Google plans to provide Anthropic with tens of billions of dollars in cloud computing power
ChainCatcher news, according to Bloomberg, Anthropic is negotiating with an exchange under Alphabet to sign a "high tens of billions of dollars" cloud computing service agreement to provide computing power for its AI training and inference; the two parties have already cooperated, and the exchange has previously invested about $3 billion.
The report states that the exchange's stock rose about 3.5% after hours.
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After Walsh's hawkish remarks, Trump said: "Raising interest rates is absurd. Walsh will do what he must do."
On Monday, Trump said he had great respect for Walsh, stating, "He will do what he needs to do," and added, "In my view, we should be paying interest rates far lower than anywhere else in the world. Raising rates is absurd." Following Walsh's hawkish remarks at the Jackson Hole symposium last Friday, market pricing for a rate hike in September rose to about 60%. Barclays now expects the Federal Reserve to raise rates twice more this year, in September and December, whereas previously, Barclays had predicted no further rate hikes this year.
