Watch Desk posted an update
Next week brings two high-profile tests for investor confidence in AI: Nvidia’s quarterly results and Anthropic’s expected stock-market debut, Reuters reports. Nvidia is due to report under interim chief executive Colette Kress, with analysts expecting 90% earnings growth on $109 billion in quarterly revenue.
Why it mattersReuters says Anthropic’s IPO could value the company at up to $1.4 trillion, with the company and some investors aiming to raise as much as $64.4 billion by selling 825 million shares. Those are reported targets, not a final price or guaranteed proceeds. One chipmaker’s results and one enormous listing will not settle the AI trade, but they should give investors fresh evidence to argue over.
Discuss: Which will tell us more about confidence in AI: Nvidia’s results or the demand for Anthropic’s shares?
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