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OpenAI's ad business hits $1 billion annualised revenue run rateThe company started testing ads in ChatGPT U.S. earlier this year and has steadily expanded to add advertisers and tap into more markets,...- ESDS Software Solution IPO Day 2: Issue subscribed 24 times; GMP signals 78% listing premiumESDS Software Solution's IPO experienced robust demand on its second day of bidding. The issue was subscribed 24.49 times against the total...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reportsOpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street Journal reported on S...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
- Anthropic plans to publicly unveil IPO prospectus after Labour DayAnthropic is planning to unveil its IPO prospectus after Labour Day, with a potential listing in late September or early October, The Infor...
- ESDS Software Solution IPO opens with GMP signalling 76% listing gains. Should you subscribe?The company has set the IPO price band at Rs 408–429 per share for its Rs 720-crore public offering. The subscription window will remain op...
- Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
- Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
- Anthropic gears up for Wall Street debut: Five things investors need to knowAnthropic is preparing for a potential major Wall Street debut, fueled by rapid growth in AI coding through Claude Code. However, massive c...
- Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
- ESDS to expand data centre operations with Rs 720-cr IPO proceedsESDS Software Solution is embarking on a ₹720-crore IPO aimed at broadening its data center operations across India and Europe. This strate...
- Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reportsAnthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion for its upcoming IPO, surpassing Spa...
- Mukul Agrawal-backed ESDS Software Solution sets price band for Rs 720 crore IPO. Check key detailsESDS Software Solution Ltd has set the price range for its initial public offering, valued at Rs 720 crore. The IPO is set to open for publ...
- AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
- Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
- India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...
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