The United States has implemented export controls on advanced chips to handicap China's ability to develop advanced AI.

Data from tools like OpenRouter indicates that software engineers are increasingly choosing lower-cost Large Language Models when given the option.

Anthropic has confidentially filed for an Initial Public Offering.

Broadcom is engaged in a chip development partnership with the large language model company Anthropic.

Lower-cost Large Language Models are increasingly being developed by companies in China, such as Alibaba and Deepseek.

SpaceX, Anthropic, and OpenAI are all reportedly planning to raise tens of billions of dollars through Initial Public Offerings.

Broadcom CEO Hock Tan has indicated the company is entering a "post-M&A phase," shifting its growth strategy to focus on internal chip development rather than large acquisitions.

Broadcom has a deal with Google to collaborate on Tensor Processing Units (TPUs) through 2031.

Google is planning to raise tens of billions of dollars by tapping the public markets again through a new equity offering.

Broadcom's stock declined after the company provided a revenue forecast for AI chips that was lighter than investors expected.

Despite U.S. restrictions on chip access, Chinese-based Large Language Models are catching up to their Western counterparts in capability.

Broadcom CEO Hock Tan has stated that the company now has visibility into its business out to 2028, which is much further than it had three months ago.

Anthropic has been messaging that it has captured the business market in a way that OpenAI has not.

Broadcom added $270 billion in market capitalization in the period leading up to its recent earnings report.

In the last six months, Anthropic is perceived to have gained momentum against OpenAI, partly due to its cybersecurity tool, Mythos.