News & Updates
The latest news and updates from companies in the WLTH portfolio.
Anthropic Poaches Microsoft Executive to Lead Infrastructure
(Bloomberg) -- Anthropic PBC has hired a senior leader from Microsoft Corp. to lead its push to establish the infrastructure needed to support growing adoption of its artificial intelligence services. Eric Boyd will serve as head of infrastructure at Anthropic, according to a post on his LinkedIn Tuesday. "AI is accelerating at an incredible pace," he wrote. "The impact of Claude Code in the last 6 months, and particularly the last two months, just shows the power of what is possible." Anthropic has seen strong growth in demand for its AI products, including Claude Code, which helps streamline the process of writing and debugging software. More recently, the company has struggled at times to keep its services online after what it described as "unprecedented demand" from everyday users, as well as business customers. The company is working to build additional cloud computing capacity to meet that usage, including committing to spend $50 billion to build AI data centers in the US. By comparison, rival OpenAI has said it plans to spend about $600 billion on infrastructure for AI by 2030. Boyd previously oversaw Microsoft's AI platform, enabling deployment of large language models by both customers and internal teams. He reported to Executive Vice President Jay Parikh and oversaw about 1,500 workers, according to a recent organizational chart seen by Bloomberg. Prior to his 16 years at Microsoft, he held leadership roles at Yahoo. Microsoft didn't immediately respond to a request for comment. Boyd's planned hiring was previously reported by tech outlet Newcomer. "His experience leading infrastructure at enterprise scale will help ensure we can meet record demand from customers around the world," wrote Rahul Patil, Anthropic's chief technology officer, on LinkedIn. More stories like this are available on bloomberg.com
Intel teams up with SpaceX, Tesla and xAI on TeraFab project
Intel Corp (NASDAQ:INTC, XETRA:INL) has announced that it is joining Elon Musk's TeraFab initiative, a project aimed at building large-scale semiconductor fabs to supply chips for AI, robotics, and space applications. The announcement was made on Tuesday via a post on Musk's social media platform X, without accompanying press releases or filings. Intel stated that its expertise in chip design, fabrication, and packaging could support TeraFab's goal of producing 1 terawatt per year of compute for next-generation AI and robotics systems. "Intel is proud to join the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology," the post read. "Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab's aim to produce 1 TW/year of compute to power future advances in AI and robotics." The post included a photo of Musk with Intel CEO Lip-Bu Tan, noting that Musk had visited Intel over the weekend. TeraFab, originally introduced as a joint venture between Tesla Inc (NASDAQ:TSLA) and SpaceX, now also includes Musk's AI startup, xAI. According to Musk, the project aims to produce chips for Tesla's robotaxis and Optimus robots, as well as specialized semiconductors for SpaceX's planned network of AI-powered orbital data centers. Shares of Intel added 4.4% at about $53 on the news, while Tesla shares were down 2.9% at $343.
Traffic chaos as rainstorm rips through new Kugbo Bus Terminal
A powerful rainstorm on Tuesday afternoon wreaked havoc on the newly inaugurated Kugbo Bus Terminal, tearing off its roof and causing significant traffic disruptions along the busy Abuja-Keffi highway. The incident, which occurred at approximately 3:30 p.m. during a heavy downpour, left the facility -- one of three major bus terminals commissioned in June 2025 -- severely damaged. It was gathered that large sections of the roofing were blown across both sides of the dual carriageway, forcing motorists to navigate carefully around the debris. The destruction has led to a major traffic bottleneck on the Abuja-Keffi road, a critical artery for commuters entering and leaving the Federal Capital Territory. As of this evening, security personnel and traffic management officials are working to clear the road. Compounding the scene, local scavengers were seen braving the intense weather to collect metallic parts and other materials salvaged from the collapsed structure. These activities further hampered the flow of traffic as items were dragged across the lanes. Reacting to the incident, Senior Special Assistant to the FCT Minister, Public Communications and Social Media, Lere Olayinka said from preliminary reports, no one was injured, and no vehicle was damaged. According to him, to prevent breakdown of law and order, as well as free flow of traffic, the FCT Minister, Nyesom Wike, has directed that security men be deployed to the scene, while immediate action will be taken towards fixing the damages caused by the windstorm. The Kugbo Bus Terminal was part of a major urban transport infrastructure project inaugurated by the FCT Administration in June 2025, designed to modernize public transit and reduce congestion within the city. The facility was intended to serve as a hub for mass transit vehicles, though it was not yet fully operational at the time of the collapse. The extent of the structural damage remains under assessment, and it is unclear how this incident will impact the scheduled operational timeline for the terminal.
Tech stocks today: Broadcom expands partnership with Google, Anthropic
US tech stocks were on a weaker footing in premarket trading as investors looked toward hopes for a truce in the war in Iran. The hostilities in the Middle East have weighed on tech stocks for weeks, clouding the picture of whether investors are pulling back because of the war or because of sentiment toward Big Tech more generally. On the AI front, Broadcom (AVGO) expanded its collaboration with Google (GOOG) to supply the Big Tech company with custom chips and networking and agreed to provide additional compute capacity to Anthropic (ANTH.PVT). On Monday, OpenAI released a series of policy proposals, which it says are meant to start a conversation about how governments should address the projected social disruption AI will cause, from social safety nets to taxes. Meanwhile, anticipation continues to build around two major IPOs: one from Anthropic expected as early as this year, as well as the public debut of Elon Musk's rocket company, SpaceX (SPAX.PVT). On Thursday, Bloomberg News reported that SpaceX was chasing a $2 trillion valuation. That figure would put SpaceX's valuation above that of Musk's Tesla (TSLA), which had a rough week after its first quarter delivery numbers missed estimates.
