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ANTHROPIC IPO
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...
Google's Gemini AI assistant reaches one billion usersGoogle's artificial intelligence assistant Gemini has surpassed one billion monthly users, CEO Sundar Pichai announced Tuesday, a week afte...
US Stock Market: Adit Ventures under SEC scrutiny over SpaceX-linked investment dealsThe SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and three partners over alleged miscond...
SEC settles charges over SpaceX, Klarna, pre-IPO share fraudThe SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used clie...
Apple and OpenAI escalate legal battle over devicesThe case comes at a sensitive time for OpenAI, which is worth a reported $852 billion as it works towards a potential IPO. The lab is also ...
The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
A crash coming? Ray Dalio warns AI rally looks like 1929 and 2000 bubblesBridgewater founder Ray Dalio warned the AI-driven market rally displays bubble-like traits seen before the 1929 crash and dot-com bust. He...
Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm saysA version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models g...
GPT-5.6, ChatGPT Work lift OpenAI’s July ARR over Q2OpenAI's revenue growth has surpassed second-quarter levels, driven by new product launches. The company is expanding its customer base to ...
China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
Anthropic mulls mandatory employee stock trading plans after IPO, The Information reportsAnthropic may require employees to sell stock via preset trading plans after its public debut. These plans aim to prevent insider trading c...
Meta, Anthropic in talks for potential $10 billion compute lease dealSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...