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    Anthropic targets $90 billion IPO at $1.4 trillion valuation

    Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.

    Moonshot AI rents Nvidia’s top AI chips in China, documents show

    Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.

    US students raise concerns over ICE deportations and international student safety after mid terms

    Students and faculty at Northeastern University in Boston have raised concerns over US Immigration and Customs Enforcement (ICE), deportation policies and the safety of international students under the Trump administration. The meeting took place a day after Democrats secured major victories in the US midterm elections.

    Stock Picks of the Week: 5 stocks with consistent score improvement and upside potential of up to 35% in 1 year, according to analysts

    The market weathered a whole bad patch with almost no FPI money coming in. But it cuts the other way too. When so little has been flowing in, even a small amount of FPI buying can move the market more than it normally would. That said, the mood has turned from bearish to cautiously optimistic, thanks largely to dropping oil prices. None of that changes your basic job as an investor: Study companies, look at earnings, and keep quality front and centre.

    Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list

    Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.

    India-Pakistan Moon race: With China's help, Pakistan wants to send humans to Moon five years before India

    Pakistani astronaut on Moon: Pakistan has set a target of landing on the Moon by 2035 as it expands its space programme through cooperation with China. Planning Minister Ahsan Iqbal announced that Pakistan’s first astronaut is scheduled to embark on a space mission from China on November 25. The partnership also includes a lunar rover project, while India is pursuing its own human spaceflight and Moon exploration goals.

    The Economic Times
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