How to invest in SpaceX before the IPO
It appears there is no article text provided. Please provide the article(s) for summarization. Caroline Woods SpaceX isn't public yet, but there are ways for everyday investors to own a piece of it. Joining me to discuss is Yuri Khodjamirian, CIO of ETFs. Yuri, thanks so much for being here. Yuri Khodjamirian Thank you for having me. Caroline Woods So one of those ways is through your ETF, the Space Innovators ETF, ticker symbol NASA, NASA. You've said that a space ETF without space is like a semiconductor ETF without Nvidia. So so tell us, because space is still private for a few months, your ETF offers access through the private markets. Yuri Khodjamirian Absolutely. And yes, it does. It's really important that when you're constructing an ETF that gives exposure to the space economy, that you include the most important company in the space economy. And I think, people, as the company comes public through IPO, will start to realize how important this company has been, not just in terms of its size and valuation, but really about how it's driven innovation within the space economy. Yuri Khodjamirian I mean, it's single handedly taken down launch costs into the thousands and, you know, declined by 90% and launched what is really the most ubiquitous, low-Earth orbit satellite constellation out there. SpaceX's accounts for more than 50% of all space launches. And as you said, it's impossible to imagine a space ETF without SpaceX in it. And it's worth going through all of the effort required to get a private holding into an ETF. Yuri Khodjamirian To give investors access to it. Caroline Woods Help us understand just how dominant is SpaceX right now and how much of the entire ecosystem depends on it? Yuri Khodjamirian I think the dominance starts really from the technological barrier that SpaceX has pushed. You know, they have the first reusable booster. They are the company that has taken launch costs down by 90% since the times of the space shuttle. And the lower launch costs go. The more things it enables in space, the orbital economy, you know, we're going to start to be able to put data centers up there to manufacture in space. Yuri Khodjamirian And all of that is really made possible by the technological advancements that SpaceX has made. So it's really single handedly that force that has pushed this forward. The second thing it's done is made SpaceX a much more commercial enterprise, and it has been before. Historically, SpaceX has been really government focused and civil aerospace focused. But SpaceX has pushed the boundaries and made it commercial, not just in terms of the commercial availability of things like Starlink, but also the fact that they've really made it into a production economy. Yuri Khodjamirian Try launch rockets, fail, try again, set up a constellation of satellites and sell in the thousands, which allows this kind of constant recycling and improvement. And that has been a massive innovation that governments around the world have now woken up to and are starting to take innovation from. The final days, of course, just its sheer dominance and market share, right? Yuri Khodjamirian The number of launches successful launches, the number of satellites on space. A lot of that is down to SpaceX. They have a very, very large market share in terms of the launch market. So it's the most important and most dominant company in the space economy. Caroline Woods I one more question about SpaceX and then we'll broaden it out. But I'm curious about if and when SpaceX actually IPO's. What happens then. Do you think that's the moment that this all kind of goes mainstream, or could it actually be when early investors start to take profits? Yuri Khodjamirian It's going to be very interesting moment. I think this IPO is going to be unusual in many, many respects. Its retail participation index inclusion, and the fact that it's going to be the largest IPO ever by some margin. And of course, the large valuations are being talked about for us. I think the most important thing, as advocates and investors in the space economy is just going to be more and more eyeballs on the space economy. Yuri Khodjamirian I think for most investors, it was a part of the market you could ignore before. And now investors are going to have to start to look because space is going to be part of their benchmarks. It's going to be very much in the minds eye as one of the largest public companies in the world. And so it is going to hopefully create this powerful dynamic where more and more investors are going to be looking at the space and analyzing space companies driving interest there, and also discernment between the good companies and the bad companies as well. Caroline Woods As we think about the drivers that are making this an investable opportunity. Which one do you think investors are most underestimating? Right now? Yuri Khodjamirian Yeah, I think it's often, as it happens with technological innovation. Costs come down and they start to hit the sort of inflection point where the declines start to open up new opportunities. We've seen the advent of low Earth orbit satellites, and really, it's a huge innovation. A lot of people don't know, but there are 2.5 billion, some estimates, 4 billion people in the world that have no internet coverage and space allows this to happen because they can beam internet from really to any point in the world. Yuri Khodjamirian The costs are so high, you know, $100 per month for some parts of the world, but for others, it's actually competitive with, you know, landline and, and fiber. And so it creates broadband art. So it's creating opportunities on Earth. And then as and I think those are underestimated in terms of what it's unlocking just here on Earth. Yuri Khodjamirian And as these costs continue to fall, we start to unlock more and more things in orbit. We can take up more material as a launch costs for, you know, dollars per kilo goes down and we can start to build things there. Manufacturing proteins in orbit