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The Marked Chart Wire · Business
On Semiconductor
On Semiconductor halted its planned $2 billion silicon carbide project in the Czech Republic due to changing market conditions. Existing operations in Rožnov and Brno will continue serving automotive and AI data-center clients.
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SpaceX
Alphabet reaffirmed its support for SpaceX following Donald Harrison's resignation from the board. The company holds a $74 billion stake and pays up to $920 million monthly for AI computing capacity.
OpenAI Funding
The AI firm has reportedly secured $11 billion in fresh capital at a $1.25 trillion valuation. This marks the initial tranche of a larger financing deal that may reach $20 billion in coming weeks.
HotAnthropic IPO
The AI firm is reportedly targeting a valuation between $1.25T and $1.75T. Third quarter earnings grew by half to $17B, and the company plans $900B in future infrastructure costs.
HotAnthropic IPO
The AI company is said to be targeting a valuation between $1.25 trillion and $1.75 trillion for its public debut.
Anthropic IPO
The AI company is said to be moving forward with an initial public offering, targeting a market value of $1.5 trillion.
OpenAI
Openai has closed a new financing round raising $11 billion. The company now carries a valuation of $1.25 trillion.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.