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25.04.26 - 04:42
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Google Deepens Anthropic Bet With Up To $40 Billion Investment (ZeroHedge)
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Google Deepens Anthropic Bet With Up To $40 Billion Investment
The AI funding frenzy continues, with Google planning to invest $10 billion in Anthropic at a $350 billion valuation, deepening its relationship with the San Francisco-based AI company best known for building Claude.
Bloomberg reports that Google's deal with Anthropic includes an initial $10 billion investment at a $350 billion valuation, with the potential for another $30 billion if certain performance milestones are achieved. That would bring the potential deal size to as much as $40 billion.
Part of the deal includes Google Cloud providing 5 gigawatts of computing capacity to the AI startup, founded in 2021 by former OpenAI employees, including Dario Amodei and Daniela Amodei, over the next five years. Additional capacity could follow.
Earlier this week, Amazon committed another $5 billion to Anthropic at the same valuation, with the option to invest an additional $20 billion over time.
Amazon's scramble for compute was detail...
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25.04.26 - 03:15
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Mag 7 Earnings Take the Spotlight: What to Expect (Zacks)
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The earnings focus this week is on the Magnificent 7 group of mega-cap Tech companies, with Amazon, Alphabet, Microsoft, and Meta reporting results on Wednesday, April 29th, and Apple doing the same the day after....
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24.04.26 - 22:06
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Ilhan Omar Accused Of Trying To Steer $1.4M To Nonprofit With Somali Restaurant For Address (ZeroHedge)
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Ilhan Omar Accused Of Trying To Steer $1.4M To Nonprofit With Somali Restaurant For Address
U.S. Rep. Ilhan Omar (D-MN) is facing fresh accusations after Republicans flagged her reported push to direct more than $1 million in federal taxpayer funds to a small Somali-led nonprofit whose listed project address matches a Minneapolis restaurant.
The nonprofit, Generation Hope MN, describes itself as providing addiction recovery services, peer support, job training, and mental health support for the East African community. The address tied to Omar's earmark request - 326 Cedar Ave S / 411 Cedar Ave S - matches Sagal Restaurant and Coffee, a Somali eatery. Conservative investigator Angela Rose documented the site in a video, using Google Street View archives and on-site footage to show minimal or no clinic signage over years, with the building primarily operating as a restaurant. The owner has confirmed Generation Hope uses upstairs space in the multi-tenant property, but critics highlighted the op...
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24.04.26 - 21:36
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Intel Delivers Strong AI-Fueled Outlook | Bloomberg Tech 4/24/2026 (Bloomberg)
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Bloomberg's Ed Ludlow discusses his conversation with Intel CEO Lip Bu Tan following the company's strong earnings that sent its stock blasting past its dot-com era peak. Plus, Google plans to invest up to $40 billion into rival Anthropic. And tech job cuts ramp up, with Meta and Microsoft planning layoffs or announcing buyouts as AI spending surges. (Source: Bloomberg)...
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