is much, much more efficient. Manufacturing semiconductors is also a possibility. And you could start to think about data centers in space, which is Elon Musk's big push on innovation and the why. Yuri Khodjamirian Why does it make sense to put him up there? Well, the fact that the sun provides infinite energy and you can capture it up in space much more efficiently, and the fact that you can dissipate heat much more recently. So it makes sense that these things start to open up and create new opportunities. And I think investors are really missing that inflection point. Yuri Khodjamirian We've had 20 years of innovation, have pushed launch costs down, and we're now entering that inflection points where it's enabling more and more of new things to be put up in orbit and new opportunities for mankind and beyond. Caroline Woods Okay, so a lot of focus on Elon Musk and SpaceX, but you have a whole ETF of, SpaceX holdings, if you will. So talk to us about some of the other names and maybe some names that might surprise investors. Yuri Khodjamirian Absolutely. Look, I think I'd highlight sort of three key areas. The first is, the kind of sovereign competitive nature of space. SpaceX has been part of this, but I think investors and governments around the world have realized that they need to back local champions. You know, whether it's Germany, Japan, France, Italy, all of them are investing vast sums of money to build their own launch platforms and to be able to send up their own satellites and things like that. Yuri Khodjamirian And this globalization of space is creating, growth opportunities in international companies. So now third of the ETF is invested in some really interesting international businesses that are going to be the local champions. The reality is we can't have SpaceX dominating the world for a long time. And we need to find alternative launch platforms, especially if you're a government based buyer. Yuri Khodjamirian And this is what's happening. The second piece of the kind of the investment universe that we think is really interesting is the suppliers into the space economy. These are high quality businesses. They are very interesting and they're often massively overlooked by investors. So here I'm talking about companies like tronic in the UK or Sphere in Korea. They're providing various components that go into satellites and rockets. Yuri Khodjamirian Sphere builds, special alloys for space X, and so tronic provides a lot of the equipment for beaming some of the important data links between ground stations and, the satellites themselves. So we think these businesses are missed, as investors focus on some of the more well-known companies, you know, like the Rocket Labs and T-Mobile's of the world. Yuri Khodjamirian And so we think those are also interesting, but the real value is in finding those under the radar suppliers. And some of those international champions. Caroline Woods If I already own defense or aerospace names in my portfolio, why do I need this ETF? Yuri Khodjamirian That's a great question. I think the main argument against maybe some of the more legacy businesses is the point. I made about how the space economy has moved into this commercial gear and fence businesses previously served space in terms of serving governments and and also serving civil agencies like NASA. And these businesses, would have thousands of suppliers and then assemble these very complex, expensive pieces of equipment to send up into space of $600 million satellites. Yuri Khodjamirian And we're very much moved past that. We're in the commercial stage, and you need a new set of suppliers and a new set of innovative companies. And so, in our view, these legacy businesses are ones that are maybe not as interesting. And are going to be slower growing, and the revenues from those business are going to be disrupted by the newer players, whether it's Space-x or Rocket Lab or any of its kind of peers in terms of launch side or the newer low-Earth orbit satellites as well. Yuri Khodjamirian So we think that it's a bifurcation in the space economy. There are fast growing businesses that you want to get exposure to. And then there are legacy aerospace and defense focused businesses where the growth is a lot slower than it was or than it is. Caroline Woods Okay, so bottom line for the everyday investor thinking about investing in space, what's one key point or one key risk that they need to be aware of? Yuri Khodjamirian Well, I think the most important point is to understand what the falling launch costs are going to enable. And how quickly these things will transform, thanks to the companies and what they pushed forward in terms of technological innovation. I mean, it's not beyond the realms of possibility to start to think about launch costs going down to the level of like and what Musk talks about in the hundreds of dollars, which might allow point to point travel in Earth in 45 minutes. Yuri Khodjamirian And this is an incredible piece of innovation, and that I think investors should be focused on. That's going to help a lot of companies in the space economy, and a lot of them will kind of list all boats in that sense. I think in terms of risks. Look, as with all of these things, there, this is a risky endeavor. Yuri Khodjamirian SpaceX historically is about you rockets blowing up and things failing. It's a harsh environment out there. So you want to be looking for companies that are quality, that are able to weather the storm in terms of their financials, also have the best kind of technology and proven platforms. And that necessarily means that you want to be very selective in the types of companies that you pick. Yuri Khodjamirian So, for example, looking at some of the suppliers and an interesting way to play quality exposure in the space economy. Caroline Woods Okay. We'll leave it there. Yuri Khodjamirian CIO of TEMA ETFs, thanks so much for shedding some light on the space. No pun intended. Really appreciate it. Yuri Khodjamirian My pleasure. Thank you very much.
