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The US government has ordered Anthropic to block foreign access to its most advanced models, Fable 5 and Mephisto 5.2, due to flagged security vulnerabilities.
Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021.
The US Commerce Department issued a directive to Anthropic at 5:21 p.m. on a Friday regarding concerns about foreign nationals accessing its Fable 5 and Mythos 5 models.
In response to the US government's directive, Anthropic denied worldwide access to its Fable 5 and Mythos 5 models.
Cohere has received a "huge number of inbounds" from business customers and foreign governments looking to diversify their technology stack following the US government's action against Anthropic.
Bloomberg Intelligence analyst Robert Schiffman speculates that Nvidia may use proceeds from its bond sale to make strategic investments in partners like OpenAI, Anthropic, and potentially SpaceX.
Nvidia is projected to generate a couple hundred billion dollars in free cash flow over the next year.
SpaceX raised $85.7 billion in its IPO by selling 555.6 million shares plus an additional 83.3 million shares through its green shoe option.
Fox has agreed to acquire Roku in a deal that values the streaming company at $22 billion, including debt.
Salesforce has agreed to acquire AI firm Finn for $3.6 billion.
The United States and Iran have reached an interim deal to reopen the Strait of Hormuz.
Citigroup reports that global investors are treating China's tech sector as a "source of funds," selling local stocks to finance investments in the global hardware trade.