Anthropic IPO: Why are Nvidia, Google, Microsoft and AMD investing billions in their own AI competitor? What Big Tech stands to gain from the Claude maker

Economic Times - Nov 10, 2026

Anthropic IPO: Anthropic is set to receive a significant $26 billion investment through its upcoming IPO from several technology companies. Major contributors include Google, Nvidia, and AMD, each seeking commercial advantages. This financial backing will support Anthropic's expansion and operational needs, including increased computing infrastructure. The participating companies aim to benefit from Anthropic's growth while addressing their own strategic interests in the AI market.

Read full article
More News
'Rahul, joy to us all, but especially his grandmother': Sonia recalls son's chubby childhood in memoir
Nov 10, 2026
'Rahul, joy to us all, but especially his grandmother': Sonia recalls son's chubby childhood in memoir

Sonia Gandhi shares her recollections of her son Rahul's early years and his relationship with Indira Gandhi. She describes her initial feelings of exclusion during the planning of Rahul's naamkaran ceremony and how she addressed them. Sonia recalls Indira's affectionate yet sometimes frustrating comparisons of Rahul to veteran leader Kamalapati Tripathi. Despite tensions, Sonia learned to communicate effectively with Indira, often through brief notes.

Gold price, silver rate today: Why is gold rate down on Tuesday? Check latest bullion outlook
Nov 10, 2026
Gold price, silver rate today: Why is gold rate down on Tuesday? Check latest bullion outlook

Gold price prediction: The decline in crude prices has eased some inflation concerns, although movements in the dollar and global bullion markets continue to influence gold's near-term direction.

US inflation rises 0.4% in October, exceeding forecasts amid price pressures
Nov 10, 2026
US inflation rises 0.4% in October, exceeding forecasts amid price pressures

U.S. inflation rates rose unexpectedly last month, indicating ongoing challenges for the government and Federal Reserve. The consumer price index increased by 0.4% from September to October this year, slightly above forecasts. Although the rise was lower than the previous month's increase, inflation remains above the target rate of 2%. Voter dissatisfaction regarding high living costs influenced recent midterm election outcomes.

Sonia Gandhi has not seen 'horrific' photo of Rajiv's remains taken after assassination: Book
Nov 10, 2026
Sonia Gandhi has not seen 'horrific' photo of Rajiv's remains taken after assassination: Book

In her tell-all memoir, "Belonging: A Journey of Love", former Congress president Sonia Gandhi says her son Rahul Gandhi and daughter Priyanka Gandhi Vadra deliberately kept the image from her, instructing their staff not to hand her any newspaper or magazine without vetting it.

Sonia Gandhi has not seen 'horrific' photo of Rajiv's remains taken after assassination: Book
Nov 10, 2026
Sonia Gandhi has not seen 'horrific' photo of Rajiv's remains taken after assassination: Book

In her tell-all memoir, "Belonging: A Journey of Love", former Congress president Sonia Gandhi says her son Rahul Gandhi and daughter Priyanka Gandhi Vadra deliberately kept the image from her, instructing their staff not to hand her any newspaper or magazine without vetting it.

IIT Indore reveals severe pollution in drain leading into Kshipra river ahead of Simhastha 2028 pilgrimage
Nov 10, 2026
IIT Indore reveals severe pollution in drain leading into Kshipra river ahead of Simhastha 2028 pilgrimage

IIT Indore conducted an investigation revealing significant pollution levels in Nagdhaman Nala, which impacts Kshipra river water quality. The study identified a lack of oxygen and high levels of faecal bacteria in the water. Experts expressed concerns regarding the water's unfit status for recreational use ahead of Simhastha 2028. Madhya Pradesh government has not taken necessary actions to address these pollution levels despite growing environmental concerns.

Are the Magnificent Seven stocks still worth betting on? Apple, Nvidia, Tesla and 4 other giants control 33.7% of the S&P 500, but which ones are actually rewarding investors in 2026?
Nov 10, 2026
Are the Magnificent Seven stocks still worth betting on? Apple, Nvidia, Tesla and 4 other giants control 33.7% of the S&P 500, but which ones are actually rewarding investors in 2026?

The Magnificent Seven have become so large that their performance can move the entire US stock market. Together, Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla accounted for 33.7% of the S&P 500 in November 2026. Their combined market value was reported at $23.6 trillion. Some have delivered strong gains this year, while others have fallen behind the index.

Three years ago today, Alice Huang stepped down as Megaspeed director: What happened next and Why Jensen Huang faces scrutiny
Nov 10, 2026
Three years ago today, Alice Huang stepped down as Megaspeed director: What happened next and Why Jensen Huang faces scrutiny

Three years after Alice Huang left Megaspeed's board, her reported relationship with Nvidia CEO Jensen Huang and alleged China intelligence links have drawn attention. US investigations into Megaspeed, Nvidia's board inquiry and a congressional request for answers have raised questions about national security and the company's China dealings.

US national Van Dyke links NIA arrest to Russia-Ukraine war, vows to reveal 'shocking details'
Nov 10, 2026
US national Van Dyke links NIA arrest to Russia-Ukraine war, vows to reveal 'shocking details'

Matthew Aaron Van Dyke was arrested in India along with six Ukrainians for allegedly entering without valid documents. They were granted permission to travel home after more than six months in custody. Van Dyke claimed their imprisonment was part of Russia's war against Ukraine and promised to reveal alarming details. The National Investigation Agency continues to investigate alleged offences linked to their activities.

Tamil Nadu library book scam: DVAC inspects records in Chennai and Coimbatore
Nov 10, 2026
Tamil Nadu library book scam: DVAC inspects records in Chennai and Coimbatore

The investigation follows allegations of manipulated purchases, suspicious publishers and AI-generated books, with officials examining records from the previous regime

Pentagon chief Pete Hegseth calls moves to impeach him a farce that will fail
Nov 10, 2026
Pentagon chief Pete Hegseth calls moves to impeach him a farce that will fail

US Defense Secretary Pete Hegseth addressed recent impeachment articles filed against him due to alleged abuse of power. He dismissed the efforts as a farce that would ultimately fail. Representative Thomas Massie introduced eight articles of impeachment against him, raising significant political questions. Hegseth made his comments during a news conference for greater public awareness. The developments in this matter present ongoing political dynamics within the current administration.

Recent Ukrainian attacks have reduced Russia's oil processing capacity by 30%, sources say
Nov 10, 2026
Recent Ukrainian attacks have reduced Russia's oil processing capacity by 30%, sources say

Ukraine's attacks on Russian oil refineries add to Moscow's difficulties in addressing domestic fuel shortages as it ships diesel to international markets under an export deal with US President Donald Trump.

Recommended
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.