Brad Lightcap, who joined OpenAI in 2018 and served as CFO and then COO before moving to special projects, announced he is leaving the company to "start something new." His exit follows other senior departures, including...
OpenAI has filed confidentially for an initial public offering (IPO) shortly after its rival Anthropic did the same, signaling massive financial needs for future AI research. Despite generating significant user interest,...
AI startup Anthropic has confidentially filed for an initial public offering (IPO) following a highly oversubscribed private funding round that valued the company at $965 billion. The company has reported explosive finan...
Alphabet has successfully raised $45 billion in an oversubscribed stock sale, the first tranche of a planned $85 billion raise dedicated entirely to its AI business. The capital will support Google's massive capital expe...
OpenAI is reportedly preparing for an initial public offering as early as September 2026, working with Goldman Sachs and Morgan Stanley on the process. The move comes immediately after a lawsuit from co-founder Elon Musk...
Cerebras Systems, an AI chip startup competing with Nvidia, has filed for an initial public offering after securing major deals with OpenAI (reportedly worth over $10 billion) and Amazon Web Services. The company reporte...
SK hynix, a major South Korean memory chip manufacturer, has confidentially filed for a U.S. listing targeting the second half of 2026, potentially raising $10-14 billion. The company, a critical supplier of high-bandwid...
Anthropic, a leading AI safety company, is preparing for an initial public offering that could occur as early as 2026, hiring Wilson Sonsini as legal counsel. The company is reportedly seeking a funding round valuing it...
