Consumer Tech (Sep 28-Oct 2): Anthropic Preparing for IPO, Trump Weighs AI Stakes & More
benzinga_article·
- President Donald Trump is reportedly considering taking an equity stake in major artificial intelligence labs like OpenAI and Anthropic, modeled on the government's stake in Intel Corp.
- Micron Technology Inc. reported record fiscal fourth-quarter results driven by soaring NAND revenue, while ON Semiconductor Corp agreed to acquire Synaptics Inc. in an all-cash deal valued at approximately $5.7 billion.
- Anthropic is preparing for a potential public offering that could value the artificial intelligence company at over $2 trillion while addressing governance and policy challenges.
