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Browsing: IPO
The global AI race is becoming increasingly expensive as companies spend more on computing power, data centres, chips, and specialised…
Anthropic is Preparing to Show Us How Its IPO is Structured. The Company That Spent Two Years Saying It Was Not Ready for Public Markets Just Changed Its Mind.
By precious
Anthropic is getting ready to show investors what its business really looks like. The artificial intelligence company behind Claude is…
OpenAI Has Now Lost Two Senior Executives in the Same Week. The Timing Raises Questions the Company Has Not Yet Answered About What Is Happening at the Top.
By precious
A company preparing to go public usually wants investors to see a steady hand at the wheel. So what should…
SK Hynix Just Raised $26.5 Billion on Nasdaq in One of the Largest U.S. Equity Offerings Any Asian Company Has Ever Completed. The Money Has One Destination and It Is Not Coming Back.
By precious
SK Hynix has secured $26.5 billion from its Nasdaq listing, giving the South Korean chip giant one of the biggest…
A 42-State Coalition Just Served OpenAI the Broadest Legal Investigation Any AI Company Has Faced
By precious
New York Attorney General Letitia James has served OpenAI with a subpoena, acting on behalf of a coalition of 42…
SpaceX’s IPO Just Made Elon Musk the World’s First Trillionaire. The Number Itself Is Less Interesting Than How Fast It Happened.
By precious
Elon Musk’s net worth has crossed $1 trillion, making him the world’s first trillionaire. This comes a day after SpaceX…
OpenAI Confidentially Filed for Its IPO and Wall Street Is Already Pricing In a Trillion Dollar Valuation
By precious
OpenAI confirmed last week it had submitted a confidential draft S-1 to the U.S. Securities and Exchange Commission, targeting a…