Search results for IPO
AI & Enterprise
OpenAI president dismisses executive departures as not unusual
OpenAI President Greg Brockman said a recent string of executive departures was part of a normal reshuffle and not particularly unusual. He said heightened attention around the company makes the changes seem bigger. OpenAI has seen key leaders leave in recent months, with at least 12 senior executives departing this year. The company has also been reported to have disbanded a safety team studying catastrophic risks from large models.
AI & Enterprise
Anthropic annualised revenue soars sevenfold to $65 billion, overtakes OpenAI
Anthropic’s annualised revenue reached $65 billion as of late July, up sevenfold from a year earlier, CNBC reported. The figure was shared with investors in a weekend update as the company accelerates growth on rising enterprise demand. Anthropic has stepped up preparations for an initial public offering, filing confidentially with the SEC in June. It also faced a recent disruption after temporarily suspending access to two top models to comply with export controls.
AI & Enterprise
Anthropic, OpenAI face different challenges ahead of trillion-dollar IPOs
As a race for trillion-dollar IPOs in the AI industry gathers pace, Anthropic and OpenAI are preparing to list while facing different challenges. Anthropic must persuade investors to accept its valuation based on revenue it has yet to earn in 2028. OpenAI, by contrast, is grappling with leadership uncertainty after a series of executive departures. Both companies are targeting valuations close to $1 trillion.
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Industry
Unitree IPO frenzy leaves question of when robots will do housework
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AI & Enterprise
How far will Nvidia reach into the AI ecosystem, from funding to chip sales
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AI & Enterprise
Anthropic targets $2 trillion valuation in October IPO, challenging SpaceX record
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Industry
SpaceX shares jump again above IPO price as short interest slides
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AI & Enterprise
Cerebras shares fall 14 percent after second earnings report since IPO
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Games & Commerce
Kurly posts Q2 operating profit of 27.4 billion won, up 1,991 percent
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Industry
SpaceX shares reclaim $135 IPO price on Vietnam satellite launch deal
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AI & Enterprise
OpenAI steps up IPO plans after completing $7 billion share sale
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Finance
Fintech posts record results as payment touchpoints expand, signs of loan curb easing
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Industry
Unitree survives new U.S. China tech curbs, can still sell six existing robot models
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Industry
SpaceX puts IPO funds into AI infrastructure and safe assets, not bitcoin
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Finance
Travel Wallet faces capital task ahead of 2027 Kosdaq IPO
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Crypto
Clarity Act drifts as bitcoin braces for \'August curse\'
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Industry
China\'s AI Squared Robotics weighs Hong Kong IPO at near $3 billion valuation
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Crypto
SpaceX revenue jumps 92 percent but keeps bitcoin holdings unchanged as growth comes from elsewhere