Updated Aug 12
Nov 12, 2026
Anthropic IPO Is 'Multiple Times Oversubscribed' as Roadshow Begins
Anthropic's roadshow kicked off with massive demand as the Claude maker's IPO is already multiple times oversubscribed, raising up to $90.4 billion at a $1.4 trillion valuation. Claude traffic surged 24% in October as the company heads toward a November 19 Nasdaq debut.
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Nov 11, 2026
Anthropic IPO Targets $1.4 Trillion Valuation, $64 Billion Raise
Anthropic set a $70 to $78 share price range for its IPO, valuing the Claude maker at roughly $1.4 trillion on a fully diluted basis. The offering could raise up to $64 billion, with Amazon and Google holding the biggest paper gains. Trading is expected to start November 19 under the ticker ANT.
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Nov 12, 2026
TSMC Invests $1 Billion in Anthropic and OpenAI
The world's largest chipmaker is taking direct equity stakes in the two biggest AI developers. TSMC's board approved up to $500 million each for Anthropic's IPO shares and OpenAI preferred stock — a signal that the semiconductor giant sees long-term AI demand as durable, even as markets question AI spending.
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Nov 12, 2026
Qualcomm Begins Layoffs in India, Cutting Over 1,000 Jobs
Qualcomm has started cutting jobs in India as part of a global restructuring, with more than 1,000 roles at risk across Bengaluru, Hyderabad, and other cities. The chipmaker's revenue fell 3% to $43.1 billion in fiscal 2026, with smartphone chip sales down 25%.
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Oct 30, 2026
Foxconn shows modular AI systems before site connection
Foxconn’s showcase covers preintegrated systems, a simulated AI hall and a planned facility.
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