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Anthropic spokesperson: We are building an internal chip team to design custom chips for Claude and are hiring engineers with full-stack experience.
Anthropic spokesperson: Establishing an in-house chip team will enable us to collaboratively design hardware and models.
On August 5th, CIFI Holdings Group (00884.HK) announced on the Hong Kong Stock Exchange that in July 2026, the Group recorded contracted sales (including contracted sales of joint ventures and associates) of approximately RMB610 million and contracted sales area of approximately 97,400 square meters, with an average contracted sales price of approximately RMB11,000 per square meter, and contracted sales attributable to shareholders of approximately RMB300 million. From January to July 2026, the Group recorded cumulative contracted sales (including contracted sales of joint ventures and associates) of approximately RMB5.64 billion and contracted sales area of approximately 587,300 square meters, with an average contracted sales price of approximately RMB11,200 per square meter, and contracted sales attributable to shareholders of approximately RMB3.03 billion.
Both WTI and Brent crude oil fell by $0.70 to $75.07 and $79.61 per barrel, respectively.
On August 5th, Minneapolis Fed President Neel Kashkari, a 2026 FOMC voting member, stated in an interview with CNBC on Wednesday that the Federal Reserve should now "start gradually raising" interest rates to reduce inflation and avoid the need for larger rate hikes in the future. Kashkari was one of three voting members who supported a 25-basis-point rate hike at last weeks FOMC meeting. He stated that with strong corporate earnings, resilient consumer and labor markets, and no evidence that monetary policy has become significantly restrictive, its time to begin gradually raising rates. He emphasized that this does not advocate for large rate hikes, but rather a desire for "small steps" to avoid being forced into aggressive policy tightening once inflation becomes deeply entrenched. He added that its uncertain what action the FOMC will take in September, and future data will play a crucial role. Meanwhile, Kashkari stated that Fed Chairman Warsh did not pressure him, telling him, "Do what you think is right for the economy."