WS #12291
Meta in talks to lease $10 billion of computing power to Anthropic, creating a new revenue stream for Meta and supporting AI infrastructure demand. Apple in early settlement talks with DOJ over 2024 antitrust case, potentially removing a major regulatory overhang; HSBC upgrades Apple to Buy with $366 target. Xi Jinping declares China will lead the world in AI, reinforcing competitive threat to US tech dominance.
Meta-Anthropic Compute Deal
Meta in talks to lease $10 billion of computing power to Anthropic, creating a new revenue stream for Meta and supporting AI infrastructure demand.
Apple in early settlement talks with DOJ over 2024 antitrust case, potentially removing a major regulatory overhang; HSBC upgrades Apple to Buy with $366 target.
Xi Jinping declares China will lead the world in AI, reinforcing competitive threat to US tech dominance.