News

OpenAI's Astra has overtaken Anthropic on developer spend for the first time in over two and a half years

Bill Ackman's Pershing Square Inc., a recent IPO, broke out past a buy point Friday in a rocky market.  The hedge fund billionaire's publicly traded investment vehicle, Pershing Square Inc., rallied an impressive 27% for the week after bullish analyst upgrades.

The U.K.-based company didn’t say how many shares it would offer, or at what price, but intends to list shares on the New York Stock Exchange under the symbol NSCL.

The AI agent startup is in talks with IDG Capital, Boyu Capital, and battery maker CATL at a roughly $4 billion valuation

EXCLUSIVE: The company is seeking to raise capital in a funding round that could value it at around $4 billion, according to sources.

Anthropic could be public in a matter of weeks. Wall Street—and the world—are nowhere near prepared for what’s to come.

The quiet deal that reveals where Meta’s AI cash is going

The No. 2 exec at OpenAI also led Instacart through its IPO in 2023.

Simo, who left OpenAI in July after a medical leave, was recruited to the board by fellow director Sheryl Sandberg

Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI.

The acquisition of Swedish AI startup Stilla.ai is part of Meta's effort to accelerate the commercialization of its agentic offerings, which are costing the company billions.

Meta has acquired Swedish AI startup Stilla.ai to accelerate development of Meta Business Agent, which facilitates transactions on WhatsApp, Messenger and Instagram, Axios has learned.

Jim Cramer spent Tuesday night hyping what could be a landmark AI IPO, then spent Wednesday morning explaining why a safety researcher at that same company just made him want nothing to do with it.

AI stocks show diverging fortunes in Q3, with Nvidia, Snowflake and Palantir gaining momentum while AMD, Ciena and Google lag.

Thiel is known for his ability to spot a future winner.

Thiel is most famous for co-founding PayPal and Palantir, and being Facebook's earliest outside investor.

Chris Malone’s exit adds to a string of senior departures as OpenAI reshuffles its infrastructure team and prepares for a potential IPO.

Nscale is seeking to raise as much as $3 billion in its US IPO, according to people familiar with the matter, joining a rush of artificial intelligence data center companies tapping public market investors.

His Duquesne Family Office opened a position in Reddit in the second quarter.

Anthropic CEO Dario Amodei could receive super-voting shares ahead of the AI company’s potential IPO, giving him and other co-founders greater control even as their ownership stakes remain relatively small. Anthropic Reportedly Eyes Super-Voting Shares Ahead of IPO Anthropic is...

Crusoe IPO looms after last funding round valued the AI data center developer at $10 billion. Reports suggest firm's valuation may triple.

Anthropic's investors are penciling in a $2 trillion October IPO that would shatter every record in stock market history, and the revenue growth backing that number is genuinely jaw-dropping. But one overlooked pattern in mega-cap listings suggests the opening bell could be the worst time to buy.

Chinese regulators ordered Meta to reverse its December acquisition of the AI agent startup, triggering a data deletion process for some users

Anthropic’s $965 billion IPO path rests on the aggressive, multi-layered industrialization of compute. The company has transformed access from a variable cost into a structural moat by diversifying hardware and energy supply across three continents through seven distinct funding mechanisms — effectively decoupling its growth from the supply-chain bottlenecks that throttle competitors tethered to single-cloud […]

Tech stock news for the week of Aug. 10

(Bloomberg) -- Nscale is telling prospective investors it has about $51 billion of total contracted revenue ahead of a US initial public offering that could take place as soon as in September, according to people familiar with the matter.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowOpenAI Models Joine

Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.

Chinese large language model (LLM) developer DeepSeek is reportedly preparing for an IPO later this year or in 2027. Yahoo Finance Technology Editor Dan Howley outlines what we know so far.

Csquare, a data center operator backed by Brookfield, is going public as investors are growing skeptical about AI and IPOs.

Yahoo Finance Tech Editor Dan Howley discusses OpenAI Product and Business Chief Fidji Simo stepping down from her role due to ongoing medical issues.