Browsing: Silicon

Silicon Valley Capital Partners boosted its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,570 shares of the iPhone maker’s stock after acquiring an additional 1,555 shares during the period.…

Add preferred source Silicon Valley’s AI industry is grappling with an unprecedented compute shortage that is fundamentally reshaping the competitive landscape. After Anthropic CEO Dario Amodei’s plea to Meta for additional compute was rejected, he pivoted to a deal with SpaceX worth up to $45 billion. SpaceX acquired xAI in an all-stock transaction in February,…

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