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MARKET MOVERS

  • Google Invests Almost $400 Million in ChatGPT Rival Anthropic.. Alphabet Inc.'s Google has invested in AI start-up Anthropic, injecting almost $400 million into the company. Anthropic is testing a rival to OpenAI’s ChatGPT* and will be leveraging Google's cloud computing services. The move highlights the growing alliance between tech giants and AI start-ups as the field of generative AI heats up.
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  • SpaceX Wins NASA Contract Worth Up to $100 Million. SpaceX has been awarded a shared contract with Astrotech Space Operations, a subsidiary of Lockheed Martin, by NASA. The contract is for an undisclosed amount and involves commercial payload processing services. This involves preparing spacecraft* for flight on top of a rocket ahead of its journey to space.

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