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Benzinga Private Markets16d agoneutral

EXCLUSIVE: Anthropic IPO Could Be ‘Heavily Oversubscribed,’ IPO Adviser Says

Anthropic could see overwhelming demand and command a valuation near $2 trillion when it goes public, according to Connor Group founding executive Jim Neesen. "I expect Anthropic to be heavily oversubscribed at the time of IPO and well positioned to...

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Manufacturing Dive281d agobearish

Sensor maker Luminar Technologies files for Chapter 11 bankruptcy, pursues chip business sale

The company plans to sell Luminar Semiconductors, Inc. for $110 million and restructure its debt after losing a major contract with automaker Volvo.

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