Anthropic is racing toward an IPO, potentially listing as early as October, which could allow it to beat OpenAI to the public markets.

Anthropic is accelerating its IPO process, planning to hold intensive investor meetings in the coming weeks and could list as early as October this year. The company’s valuation has now risen to $965 billion, with Morgan Stanley, Goldman Sachs, and JPMorgan serving as joint lead underwriters. Strong revenue growth from its enterprise AI business provides solid support for the listing, though regulatory uncertainty remains the key variable affecting its subsequent performance.

wallstreetcn01:03

IBM Plunges to Record Lows; Goldman Sachs Warns AI Capital Spending Shift Could Confirm a 'Software Bear Market'

IBM's share price plunged as much as 26% during U.S. trading hours, marking a record decline. IBM's CEO noted a "sudden shift" in clients' capital expenditure priorities, as enterprise customers redirected significant portions of their budgets toward acquiring hardware infrastructure amid the AI boom, causing several large contracts to fail to materialize as expected. Goldman Sachs immediately warned that this incident at IBM would strongly validate the "software bear-case scenario," forecasting widespread sell-offs across the software and services sector.

wallstreetcnJul 15 04:09

For the first time in history, are people cheaper than software? If AI isn't used effectively, it can be far more expensive than human labor!

The AI boom is fueling a striking paradox: a technology originally intended to replace human labor is not only avoiding layoffs but has also driven software costs above personnel costs for the first time. Ninety-nine percent of AI revenue remains confined to programming, while other sectors are mired in a 'management failure' quagmire. Overnight, enterprises have 'hired' millions of AI employees—yet no one knows how to manage them. History is repeating itself: the next trillion-dollar opportunity belongs to those who truly know how to keep the trains running on time.

wallstreetcnJul 15 16:22

ASML Holding has factored the AI computing boom into its 2028 capacity expansion plan! Wall Street bets that AMD (AMD.US), holding both CPU and GPU capabilities, will dominate the AI inference era.

Orders for lithography machines are the 'ultimate lie detector' of AI computing demand: ASML Holding's robust guidance of €45 billion has significantly reinforced the bullish AI narrative, while Goldman Sachs raised AMD's price target to $640, collectively underscoring that the AI compute boom remains intact, with capital shifting from NVIDIA's solo performance toward a broad-based expansion across the entire AI infrastructure stack.

Zhitong FinanceJul 15 15:42

OpenAI's first hardware product has been revealed, with plans to launch a smart speaker next year, though litigation from Apple could disrupt the release timeline.

Reports indicate that OpenAI’s screenless smart speaker will integrate ChatGPT capabilities, supporting smart home control, media playback, and message handling. The device features a next-generation GPT-Live voice mode and includes mechanical components capable of producing dynamic movements, deepening personalized experiences over time. It is scheduled for announcement this year and official launch in 2027, but Apple has filed a lawsuit alleging theft of trade secrets, casting uncertainty over the release timeline.

wallstreetcnJul 15 05:24

Express News | OpenAI plans to launch a smart home speaker as its first hardware product.

BreakingsJul 15 04:42