Anthropic said it plans to purchase at least $30 billion of Microsoft Azure’s computing capacity to scale and train its Claude model. In addition Nvidia said it would invest up to $10 billion in Anthropic,

The fate of Wall Street's staggering bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors seeking signs that bubble worries are overblown.

The U.S. stock market fell as Nvidia and other superstars created by the frenzy around artificial-intelligence technology dimmed some more