AI Summary
Anthropic is planning an initial public offering (IPO) with a target valuation of $1.4 trillion, potentially surpassing SpaceX's previous record. Meanwhile, Nvidia's stock has declined for two consecutive days amid controversy involving its CEO, and SoftBank has reported a $7 billion net loss in the second quarter, marking its first loss in nearly two years.
- Anthropic is pursuing a $1.4 trillion valuation in its IPO, which could raise more funds than SpaceX's initial offering.
- Nvidia shares have fallen for two days following a scandal involving CEO Jensen Huang and an alleged affair with a Chinese spy.
- SoftBank has reported a $7 billion net loss for the second quarter, its first loss in almost two years.
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