Spot silver turns higher, after falling more than 1%
Anthropic has reportedly filed for an Initial Public Offering (IPO), aiming to become the largest in AI history. Meanwhile, Elon Musk's shell company, WIT Tech LLC, is acquiring over 6,000 acres of land in Texas, potentially for a $55 billion chip factory called Terafab. This facility, backed by SpaceX, Tesla, and xAI, is intended to support AI and robotics projects with an estimated total investment of up to $119 billion. AI
IMPACT Anthropic's IPO could reshape AI investment landscapes, while Musk's chip factory signals a major push for AI hardware infrastructure.