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Markets · AI
China's AI Bubble Bursts: $480 Billion Wiped Out
China's STAR50 index of AI and chip companies fell 40% in under four months, erasing roughly $480 billion in market value.
Anthropic · Investment Report
Sequoia to invest in Anthropic as valuation reaches $350 billion
According to the Financial Times, Anthropic is looking to raise $25 billion or more. Sequoia, already an investor in OpenAI and xAI, is set to take part.