Tech Business
OpenAI IPO date: 2027 still the plan, but its $30bn raise shrank
OpenAI wanted $30 billion from private investors before going public. It has about $11 billion so far, and the timing of its listing now looks more delicate.
IPO
Tech Business
Anthropic S-1 shows $16.3B in sales, an $80.7B loss and big bets
The Claude maker plans to list on Nasdaq as ANT. Its filing shows explosive growth, huge losses, and minimum compute bills estimated at $808 billion.
Tech Business
Eric Schmidt’s Anthropic stake: a 2021 check now worth up to $20B
Google's former CEO reportedly owns about 1% of the Claude maker. With an IPO expected within weeks, here's what that stake says about the AI money boom.
Tech Business
Nvidia-backed Firmus cancels AU$30B IPO plan amid volatility
The AI data center builder pulled a $5 billion float after about two days of weak demand. Pension funds balked at the price, and Firmus is now chasing private money.
Tech Business
Firmus cancels $44bn ASX listing as investor interest falters
The Nvidia-backed AI datacentre builder pulled Australia's biggest float in decades. Since then, regulators have asked questions and Nvidia has stepped in with talks of fresh cash.