The Apache Software Foundation Announces $1.5M Donation from Anthropic
Wilmington, DE, April 07, 2026 (GLOBE NEWSWIRE) -- The Apache Software Foundation (The ASF), the global home of open source software the world relies on, today announced a $1.5M donation from Anthropic to support the ASF's infrastructure, security, and community behind its widely used open source projects. Many of the technologies that power today's software ecosystem are built on Apache projects - from data infrastructure and cloud-native systems to developer tooling and web platforms. These projects depend on robust, vendor-neutral infrastructure operated by The ASF to remain secure, scalable, and accessible to contributors worldwide. As software development accelerates - driven in part by rapid advancements in AI - the need for trusted, independent open source infrastructure has never been greater. The ASF provides the foundation that allows thousands of contributors and hundreds of projects to collaborate effectively and securely, working to ensure that critical software remains reliable, transparent, and freely available. "AI is accelerating rapidly, but it's built on decades of open source infrastructure that must remain stable, secure, and independent," said Vitaly Gudanets, Chief Information Security Officer, Anthropic. "Supporting the Apache Software Foundation is a direct investment in the resilience and integrity of the systems that modern AI - and the broader software ecosystem - depend on." The ASF's role extends beyond hosting code. It provides governance, security oversight, legal protection, and operational infrastructure that enables open source communities to thrive without reliance on or influence by any single vendor. This model has helped establish Apache projects as foundational components of modern digital systems. Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Open source software developed under The ASF powers everything from global financial systems and healthcare platforms to transportation networks and the open web. While often invisible to end users, ASF infrastructure is essential to the functioning of modern society. "Open source software is the foundation of modern digital life - largely in ways the average person is completely unaware of - and ASF projects are a critical part of that. When it works, nobody notices, and that's exactly the goal," said Ruth Suehle, President of The ASF. "But that kind of reliability isn't a given. It is the result of sustained investment in neutral, community-governed infrastructure by each part of the ecosystem. Support like Anthropic's helps ensure long-term strength, independence, and security of the systems that keep the world running." Advertisement This donation will help fund the ASF's ongoing investment in infrastructure, including build systems, security processes, project services, and community support - ensuring that Apache projects can continue to serve as a backbone of the global software ecosystem. Learn more about how you can support the ASF at https://apache.org/foundation/sponsorship. About Anthropic Anthropic is an AI safety company building reliable, interpretable, and steerable AI systems. As a Public Benefit Corporation, Anthropic conducts frontier AI research while prioritizing safety through empirical testing and responsible development. The company's mission is to ensure transformative AI benefits humanity - a commitment that shapes every product, including Claude. Advertisement About The Apache Software Foundation The Apache Software Foundation (The ASF) is the global home for open source software, powering some of the world's most ubiquitous software projects, including Apache Airflow, Apache Camel, Apache Cassandra, Apache Groovy, Apache HTTP Server, and Apache Kafka. Established in 1999, The ASF is at the forefront of open source innovation, setting industry standards to advance software for the public good. The ASF's annual Community Over Code event is where open source technologists convene to share best practices and use cases, forge critical relationships, and learn about advancements in their field. © 2026 The Apache Software Foundation. "Apache" is a registered trademark or trademark of the Apache Software Foundation in the United States and/or other countries. All other brands and trademarks are the property of their respective owners. Advertisement Media Contact [email protected] CONTACT: Brian Proffitt [email protected] Advertisement Vice President, Marketing & Publicity
Bezos poaches xAI cofounder from OpenAI for his Project Prometheus startup
The company's planned foldable iPhone has run into engineering problems during testing, and mass production could be delayed as a result, according to a report from Nikkei Asia. The complexity of the novel design is reportedly taking longer than expected to perfect, and could push back the product's launch by months. Per the report, Apple planned to initially produce 7 million to 8 million of the foldable iPhones, which it intends to position as a premium entry in the new iPhone lineup. This would be the second Apple foldable product that has faced delays due to engineering problems, as Bloomberg reported that a $3,000 foldable iPad would be delayed until 2029 or later.
Fuel price protest causes chaos on Galway City roads
About 100 tractors and 100 trucks from across North Galway assembled at the West Wing in Tuam from 5.30am and travelled in convoy to Lough Atalia in the city. Some travelled on the old Galway Road through Claregalway and others went on the M6 Motorway. They were joined by convoys of dozens of vehicles travelling slowly from Moycullen and Loughrea to Galway during morning rush hour. Traffic was moving reasonably okay by mid-morning, despite the protest, as schools remained off for Easter. Among the protestors were two Fine Gael Galway County Councillors, Andrew Reddington from Headford and Peter Keaveney from Glenamaddy, despite their party being part of the Government Coalition. Councillor Reddington told the Tribune that local hauliers and farmers had asked him to join them. "I was not going to turn my back on them," he said. Independent Ireland Councillors Noel Thomas and Declan Geraghty were prominent, while Orla Nugent, Aontú's Galway West bye-election candidate was there too. "We support the demand for green diesel to be capped at €1 a litre and for white diesel to be capped at €1.70 a litre," said Councillor Reddington. An Garda Síochána said it respected the right of citizens to peaceful protest but had to balance that with "the rights of individuals to travel freely and commercial organisations to conduct business." Ms Nugent warned that agricultural and forestry contractors were being "driven to the wall" by the spiralling fuel crisis, with diesel cost increases of up to 70%. She said a full silage operation could cost an additional €3,240 per job, contributing an estimated €244 million burden across the sector. "These are the cold, hard figures faced by the people who cut our silage, harvest our crops, and keep food production moving. When their engines fall silent, the entire country feels it," she said. Protestors said the Government relief to date was insufficient.
