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Anthropic has initiated its IPO roadshow, offering 825 million shares at $70–78 each, potentially raising $64.4 billion and valuing the company at $1.4 trillion. The IPO follows significant revenue growth and substantial commitments for compute infrastructure.
Huawei has revealed how its Kirin 9050 series can run a 30-billion-parameter AI model on-device, utilizing its Da Vinci neural processing unit for efficient performance without internet connectivity.