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Biz Report: Fed Chair Warsh’s speech in Jackson Hole in focus; Anthropic reportedly discussed buying AI chip startup MatX for ~US$7B

Biz Report: Fed Chair Warsh’s speech in Jackson Hole in focus; Anthropic reportedly discussed buying AI chip startup MatX for ~US$7B

Published 1 week, 4 days ago
Description

In this episode of The Business Report, finance presenter Chua Tian Tian spoke with Benjamin Goh, Head of Research and Investor Education, SIAS, where they discussed how investors are bracing for US Federal Reserve chair Kevin Warsh’s speech in Jackson Hole, where some expect a hawkish tone. That’s before turning our attention to news out of SGX-listed Frencken and Seatrium.

Also in focus – how Anthropic has reportedly discussed buying artificial intelligence chip startup MatX for roughly US$7 billion, as it seeks to accelerate efforts to develop custom hardware for its fast-growing AI business.

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