Broadcom Surges 6% as AI Deals With Google and Anthropic Supercharge Revenue Visibility
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) shares are up 6% in midday trading on Tuesday, rising from $314.43 to nearly $333 as the company announced landmark long-term AI supply agreements with Alphabet's (NASDAQ:GOOGL) Google and AI startup Anthropic. The move is especially notable because it's happening while the broader tech sector is sliding, with the Invesco QQQ Trust (NASDAQ:QQQ) shares down 0.56% today. Broadcom is bucking the trend, rising quickly even while the broader NASDAQ 100 slides. While macro uncertainty continues to weigh on most tech names, Broadcom's AI-specific pipeline is giving investors something concrete to rally around: durable, long-term revenue commitments from two of the most significant players in the AI infrastructure buildout. That said, it's worth keeping today's move in context. Despite the surge, AVGO shares remain down 4% year-to-date as of yesterday's close, reflecting the turbulent start to 2026 for semiconductor stocks broadly. Today's gains are a meaningful step, but they don't erase the recent pressure. The primary catalyst is Broadcom's announcement of a long-term agreement to supply custom AI processors to Alphabet's Google, providing multi-year revenue visibility that the market is clearly rewarding. We recently provided a deeper look at why this deal matters for AI infrastructure. Google's reliance on Broadcom's custom silicon for its Tensor Processing Units (TPUs) is a relationship that's difficult to replicate quickly, and locking it in long-term is a strategic win. The secondary catalyst is an expanded collaboration with Anthropic, cementing Broadcom further into the AI semiconductor supply chain. Anthropic's rapid growth as an AI model developer means its infrastructure needs are scaling fast, and Broadcom's custom accelerators are positioned squarely in the path of that demand. Reddit sentiment shifted sharply alongside the announcements. On wallstreetbets, a post titled "BROADCOM INC AND GOOGLE ENTER LONG-TERM TPU AND NETWORKING SUPPLY AGREEMENT THROUGH 2031" reached 280 upvotes and 55 comments by early Tuesday morning, reflecting genuine retail enthusiasm for the deal's long-term implications. Today's deals don't come out of nowhere. Broadcom's most recent earnings, reported March 4, showed AI semiconductor revenue of $8.4 billion in Q1 fiscal 2026, up 106% year-over-year, doubling in a single year. Total revenue came in at $19.31 billion, beating the consensus estimate of $19.14 billion and growing 29.47% year-over-year. Broadcom CEO Hock Tan set an ambitious target on that call, asserting, "Our AI revenue growth is accelerating, and we expect AI semiconductor revenue to be $10.7 billion in Q2." He has also stated a goal of exceeding $100 billion in AI sales by 2027. Today's deal announcements make that target feel considerably more credible. Broadcom's Q2 fiscal 2026 revenue guidance of approximately $22 billion, representing 47% year-over-year growth, was already a bold forecast. Long-term supply agreements with Google and Anthropic provide the kind of demand visibility that makes that number look increasingly achievable rather than aspirational. In a macro environment where uncertainty is elevated and tech valuations are under pressure, long-term supply contracts function like a visibility premium. Investors can model future revenue with more confidence when hyperscalers are locked into multi-year agreements, and that confidence is worth something real in a market that's been punishing ambiguity. Broadcom's custom AI accelerator business is structurally different from general-purpose GPU suppliers. These are bespoke chips designed to a customer's exact specifications, making switching costs extremely high. That's a competitive moat that's hard to quantify but easy to appreciate when you see Google committing to a supply agreement stretching years into the future. Analyst consensus for AVGO stock remains firmly bullish, with 48 buy ratings, 2 hold ratings, and zero sell ratings, and a consensus price target of $471.55. Broadcom stock's 52-week high of $412.95 suggests there's meaningful room above today's price if the AI partnership thesis continues to play out. Watch for whether today's gains hold into the close, particularly given the broader market's weakness. If AVGO stock can finish the session solidly above $330, that could signal conviction behind the AI deal narrative rather than a reflexive intraday pop. Broadcom also recently appointed Amie Thuener, Alphabet's chief accounting officer since 2018, as its new CFO, effective June 12. That hire deepens the organizational ties between Broadcom and its largest AI customer, and it's a detail worth watching as the Google partnership evolves through the year.
Broadcom Inks Major AI Chip Deals With Google and Anthropic
Anthropic is increasing its commitment to using Google's TPUs to power its frontier AI models. The rise of artificial intelligence (AI) has sparked a data center boom needed to support the technology. While graphics processing units (GPUs) supported the first wave of AI adoption, power consumption has become an important consideration, prompting some operators to seek energy-saving alternatives. Broadcom (NASDAQ: AVGO) has profited from this trend, as its Application-Specific Integrated Circuits (ASICs) have become a viable alternative to GPUs. These specialized chips can be customized to specific use cases to be more efficient. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " The networking and AI chip specialist just signed major agreements with Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google and AI start-up Anthropic to design and produce the next generation of AI processors. Image source: The Motley Fool. In a regulatory filing with the Securities and Exchange Commission (SEC) that dropped after the market close on Monday, Broadcom announced a new five-year deal to develop and build future versions of Google's Tensor Processing Units (TPUs). Broadcom has been a key design partner of Google's for more than a decade, and this latest agreement expands on that existing collaboration. The pair have been co-designing custom TPUs since 2016, and the seventh generation, dubbed Ironwood, is now in production. Broadcom will also supply networking and other components used to build rack servers for Google's data centers through 2031. In a separate deal, Broadcom and Google expanded their strategic collaboration with Anthropic. The deal will provide the AI start-up with access to 3.5 gigawatts of TPU-based compute capacity to run its Claude AI model beginning in 2027, "deepening" the company's existing presence on Google Cloud. In a blog post heralding the agreement, Anthropic noted that "This significant expansion of our compute infrastructure will power our frontier Claud models and help us serve extraordinary demand from customers worldwide." CFO Krishna Rao called the deal a "groundbreaking partnership" and "our most significant compute commitment to date to keep pace with our unprecedented growth." Broadcom has seen demand for its ASICs skyrocket as data center operators shift their focus from raw compute power to energy savings, and the company has profited handsomely from this shift. In its fiscal 2026 first quarter (ended Feb. 1), Broadcom generated record revenue, up 29% year over year to $19.3 billion, driving adjusted earnings per share (EPS) up 28% to $2.05. That's likely just the beginning. CEO Hock Tan said, "We have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027." For context, the company's total revenue was less than $64 billion in fiscal 2025, and its AI semiconductor revenue was just $8.4 billion in Q1, underscoring the magnitude of the growth ahead. For investors looking to start a position or add to an existing one, now is the time. Broadcom is currently trading at just 29 times forward earnings and has a price/earnings-to-growth (PEG) ratio of 0.44, when any number less than 1 is the benchmark of an undervalued stock. Before you buy stock in Broadcom, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Broadcom wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $533,522!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,089,028!* Now, it's worth noting Stock Advisor's total average return is 930% -- a market-crushing outperformance compared to 185% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. Danny Vena, CPA has positions in Alphabet and Broadcom. The Motley Fool has positions in and recommends Alphabet. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.
