Anthropic's initial public offering has drawn about six times the orders for the shares available, according to people familiar with the matter, as interest increases for potentially the biggest first-time share sale ever. The Claude AI model firm and its co-founders are seeking to raise as much as $64.4 billion in the IPO and $26 billion in a private placement, its filings show. Taken together, the offering would be bigger than SpaceX’s IPO, making it the biggest listing of all time. […]

Nvidia is searching for a permanent replacement for larger-than-life Chief Executive Officer Jensen Huang, a daunting challenge at the world’s most valuable chipmaker. The company has tapped an outside firm to identify potential candidates following revelations of multiple extramarital affairs by Huang. Longtime Chief Financial Officer Colette Kress is serving as interim CEO. Bloomberg's Tom Mackenzie has more details. (Source: Bloomberg)

Anna Ashton, Founder of Ashton Analytics, says the Nvidia controversy will likely result in stricter US export controls toward China and deepen restrictions on technology products. She speaks on "Bloomberg: The China Show". (Source: Bloomberg)

ByteDance Ltd. plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, marking a 20% uptick from a similar program a year ago, according to people who’ve reviewed the proposal.

Retail investors are clinging to hopes of Nvidia Corp.’s rebound, stepping in with aggressive buying after Chief Executive Officer Jensen Huang was ousted.

Malaysia said it is examining whether AI chips brought into the country by a unit of Singapore-based Megaspeed International Pte were subsequently shipped overseas, tightening scrutiny around a company at the center of the scandal that led to the resignation of Nvidia Corp.’s Jensen Huang.

Arthur Lang, Singtel Group CFO, discusses the outlook and growth strategy for the business after the company's first half earnings, and on potential business impact from Nvidia leadership changes. He speaks with Haidi Stroud-Watts and Paul Allen on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Singapore charged a fifth person in a fraud case linked to the export of computer hardware suspected of containing Nvidia Corp. chips subject to US trade restrictions.