Anthropic plans to commit 5% of its shares to public benefit fund
The company said the wholly owned fund could support nonprofit donations or direct payments, with governance details to follow.
Globe And Street: global business and finance news
World
Rubio visits Uzbekistan for Central Asia talks with business delegation
More than 200 American business leaders are accompanying the secretary of state as Washington pursues trade, investment and security cooperation.
Tech
Samsung to use TSMC process for Nvidia custom memory, media report says
Nvidia has requested the same manufacturing process from Samsung, SK Hynix and Micron Technology for its NVHBM base dies, the report said.
- WorldRubio visits Uzbekistan for Central Asia talks with business delegation
- MarketsTechnology losses weigh on global stocks as dollar slips
- Economy & PolicyGuterres calls for funding shift to tackle biodiversity loss
- CompaniesAnthropic plans to commit 5% of its shares to public benefit fund
- IPO & DealsSoftBank considers Allied Universal deal at about $18 billion valuation
- Energy & CommoditiesWorld Bank sets $19 billion goal for critical minerals financing
- Crypto & Digital AssetsCrypto chip-stock contracts see nearly $52 million in liquidations
- FinanceNorway panel proposes letting wealth fund invest in nuclear arms makers
- TechSamsung to use TSMC process for Nvidia custom memory, media report says
EU-China agreement limits hybrid car exports and eases rare earths licensing
The deal allows 350,000 Chinese hybrid cars into the EU annually under quotas, as officials question whether concessions will slow work on stronger trade defenses.
Technology losses weigh on global stocks as dollar slips
CoreWeave fell 13% amid scrutiny of AI financing, while Indonesian equities suffered their steepest decline since 1998 following an MSCI decision.
Guterres calls for funding shift to tackle biodiversity loss
The UN chief said $7.3 trillion supported industries damaging nature in 2023, while biodiversity funding remains below half the agreed $200 billion.
Microsoft exits Nscale data center agreement in UK, media report says
Nscale said it remains committed to the Loughton project and is examining alternative power sources after reported delays in securing grid supply.
SoftBank considers Allied Universal deal at about $18 billion valuation
Discussions remain preliminary, with no decision on a price, as SoftBank expands its interest in robotics and AI infrastructure.
World Bank sets $19 billion goal for critical minerals financing
President Ajay Banga outlined a fivefold expansion over five years, with 20 countries identified as potential project partners.
Circle targets expansion into about 40 new markets
CEO Jeremy Allaire said demand is growing across developing regions as the issuer expands following a $400 million acquisition of Tazapay.
Norway panel proposes letting wealth fund invest in nuclear arms makers
The proposed exemption would cover manufacturers in nuclear-weapon states recognized under the NPT that are also Norway’s NATO allies.
Meta removes commercial terms provision amid AI training concerns
The company said its crawling terms applied only to advertising and business products and did not change its use of web crawlers.