Anthropic Commits $200 Million To AI Venture With Private Equity Titans
Anthropic is gearing up to invest $200 million in a new venture that plans to sell artificial intelligence tools to portfolio companies. The broader fundraising target under discussion is $1 billion, including Anthropic's $200 million. The new company would serve as a consulting arm for Anthropic and would focus on getting the company's AI tools embedded in day-to-day operations. The new entity would show management teams how to work the AI products into workflows rather than simply selling subscriptions. The move comes as AI developers compete to convert corporate interest in automation into recurring revenue. OpenAI is exploring a similar partnership model with private-equity firms TPG, Advent International, Bain Capital and Brookfield Asset Management to accelerate adoption of its own software, Reuters reported last month. With a pre-money valuation of approximately $10 billion, the deal could help OpenAI fast-track its entry into the corporate market while offering private equity firms a way to support portfolio companies facing AI-driven disruption. OpenAI has shifted its Chief Operating Officer, Brad Lightcap, to that internal project, known inside the company as DeployCo, the WSJ reported. In February, Fidji Simo, an executive at OpenAI made a post on X describing a plan to send engineers into companies to help staff learn and apply the technology. "We are launching a dedicated deployment arm tasked with embedding Forward Deployed Engineers deeply inside of enterprises. This project has been in the works with our investor and alliance partners since last December, and we are grateful for them and their partnership." "We're still early, but the speed of adoption is a clear signal of where this is headed. We're excited to not just be building these technologies but also building many ways for companies to deploy them and get impact," Simo wrote. Photo: Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX Starship V3 Engine Goes Up in Flames at Texas Site
A significant fire erupted at a SpaceX facility in Texas during a test of the Starship rocket's engines ahead of a long-anticipated test flight. SpaceX is in the process of preparing Starship Version 3 for its upcoming launch debut, which is currently slated for sometime in May. During a test of the Raptor engines at the McGregor test site on Monday, a huge explosion was seen from outside the facility. NASASpaceflight captured the explosion on video during its livestream of the McGregor facility, revealing footage of the test site smothered in burning flames and a cloud of smoke. Starship V3 is an upgraded version of the megarocket that’s bigger and more powerful. The rocket is equipped with a more efficient version of its engines, the third-generation Raptor engines. The Raptor 3 engines boast 280 metric tons of thrust compared to Raptor 2’s 230 metric tons, while being lighter in weight and having significantly fewer parts. The recent explosive incident took place during the second test of the day of the Raptor 3 engine, according to NASASpaceflight. The engine may have experienced an anomaly during the test, leading to a huge plume of smoke that was followed by an explosion from the test stand itself. This isn't the first time a Raptor engine test has ended up in flames. In May 2025, a Raptor 2 engine experienced an anomaly that led to a fiery explosion that engulfed the test stand at the company's Texas facility. Starship Version 2 lifted off for the last time in October 2025, paving the way for the upgraded version of the rocket to take flight. It is taking a while, though. Earlier this year, SpaceX CEO Elon Musk announced that Starship V3's debut flight would take place sometime during the second week of March. By mid-March, the rocket's inaugural liftoff had moved to April as SpaceX continued to run tests on Starship and its engines. Most recently, SpaceX again delayed Starship V3's test flight to May. The latest incident at the company's test facility will likely not impact the upcoming launch of Starship. The company runs qualification tests of the rocket's engines before incorporating them into Starship to make sure they meet safety standards. During those tests, some accidents are bound to happen, and that explosion, though it looks serious, may be a minor hiccup.
