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Five largest IPOs revisited as SpaceX plans listing

As Elon Musk\'s SpaceX pursues an initial public offering of about $75 billion, attention has returned to the world’s biggest IPOs to date. South China Morning Post reported that energy, e-commerce, telecoms, autos and finance dominate the top ranks. Saudi Aramco raised $29.4 billion in 2019, followed by Alibaba at $25.0 billion in 2014, SoftBank at $23.6 billion in 2018, General Motors at $23.1 billion in 2010 and Agricultural Bank of China at $22.1 billion in 2010.

AI & Enterprise

Dario Amodei says AI regulation needs enforcement, transparency alone not enough

Dario Amodei (다리오 아모데이), CEO of Anthropic, said on June 10 that AI regulation should shift from transparency disclosures to binding, enforceable rules. In an essay, he wrote that AI risks have clearly become real and that transparency laws alone are no longer sufficient. He proposed an FAA-style model requiring third-party assessments of certain frontier AI systems, with governments able to block or revoke deployment based on results.

AI & Enterprise

AI infrastructure financialisation gains momentum as major investment banks take interest

As hundreds of billions of dollars pour into AI infrastructure, financial markets are shifting and efforts are growing to financialise capital flowing into the sector. Products could emerge that allow trading of computing power costs, including futures tied to GPU rental prices. The Information reported that investment banks, exchanges and data providers are competing to make GPU rental rates an official tradable asset, with Goldman Sachs and JPMorgan exploring listings by year-end.