Company is developing long-duration energy storage solutions

Focuses on automotive and Edge compute

Anthropic will put models on Amazon Bedrock, and use Trainium and Inferentia chips on AWS

The largest IPO since 2021

Could get the money from Chinese government-backed entities

SoftBank plans to raise up to $4.9bn from the listing

Momentum expected to continue into the second half of the year

While Iconic Data Centres spins up to potentially offer the same thing

Cashes in its chips at semiconductor designer

Deal on track to close by 30 October

But don't expect Elon Musk's company to launch its own data center business

Will share the large language model with the Global Telco AI Alliance

As tit-for-tat restrictions continue to ramp up

Hopes to reduce debt by nearly $1bn

Big tech looks to keep the chip designer neutral

As Data4 and Compass acquisitions boost portfolio

Following a smaller round of cuts earlier this year

The big three hyperscalers double down on AI data center spend

Cashing in on generative AI hype for a large expansion

Impairment charge after shares keep falling

Hyundai will use the semiconductor designs in its cars

"We are distinctly seeing the first signs of the AI investment cycle in our pipelines and orders"

Size of the investment not disclosed

But near-term headwinds as market digests existing buildout