IPO

Twitter

Facebook

Copy Link

Top News

Anthropic held talks to acquire Physical Intelligence as AI giants race into robotics

A weekend rumor about Anthropic acquiring robotics startup Physical Intelligence spread rapidly across AI Twitter, despite a denial from the company's CEO. The Information confirmed that Anthropic and Physical Intelligence actually held acquisition talks this spring, revealing the AI giant's interest in physical-world capabilities as it prepares for its IPO and competes with OpenAI in the race toward superintelligent systems.

Business2 sources

Anthropic held talks to acquire Physical Intelligence as AI giants race into robotics

Business2 sources

OpenAI adds Nubank founder and BNY Mellon CEO to board of directors amid IPO preparations

OpenAI strengthens its board of directors with two prominent banking executives as it prepares for potential public listing. David Vélez, founder and CEO of Nubank, and Robin Vince, CEO of Bank of New York Mellon, join both the OpenAI Foundation and OpenAI Group PBC boards, bringing decades of financial services expertise to guide the AI company's enterprise expansion.

Business2 sources

OpenAI adds Nubank founder and BNY Mellon CEO to board of directors amid IPO preparations

Business2 sources

Moonshot AI races toward $50 billion valuation with back-to-back funding rounds before Hong Kong IPO

Moonshot AI is raising capital at breakneck speed, targeting a $50 billion valuation ahead of a Hong Kong IPO planned for later this year. The Chinese AI startup is closing a $31.5 billion round and immediately launching another, riding momentum from its Kimi K3 model release. But open-weight AI economics pose serious profitability challenges that investors may not be pricing in.

Business7 sources

Moonshot AI races toward $50 billion valuation with back-to-back funding rounds before Hong Kong IPO

Business7 sources

AI Bubble Threatens Economy as Tech Giants Pour $700B Into Infrastructure With No Clear Returns

The AI-driven economic boom has pushed U.S. stock market value past $75 trillion, but concerns mount over unsustainable AI spending. OpenAI alone plans to spend over $50 billion on compute this year while posting massive losses. Critics warn that if investor confidence falters, the resulting stock market decline could trigger a recession comparable to the dot-com crash.

Business5 sources

AI Bubble Threatens Economy as Tech Giants Pour $700B Into Infrastructure With No Clear Returns

Business5 sources

Databricks hits $188 billion valuation as enterprise AI spending accelerates

Databricks announced a strategic funding round led by Coatue that values the data and AI company at $188 billion, marking a dramatic climb from $134 billion just five months ago. The round, expected to close this summer, positions Databricks to accelerate its multi-AI strategy and deepen its enterprise AI capabilities as companies shift from chasing the most powerful models to optimizing value per dollar spent.

Business7 sources

Databricks hits $188 billion valuation as enterprise AI spending accelerates

Business7 sources

Csquare IPO raises $1.05 billion as data center operator bets on AI infrastructure demand

Texas-based Csquare priced its IPO at $21 per share, raising $1.05 billion and valuing the data center operator at $3.25 billion. Despite pricing below its marketed range amid volatile AI stocks, the offering signals continued investor demand for companies positioned to benefit from growing AI infrastructure needs. Brookfield-backed Csquare will use proceeds to repay debt.

Business2 sources

Csquare IPO raises $1.05 billion as data center operator bets on AI infrastructure demand

Business2 sources

Anthropic races toward mega-IPO as banks schedule investor meetings for October debut

Anthropic is scheduling high-level investor meetings as the AI startup behind Claude models accelerates preparations for a potential initial public offering as soon as October 2026. The company's $965 billion valuation positions it ahead of OpenAI rival in the race to public markets, while major banks gauge investor appetite for what could be one of the year's most significant AI listings.

Business7 sources

Anthropic races toward mega-IPO as banks schedule investor meetings for October debut

Business7 sources

Wall Street banks ride AI super cycle to record quarters as financing demands reshape markets

Goldman Sachs and JPMorgan Chase reported record quarterly revenues fueled by massive AI-related dealmaking. Goldman CEO David Solomon declared the industry is in an AI capex super cycle, with demands spanning every financing instrument globally. Morgan Stanley has emerged as the dominant architect of AI infrastructure financing, devising novel debt structures that have channeled over $40 billion into data center construction.

