Tech stocks stabilized on Friday even as the broader market fell another 1.4%, as measured by the Dow Jones Industrial Average, as the Coronavirus panic continued. The Nasdaq Composite Index ended Friday up slightly, as both Facebook and Google rose while Apple was flat. Biomedical and pharmaceutical companies led the increase, with a small medical research company Biocept rising 168% on no...
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Anthropic in Talks to Raise $2 Billion From Google and Others Just Days After Amazon Investment
Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding, following a commitment from Amazon last week to invest $1.25 billion in the company, according to three people with direct knowledge. Anthropic has told investors that Google, which bought a roughly 10% stake in the startup in 2022, is expected to invest in the round, two of the...
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