Weekend Round-Up: Microsoft Azure's Growth, Broadcom's New Deals, Meta's AI Launch And The Anthropic-Pala

Are Broadcom's Custom AI Chips the Key to the Future of AI?

Key PointsAnthropic announced it will be using Broadcom-designed chips -- the latest boost for the chipmaker.Broadcom expects this business to generate more than $100 billion annually by the end of next year. 10 stocks we like better than Broadcom › It's no secret that artificial intelligence (AI) requires a lot of computing power. Since the build-out began in 2023, Nvidia has dominated the market with its best-in-class GPUs. However, these comp…

Weekend Round-Up: Microsoft Azure's Growth, Broadcom's New Deals, Meta's AI Launch And The Anthropic-Pala

This week in the tech world was a rollercoaster ride, with major players like Microsoft Corporation, Broadcom Inc. and Meta Platforms Inc. making headlines. Let’s dive in the details: Microsoft Azure’s Growth Outlook Remains Strong Despite concerns over a $150 billion in spending, Microsoft Azure is still expected to outperform estimates, according to analyst Slowinski. He anticipates Azure’s growth to be around 39% in constant currency for the …