Broadcom Inks Major AI Chip Deals With Google and Anthropic | The Motley Fool
Anthropic is increasing its commitment to using Google's TPUs to power its frontier AI models. The rise of artificial intelligence (AI) has sparked a data center boom needed to support the technology. While graphics processing units (GPUs) supported the first wave of AI adoption, power consumption has become an important consideration, prompting some operators to seek energy-saving alternatives. Broadcom (AVGO +5.78%) has profited from this trend, as its Application-Specific Integrated Circuits (ASICs) have become a viable alternative to GPUs. These specialized chips can be customized to specific use cases to be more efficient. The networking and AI chip specialist just signed major agreements with Alphabet's (GOOGL +0.85%) (GOOG +1.05%) Google and AI start-up Anthropic to design and produce the next generation of AI processors. In a regulatory filing with the Securities and Exchange Commission (SEC) that dropped after the market close on Monday, Broadcom announced a new five-year deal to develop and build future versions of Google's Tensor Processing Units (TPUs). Broadcom has been a key design partner of Google's for more than a decade, and this latest agreement expands on that existing collaboration. The pair have been co-designing custom TPUs since 2016, and the seventh generation, dubbed Ironwood, is now in production. Broadcom will also supply networking and other components used to build rack servers for Google's data centers through 2031. In a separate deal, Broadcom and Google expanded their strategic collaboration with Anthropic. The deal will provide the AI start-up with access to 3.5 gigawatts of TPU-based compute capacity to run its Claude AI model beginning in 2027, "deepening" the company's existing presence on Google Cloud. In a blog post heralding the agreement, Anthropic noted that "This significant expansion of our compute infrastructure will power our frontier Claud models and help us serve extraordinary demand from customers worldwide." CFO Krishna Rao called the deal a "groundbreaking partnership" and "our most significant compute commitment to date to keep pace with our unprecedented growth." Broadcom has seen demand for its ASICs skyrocket as data center operators shift their focus from raw compute power to energy savings, and the company has profited handsomely from this shift. In its fiscal 2026 first quarter (ended Feb. 1), Broadcom generated record revenue, up 29% year over year to $19.3 billion, driving adjusted earnings per share (EPS) up 28% to $2.05. That's likely just the beginning. CEO Hock Tan said, "We have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027." For context, the company's total revenue was less than $64 billion in fiscal 2025, and its AI semiconductor revenue was just $8.4 billion in Q1, underscoring the magnitude of the growth ahead. For investors looking to start a position or add to an existing one, now is the time. Broadcom is currently trading at just 29 times forward earnings and has a price/earnings-to-growth (PEG) ratio of 0.44, when any number less than 1 is the benchmark of an undervalued stock.
Anthropic Poaches Microsoft Executive to Lead Infrastructure
Anthropic PBC has hired a senior leader from Microsoft Corp. to lead its push to establish the infrastructure needed to support growing adoption of its artificial intelligence services. Eric Boyd will serve as head of infrastructure at Anthropic, according to a post on his LinkedIn Tuesday. "AI is accelerating at an incredible pace," he wrote. "The impact of Claude Code in the last 6 months, and particularly the last two months, just shows the power of what is possible." Anthropic has seen strong growth in demand for its AI products, including Claude Code, which helps streamline the process of writing and debugging software. More recently, the company has struggled at times to keep its services online after what it described as "unprecedented demand" from everyday users, as well as business customers. The company is working to build additional cloud computing capacity to meet that usage, including committing to spend $50 billion to build AI data centers in the US. By comparison, rival OpenAI has said it plans to spend about $600 billion on infrastructure for AI by 2030. Boyd previously oversaw Microsoft's AI platform, enabling deployment of large language models by both customers and internal teams. He reported to Executive Vice President Jay Parikh and oversaw about 1,500 workers, according to a recent organizational chart seen by Bloomberg. Prior to his 16 years at Microsoft, he held leadership roles at Yahoo. Microsoft didn't immediately respond to a request for comment. Boyd's planned hiring was previously reported by tech outlet Newcomer. "His experience leading infrastructure at enterprise scale will help ensure we can meet record demand from customers around the world," wrote Rahul Patil, Anthropic's chief technology officer, on LinkedIn.
Anthropic ups compute deal with Google and Broadcom amid skyrocketing demand - RocketNews
AI research lab Anthropic announced Monday that it signed a new agreement with Google and Broadcom for increased processing and compute capacity to power its Claude AI models. This reworking of its compute deals comes as demand for its AI models continues to soar. The deals would expand Anthropic's use of Google Cloud's tensor processing units, or TPUs, the company's advanced AI chips, and is an expansion of the deal the companies struck in October 2025 for more than a gigawatt of compute capacity. This new compute capacity will come online in 2027, Anthropic said in a blog post. The company did not give specifics for its compute expansion, but a recent Broadcom SEC filing shows the deal includes 3.5 gigawatts of compute. The majority of this compute will be housed in the U.S. and will be an extension of the company's $50 billion commitment to invest in U.S. compute infrastructure, Anthropic said in the post. "This groundbreaking partnership with Google and Broadcom is a continuation of our disciplined approach to scaling infrastructure: we are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development," Krishna Rao, CFO of Anthropic, said in the press release. "We are making our most significant compute commitment to date to keep pace with our unprecedented growth." Anthropic did not respond to TechCrunch's request for comment. The company has seen demand for its Claude models explode in recent months, buoyed by enterprise customers and despite the U.S. Defense Departments's labeling of Anthropic a supply chain risk. Anthropic also recently closed a $30 billion Series G funding round that valued the company at $380 billion. The company's run rate revenue is now $30 billion, the company announced, marking a drastic jump from the $9 billion the company recorded at the end of 2025. Anthropic also has more than 1,000 business customers spending more than $1 million on an annualized bas ...
Broadcom shares pop 5% to 3-week high on long-term Google, Anthropic chip deals | Stock Market News
Disclaimer: We advise investors to check with certified experts before making any investment decisions. Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.
