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OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...
CoreWeave founders have dumped $2.3 billion in stock since IPOCoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave'...
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOsInvestors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows te...
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
OpenAI grows stable of law firms for high-stakes lawsuits, dealsThe company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory ...
Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the yearNvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY20...
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
Google kicks off I/O conference with AI upgrades for coders, consumersGoogle CEO Sundar Pichai announced major AI advancements at the company's developer conference. New tools like Docs Live and Ask YouTube we...
Are Elon Musk and Nvidia founder Jensen Huang besties? 10 years later, same vibe. Elon Musk agrees 'the most important thing in life is having true friends'President Trump's Beijing visit included discussions on Iran, trade, and AI, with tech leaders Elon Musk and Jensen Huang present. Their de...
Cerebras shares skyrocket in debut as AI mania grips marketsCerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scal...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchersNvidia CEO Jensen Huang and his wife are donating $108.3 million in computing time from CoreWeave to universities for AI research. This sig...
SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
Is the AI boom eating its own tail? The strange economics of billion-dollar dealsTech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fun...