U.S.-based chipmaker GlobalFoundries plans to build a $4 billion manufacturing facility in Singapore that will open in 2023, Bloomberg reported. The investment comes despite attempts by the U.S. government to encourage companies to build chip factories in the U.S. to protect against supply chain disruptions. It also comes as other chipmakers such as Taiwan Semiconductor Manufacturing Co....
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Anthropic Makes OpenAI Look Cheap
How much should a well-regarded artificial intelligence startup be worth on paper?That’s the question facing scores of sovereign wealth funds, mutual fund firms and other private equity investors looking at two marquee AI opportunities: OpenAI and Anthropic. OpenAI is in the middle of its second employee share sale in the last six months, and if it succeeds, the new share price could imply an...
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