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Technology

Broadcom agrees to provide up to $42B financing for Anthropic AI infrastructure

Broadcom (NASDAQ:AVGO) has agreed to provide Anthropic with up to $42 billion in financing to support the artificial intelligence company’s infrastructure expansion, according to details from Anthropic’s IPO prospectus reported by Reuters.

Leia mais: Broadcom agrees to provide up to $42B financing for Anthropic AI infrastructure
Bloomberg
Financial

Fed's Kashkari on Rates, Inflation, Bond Yields, US Economy

Federal Reserve Bank of Minneapolis President Neel Kashkari says that the central bank "will do what we need to do to get inflation back down to our target." He also addresses the strength of the US economy, lessons learned on supply shocks, and a potential signal from US two-year Treasury yields.

Leia mais: Fed's Kashkari on Rates, Inflation, Bond Yields, US Economy
Bloomberg
Financial

Wei Li on AI Scarcity, Bond Selloff, Energy Price Shock

Wei Li, BlackRock's Global Chief Investment Strategist said the release of new AI agents may "catalyze a wave of AI adoption". In an interview on "The Pulse with Francine Lacqua" on Wednesday September 30, Li also discussed the impact of the energy price shock, saying that the disruption to oil flows in the Strait of Hormuz is creating "macro damage", and that energy is a "big caveat" to their risk-on view.

Leia mais: Wei Li on AI Scarcity, Bond Selloff, Energy Price Shock
Bloomberg
Financial

Fed 'Will Do What We Need to Do' on Inflation, Kashkari Says

Federal Reserve Bank of Minneapolis President Neel Kashkari sees the US economy growing and is surprised by its resilience "in the face of tariffs and the conflict in Iran." He says on "Bloomberg Surveillance" that the central bank "will do what we need to do to get inflation back down to our target."

Leia mais: Fed 'Will Do What We Need to Do' on Inflation, Kashkari Says