Anthropic prepares for public listing as the Trump administration weighs AI chip export policy stakes.
President Donald Trump is reportedly ruling out nationalizing artificial intelligence labs like OpenAI and Anthropic, but is considering taking an equity stake in them instead, modeled on the government's stake in Intel Corp. Trump also reportedly turned to Space Exploration Technologies Corp. CEO Elon Musk's Grok chatbot for insight into how Venezuelans might react if Nicolas Maduro got captured, weeks before the U.S. launched an operation that removed the Venezuelan leader. Trump stated that American communities hosting data centers would receive a "dividend," which could manifest in various ways.
California lawmakers moved Thursday to tighten rules for robotaxi operators after emergency-response disruptions, with a new law requiring on-the-ground help and allowing penalties when autonomous vehicles obstruct police or firefighters for more than 30 minutes. In a separate enforcement action, authorities arrested a California man on federal charges alleging he helped smuggle more than $300 million worth of export-controlled computer servers reportedly containing Nvidia GPUs to China without the required licenses.
ON Semiconductor Corp inked a revised deal Thursday to acquire Synaptics Inc in an all-cash deal with an enterprise value of around $5.7 billion. Micron Technology Inc. reported record fiscal fourth-quarter results and guided well above expectations, with NAND revenue surging 526% year over year to a record $14.1 billion in its fiscal fourth quarter as AI data centers demanded more storage alongside the high-speed memory used by GPUs. Broadcom Inc. is turning to Wall Street to help expand the AI infrastructure market, as chipmakers and hyperscalers increasingly use debt, private capital and asset-backed structures to finance a buildout that corporate cash flow alone may no longer cover.
Alphabet Inc. continues to expand Google's AI strategy around advanced models, lower pricing and deeper integration across its consumer and enterprise platforms. The company introduced Gemini 4 Argon on Wednesday, marking its most advanced AI model release yet, offering frontier performance across complex workflows like software engineering, enterprise knowledge and cybersecurity defense. Meta Platforms, Inc. could face a multibillion-dollar penalty in New Mexico after a jury found the Facebook parent misled users about data privacy, access and content policies. The company has reportedly classified some of its artificial intelligence data centers as 'pilot models' to claim billions of dollars in federal research tax credits, potentially reducing the cost of its massive AI infrastructure push.
IBM confirmed Thursday that it is making its AI software-development platform available for on-premises, private-cloud, sovereign-cloud and even air-gapped environments. Dell Technologies Inc. is joining a more than $15 billion AI data center plan in Japan designed to sidestep one of the biggest constraints on the AI buildout: getting enough electricity to computing infrastructure quickly. AIB Data Centers Inc. penned a binding agreement with Nebius Group NV for 50 MW of critical IT capacity at AIB's data center facility in the southeastern U.S. Hewlett Packard Enterprise Co shares rose Wednesday after the company secured a $1.2 billion AI infrastructure order from Vultr and raised its fiscal 2027 Networking growth outlook.
Snowflake Inc. announced Wednesday that LSEG expanded its collaboration with the company under a new five-year, enterprise-wide agreement. Microsoft Corp. is working with OpenAI to bring the Lab's new autonomous "Dots" agents under Microsoft's enterprise security and governance stack, giving companies a way to manage AI workers that can operate across corporate systems without constant prompting.
OpenAI has reportedly terminated three researchers who allegedly shared confidential information with an external AI safety organization. Anthropic has reportedly warned that shifting government policies toward artificial intelligence could disrupt its customer relationships and damage its reputation, as the company prepares for a potential IPO, which could value it at about $2 trillion. Anthropic's Claude AI chatbot experienced a widespread service disruption Tuesday morning, with service restored within about 40 minutes. The company is preparing for a potential public listing that could value the AI company at more than $2 trillion, pairing enormous infrastructure commitments with a governance structure designed to preserve founder control.
SharonAI Holdings, Inc. secured its first $356 million committed senior secured, GPU-backed SPV debt facility at a fixed rate of 9.95%, excluding fees. IREN Limited plans $25 billion to $30 billion of fiscal 2027 capital spending, raising questions over financing and future returns. Robinhood Markets Inc. unveiled a new wave of AI trading tools on Tuesday, including autonomous trading agents built directly into the app, as it pushes further into agentic finance, with the stock climbing more than 2% in after-hours trading on the company's 24-hour trading platform.