Owning Anthropic stock is like finding Willy Wonka’s golden ticket. Everyone wants it. Nobody gives up. As the crowd harasses Charlie, the newsboy shouts, “Run, Charlie! Run straight home and don’t stop until you get there!” Judging by the secondary market, that is precisely What Anthropic shareholders are doing. Anthropic has skyrocketed to a $1.2
The budget smartphone market will shrink as the reality of memory shortages continues to take hold. Rising RAM prices amid memory shortages are putting serious pressure on the economics of low-end smartphones, according to a recent analysis published this week by global technology research firm Omdia. “Memory costs have become a serious burden for low-end
Kioxia may have become Japan’s most valuable company amid the AI boom, but South Korea’s chip giants still have a structural advantage, according to the Bain Capital executive who led the company’s purchase from Toshiba. “The reason South Korean companies are so successful in the semiconductor industry is the powerful vertical leadership and ownership structures
Jensen Huang says his software engineers love how AI is changing their role. “These agent systems are new skills, and now we have a lot of software engineers creating agents,” the Nvidia CEO said in an interview published by the company on Wednesday. “If you ask me, every one of my software engineers would rather
Jeff Bezos’ Blue Origin is raising $10 billion as the rocket startup aims to catch up to Elon Musk’s SpaceX. In a memo sent to employees on Wednesday and seen by Business Insider, Blue Origin CEO Dave Limp said the company would raise funds at a valuation of $130 billion. “We are entering a period
If your Instagram account is public, your photos, including your profile photo, can now be targeted by other people’s AI creations, unless you change a hidden setting in the app. Meta’s new Muse Image model, introduced Tuesday, allows users to generate AI images using public Instagram posts by tagging another person’s account in a message.