AI-Related Stocks Surge as Anthropic Secures Latest Funding, Netweb Leads the Charge with 13% Gain
AI-Linked Stocks Surge on Global Sentiment Boost
Indian artificial intelligence-linked stocks witnessed strong buying interest on Friday, following upbeat global sentiment around the fast-growing AI sector. The momentum in the world of artificial intelligence continues, with fresh capital inflows, blockbuster earnings, and soaring valuations reinforcing investor optimism around the sector globally.
Shares of Netweb Technologies India surged 13.02% to trade at Rs 4,602.10 on the NSE. Similarly, Black Box gained 2.28% to Rs 1,016.80, while E2E Networks advanced 0.75% to Rs 3,981.00.
The latest trigger came from AI startup Anthropic, which reportedly raised $65 billion in a funding round that valued the company at nearly $965 billion, including the fresh investment - overtaking rival OpenAI in valuation for the first time. Apart from fundraising, Anthropic further boosted sentiment after unveiling an upgraded Claude Opus 4.8 model, while also preparing a broader rollout of its advanced "Mythos" large language model in the coming weeks.
The company said the model has sophisticated cybersecurity capabilities and is being deployed under Project Glasswing alongside major technology companies including Amazon, Microsoft, and Apple for cybersecurity applications.
Adding to the bullish momentum, Nvidia reported record financial results for the first quarter of fiscal 2027. The AI chip giant posted revenue of $81.6 billion, marking an 85% year-on-year jump, while also announcing an additional $80 billion share buyback and a higher quarterly dividend of $0.25 per share.
| Company | Revenue (Q1 Fiscal 2027) | Year-on-Year Growth |
|---|---|---|
| Nvidia | $81.6 billion | 85% |
| Netweb Technologies India | ||
| Black Box | ||
| E2E Networks |
Chief executive Jensen Huang had described the quarter as "extraordinary" as Nvidia topped Street estimates and projected second-quarter revenue ahead of expectations. Huang also reiterated confidence in the company's long-term AI growth trajectory, stating that Nvidia expects to outperform hyperscale capital expenditure growth as demand for AI infrastructure remains robust globally.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors should consider AI-related stocks for potential gains, driven by fresh funding and strong earnings.
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