Anthropic is in early discussions to lease computing power from Meta, potentially worth around $10 billion, as reported by the New York Times. This follows a recent deal with SpaceX to use its Colossus 1 data center capacity to support Anthropic's paid subscribers. These moves highlight Anthropic's efforts to secure access to Nvidia AI chips, which are crucial for running advanced AI models like Fable. Meta is also expanding its AI infrastructure, with plans to invest up to $145 billion in 2026, signaling its ambition to enter the cloud computing market and monetize AI beyond its social media business.
TappAlpha launched the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), combining ten major US tech and growth stocks with a daily covered-call options strategy to generate monthly income. The fund includes big names like NVIDIA, Micro...
AMD will host its Advancing AI 2026 event in San Francisco, where Jefferies analysts expect the company to raise its AI CPU market estimate above $200 billion, surpassing Nvidia's figure. The event may also reveal details on AMD's next-gen MI500 GPUs...
Meta is negotiating with AI startup Anthropic to rent computing power from its AI data centers in a deal that could reach $10 billion over two years. Anthropic proposed the deal in June and would pay Meta monthly, with both companies able to exit ear...
Capital Group Growth ETF (CGGR) focuses on concentrated megacap stocks like Meta, Tesla, Nvidia, and Broadcom with a low expense ratio of 0.39%. Despite strong performance from these holdings, CGGR returned about 11% over the past year, underperformi...
Tesla, SpaceX, and Meta are experiencing early pre-market declines due to geopolitical risks from the Middle East conflict and cautious investor sentiment ahead of earnings reports. Tesla is nearing a key support level at $383 before its earnings nex...