Business5 sources

Wall Street banks ride AI super cycle to record quarters as financing demands reshape markets

Business5 sources

SoftBank's Masayoshi Son predicts fusion power will fuel AI's future as demand soars

SoftBank founder Masayoshi Son outlined an ambitious vision for AI at SoftBank World, predicting the technology will account for 20% of global output by 2040. He argued that nuclear fusion will become essential to power the massive data centers needed for AI's growth, estimating 3 terawatts of capacity will be required. Son dismissed AI critics and urged business leaders to embrace the technology or risk missing out on transformative economic opportunities.

Technology3 sources

SoftBank's Masayoshi Son predicts fusion power will fuel AI's future as demand soars

Technology3 sources

Elon Musk admits he was wrong about Anthropic, praises rival as current AI leader

Elon Musk publicly reversed his stance on Anthropic, calling the AI startup the current industry leader and praising its Mythos and Fable models. The admission marks a dramatic shift from his previous criticism, coming as Anthropic pays SpaceX $1.25 billion monthly for access to the Colossus 1 supercomputer. Musk pledged not to weaponize his infrastructure control against the competitor.

Technology7 sources

Elon Musk admits he was wrong about Anthropic, praises rival as current AI leader

Technology7 sources

Zhipu AI secures $4 billion in Hong Kong as Chinese AI model developer accelerates spending

Zhipu AI raised approximately $4 billion through a Hong Kong share sale, pricing 19.78 million shares at a 13% discount. The AI model developer plans to use proceeds for research and development, compute infrastructure, and business expansion as China intensifies competition with U.S. firms like OpenAI in the race for AI dominance.

Business4 sources

Zhipu AI secures $4 billion in Hong Kong as Chinese AI model developer accelerates spending

Business4 sources

Bank of America extends $520 million OpenAI loan as Wall Street races for AI IPO advisory roles

Bank of America has extended a $520 million credit line to OpenAI, marking its first loan to the ChatGPT maker ahead of its highly anticipated IPO. The move signals a strategic shift for the bank, which previously declined OpenAI's funding requests, and positions BofA to compete for advisory roles on what could become a trillion-dollar public offering.

Business6 sources

Bank of America extends $520 million OpenAI loan as Wall Street races for AI IPO advisory roles

Business6 sources

AI Boom Sends San Francisco Housing Market Soaring as Homes Sell $1M Above Asking Price

San Francisco's housing market is experiencing unprecedented growth driven by AI wealth from companies like OpenAI and Anthropic. More than 140 homes sold for at least $1 million above asking price in the first half of 2026, compared to just eight in the same period last year. With both AI giants preparing for IPOs valued near $1 trillion, the city's median home price has reached a record $1.76 million, up 19% year-over-year.

Business4 sources

AI Boom Sends San Francisco Housing Market Soaring as Homes Sell $1M Above Asking Price

Business4 sources

Momenta Global debuts nearly flat in Hong Kong after raising $751 million in IPO

Chinese autonomous-driving software developer Momenta Global made a muted debut on the Hong Kong Stock Exchange after raising HK$5.89 billion ($751 million) in its IPO. The stock opened slightly above its IPO price before settling near flat, reflecting cautious investor sentiment toward Chinese AI firms despite strong backing from Mercedes-Benz, BlackRock, and other major investors.

Business3 sources

Momenta Global debuts nearly flat in Hong Kong after raising $751 million in IPO

Business3 sources

SpaceX AI infrastructure bets on Earth-based compute while orbital plans remain years away

Wall Street analysts say SpaceX's near-term AI infrastructure value lies in terrestrial data centers, not orbital compute. The company's Colossus supercomputer deals with Anthropic and Google are expected to generate over $28 billion annually, far exceeding its launch and Starlink businesses. While Elon Musk touts orbital AI as transformative, analysts view it as a 10-years-plus opportunity dependent on Starship achieving rapid reusability and lower launch costs.

Business8 sources

SpaceX AI infrastructure bets on Earth-based compute while orbital plans remain years away

Business8 sources

Prev12 3 4…12 Next