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In 2023, the AI craze triggered by ChatGPT stimulated U.S. technology stocks, which had been plagued by missed earnings and rising bond yields in 2022. The FOMO (fear of missing out) sentiment surpassed concerns about economic recession and interest rate levels not seen in 22 years on several occasions. The Magnificent Seven, led by $NVIDIA (NVDA.US)$, made remarkable progress that yea...
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Key Details:
📍 Anthropic, an AI startup founded by former OpenAI employees, in talks for $750 million funding led by Menlo Ventures.
📍 Proposed funding to skyrocket Anthropic's valuation to $18.4 billion, a significant leap from $4.1 billion earlier this year.
📍 Google, Salesforce, and Zoom among the backers of Anthropic, which has already raised $750 million in 2023.% $Alphabet-C (GOOG.US)$ $Salesforce (CRM.US)$ $Zoom Communications (ZM.US)$
Key Details:
📍 Anthropic, an AI startup founded by former OpenAI employees, in talks for $750 million funding led by Menlo Ventures.
📍 Proposed funding to skyrocket Anthropic's valuation to $18.4 billion, a significant leap from $4.1 billion earlier this year.
📍 Google, Salesforce, and Zoom among the backers of Anthropic, which has already raised $750 million in 2023.% $Alphabet-C (GOOG.US)$ $Salesforce (CRM.US)$ $Zoom Communications (ZM.US)$