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Anthropic is holding an investor day as it advances plans for a potential IPO at an approximately $2 trillion valuation, amid growing concerns about AI safety and threats. Momei Qiu of PSP Growth says market sentiment around AI is shifting quickly as new information emerges. Qiu expects discussions to center on the tra
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
The AI infrastructure trade faced a sharp reality check Tuesday as a selloff in optical component stocks spread to ETFs targeting a key but less-discussed part of the artificial intelligence boom: fiber optics and photonics. Shares of glass and fiber optics giant Corning Inc (NYSE: GLW ) plunged 15% after the company r