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AI REVENUE RUN RATE
upGrad crosses ₹2,000 cr gross revenue in FY26; grows EBITDA 8X to 123 crIn FY26, upGrad witnessed remarkable profitability growth, with EBITDA skyrocketing eight times compared to previous years. The firm signif...
Anthropic revenue run rate tops $65 billionThe AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...
Ex-Kissht cofounders’ firm Rezolv raises $12.5 million, to expand credit servicesThey said the company, which raised $3.5 million in its seed round last year at a $12.8 million post-money valuation, saw its valuation ris...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
Wall St Week Ahead: With US Fed silent on next move, investors look to earnings to keep stocks afloatInvestors focus on corporate earnings to offset economic risks and rate concerns. Strong results, particularly from AI infrastructure spend...
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
AI M&As are through the roof this year with deals nearing $1-billion markThere have been 25 deals worth $980 million this year until August 6, according to data from Venture Intelligence. The deal value so far th...
AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPOAnthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as t...
US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimismUS stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
Pratilipi to start IPO banker talks in September, eyes October appointmentPratilipi is preparing for an IPO, targeting banker appointment by October and FY27 revenue of Rs 400 crore. Its expansion into publishing,...
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
Lone warriors! How two mid-tier tech stocks rewarded investors in Rs 10 lakh crore IT crash this yearIndian IT stocks have seen significant value erosion this year. However, Coforge and LTM have shown resilience and growth. These companies ...
Shopify shares soar 18% as AI push helps revenue beat estimatesShopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projecti...