Claude, OpenClaw and the new reality: AI agents are here -- and so is the chaos - RocketNews
The age of agentic AI is upon us -- whether we like it or not. What started with an innocent question-answer banter with ChatGPT back in 2022 has become an existential debate on job security and the rise of the machines. More recently, fears of reaching artificial general intelligence (AGI) have become more real with the advent of powerful autonomous agents like Claude Cowork and OpenClaw. Having played with these tools for some time, here is a comparison.First, we have OpenClaw (formerly known as Moltbot and Clawdbot). Surpassing 150,000 GitHub stars in days, OpenClaw is already being deployed on local machines with deep system access. This is like a robot "maid" (Irona for Richie Rich fans, for instance) that you give the keys to your house. It's supposed to clean it, and you give it the necessary autonomy to take actions and manage your belongings (files and data) as it pleases. The whole purpose is to perform the task at hand -- inbox triaging, auto-replies, content curation, travel planning, and more.Next we have Google's Antigravity, a coding agent with an IDE that accelerates the path from prompt to production. You can interactively create complete application projects and modify specific details over individual prompts. This is like having a junior developer that can not only code, but build, test, integrate, and fix issues. In the realworld, this is like hiring an electrician: They are really good at a specific job and you only need to give them access to a specific item (your electric junction box). Finally, we have the mighty Claude. The release of Anthropic's Cowork, which featured AI agents for automating legal ...
Polymarket's $7.1m fee week turns it into DeFi's prediction‑market tollbooth
Polymarket's late‑march fee overhaul has instantly transformed it into one of defi's richest protocols, with weekly fees topping $7.1m and regulators circling. Polymarket has turned a controversial March 30 fee reform into a money machine, hauling in roughly $7.1 million in trading fees in the first week of Q2 and putting itself among the highest‑earning protocols in DeFi. According to data cited by DefiOasis and DeFiLlama, that weekly tally translates into a revenue run‑rate in the $355-$365 million range if daily fees stay near $1 million. One industry data note estimates that on‑chain prediction markets generated just over $7 million in aggregate fees over the same period, with Polymarket responsible for roughly 96.8% of the total. The inflection point is a March 30 pricing overhaul that ended Polymarket's quasi‑free era and extended taker fees across nearly all categories, including politics, finance, economics, culture, weather and tech, while keeping geopolitics free. KuCoin's coverage of the change notes that daily fees jumped from about $363,000 before the switch to more than $1 million within days, with revenue (after incentives) briefly touching $995,000. A separate projection from March 24 suggested the new parameters would support $800,000 to $1 million in daily income on roughly $9.55 billion in 30‑day trading volume, implying about $25 million per month, or around $300 million per year. Higher take rates have not yet scared away flow. DeFiLlama figures cited in recent reports put Polymarket's total value locked at about $432 million, close to levels seen around the 2024 U.S. presidential election, when the platform processed roughly $3.3 billion in bets on the race. With daily fee revenue hovering around seven figures, Polymarket now sits alongside leading DEXs and liquid‑staking platforms on DeFi leaderboards, an unusual position for a prediction‑market venue that only recently began charging most traders. The revenue surge is colliding with a tightening regulatory backdrop. In the U.S., the Commodity Futures Trading Commission issued an advance notice of proposed rulemaking on March 16, 2026, formally seeking comment on how to govern prediction markets and event‑based derivatives, with the window set to close on April 30. Meanwhile, reports highlight more than 10 anti‑prediction‑market bills introduced since January, along with rising scrutiny in Europe, Argentina and other jurisdictions, especially after controversies around politically sensitive markets. Whether Polymarket can sustain a $300‑plus‑million revenue profile while navigating that pressure is now one of the key questions for the on‑chain betting sector.
Iran War Triggers Global Aluminum Supply Crisis and Market Chaos - by Muflih Hidayat (Discovery Alert - April 3, 2026)
Understanding Modern Aluminum Market Vulnerabilities Through Geopolitical Risk Lens Global commodity markets face increasing complexity as traditional supply-demand fundamentals intersect with geopolitical instability. The aluminum industry exemplifies this transformation, where physical infrastructure vulnerability creates unprecedented market dynamics distinct from historical commodity cycles. Unlike speculative price movements driven by financial positioning, current aluminum market stress stems from tangible supply chain destruction that cannot be easily reversed through monetary policy or inventory adjustments. The aluminum supply crisis due to Iran war represents a fundamental shift in how global markets price physical commodity risk. Traditional hedging mechanisms prove inadequate when military conflict directly targets production infrastructure, creating supply inelasticity that financial instruments cannot resolve. This crisis exposes the limitations of globalised supply chains concentrated in geopolitically unstable regions. Market participants who focused on copper scarcity narratives in early 2026 fundamentally misread the evolving supply risk landscape. For the rest of this article: https://discoveryalert.com.au/aluminum-market-vulnerabilities-geopolitical-risk-2026/
Gulf Chaos: Energy Supply and Shipping Crisis Amidst US-Israel-Iran Conflict | Headlines
Tensions have soared as the ongoing U.S. and Israeli conflict with Iran continues to create substantial disruptions across vital energy facilities in the Gulf region. The conflict has critically affected shipping through the strategic Strait of Hormuz, which carries roughly 20% of the world's oil and liquefied natural gas. After President Donald Trump issued an ultimatum to Iran to reopen the Strait, Iran has instead escalated its threats, causing widespread damage to at least 40 key energy infrastructure sites, leading to what the International Energy Agency deems the largest supply disruption in history. The impacts of this disruption are felt across multiple countries, including Saudi Arabia, Kuwait, Qatar, and the UAE, where energy facilities face unprecedented damage, significantly affecting global supply chains and economic stability in the region.
