economics, and investing.