Author HubMaximilian Schreiner
According to The Information, Intel and TSMC have reached a preliminary agreement on a joint venture to operate Intel's US fabs. TSMC will take a 20 percent stake. The US government had urged the two companies to find a solution to Intel's ongoing problems. Intel recently reported a net loss of $18.8 billion for 2024. Previous attempts to act as a contract manufacturer have failed due to quality issues. TSMC was previously rumored to have offered Nvidia, AMD and Broadcom shares in the joint venture. However, Nvidia CEO Jensen Huang denied these rumors.
Anthropic and Databricks have entered a five-year partnership worth $100 million to jointly sell AI tools to businesses. The collaboration focuses on AI agents designed to handle tasks for humans. According to Databricks CEO Ali Ghodsi, Anthropic's Claude models will be directly available on the Databricks platform and will allow customers to develop their own AI agents using their company data. Both companies face pressure to generate revenue that justifies their substantial valuations - Databricks is valued at $62 billion while Anthropic is valued at $61.5 billion. Databricks said, it is working on improving the accuracy of AI agents to above 95 percent, which would make them truly practical for everyday business use.
OpenAI CEO Sam Altman announced on X that the company will integrate Anthropic's Model Context Protocol (MCP) into its product lineup. MCP is an open-source standard that helps AI models deliver more relevant and accurate responses by accessing data from various business tools and software applications. The integration is already available in OpenAI's Agents SDK, with support coming soon to the ChatGPT desktop app and Responses API. Since Anthropic released MCP as open source, multiple companies have adopted the standard for their platforms. Anthropic's head of product Mike Krieger welcomed OpenAI's decision to implement MCP, which has become a widely adopted standard with numerous integrations.