In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Artificial intelligence lab Anthropic is exploring the po...
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. The plans are in early stages and the company may still decide to only buy AI chips and not design any, according to two people with knowledge of the matter and one person briefed on Anthropic's plans. The company has yet to commit to a specific design or put together a dedicated team to work on the project, one of the sources said. A spokesperson for the San Francisco-based company declined to comment on the article. Demand for its AI model Claude has accelerated in 2026, with the startup's run-rate revenue now surpassing $30 billion, up from about $9 billion at the end of 2025, Anthropic said earlier this week. Anthropic uses a range of chips, including tensor processing units (TPUs) designed by Alphabet's Google and Amazon's chips to develop and run its AI software and chatbot Claude. Earlier this week, Anthropic signed a long-term deal with Google and Broadcom which helps design the TPUs. That deal builds on the company's commitment to invest $50 billion in strengthening U.S. computing infrastructure. Anthropic's discussions mirror similar efforts underway at large tech companies that are seeking to design their own AI chips, including Meta and OpenAI. Designing an advanced AI chip can cost roughly half a billion dollars, according to industry sources, as companies need to employ skilled engineers and spend to make sure the manufacturing process has no defects. Choose CNBC as your preferred sourc...
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 4.5% in the afternoon session after CEO Andy Jassy's annual shareholder letter revealed that the company's artificial intelligence (AI) business was performing strongly.
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) jumped 4.5% in the afternoon session after CEO Andy Jassy's annual shareholder letter revealed that the company's artificial intelligence (AI) business was performing strongly.
Jardine Matheson is giving up its remaining office space in FWD Tower at Taikoo Place and plans to relocate staff back to Jardine House in Central as part of operational consolidation, sources said. The group’s primary office at Jardine House, part of its own property portfolio, “is now undergoing renovations to create a modern workspace that will accommodate all head office employees from May”, a...
Jardine Matheson is giving up its remaining office space in FWD Tower at Taikoo Place and plans to relocate staff back to Jardine House in Central as part of operational consolidation, sources said. The group’s primary office at Jardine House, part of its own property portfolio, “is now undergoing renovations to create a modern workspace that will accommodate all head office employees from May”, allowing it to operate “more collaboratively and dynamically”, according to sources familiar with the...
AZZ ( AZZ ) declares $0.20/share quarterly dividend , in line with previous. Forward yield 0.59% Payable May 14; for shareholders of record April 23; ex-div April 23. The company has now announced a dividend of $0.20 for four consecutive quarters. See AZZ Dividend Scorecard, Yield Chart, & Dividend Growth. More on AZZ AZZ: Time To Step Back After A Great Run (Downgrade) AZZ reports FY Guidance res...
AZZ ( AZZ ) declares $0.20/share quarterly dividend , in line with previous. Forward yield 0.59% Payable May 14; for shareholders of record April 23; ex-div April 23. The company has now announced a dividend of $0.20 for four consecutive quarters. See AZZ Dividend Scorecard, Yield Chart, & Dividend Growth. More on AZZ AZZ: Time To Step Back After A Great Run (Downgrade) AZZ reports FY Guidance results AZZ Inc. authorizes new $100M share repurchase program Seeking Alpha’s Quant Rating on AZZ Historical earnings data for AZZ