Anthropic's $15B credit facility signals an IPO race with SpaceX
Anthropic expands its credit facility to $15B ahead of an IPO aiming to rival SpaceX's record $86.2B raise.
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Anthropic's $2T IPO hinges on 31x revenue multiple, says PitchBook analyst
Anthropic targets a $2T IPO valuation, 31x its July annualized revenue, as it faces challenges in compute, regulation, and competition.
Anthropic's $30T TAM claim sets new bar for AI IPOs
Anthropic projects a $30T total addressable market, outpacing SpaceX's $28.5T claim in its upcoming IPO filing.
OpenAI's ad revenue hits $1B annualized run rate, fueling IPO momentum
OpenAI's ad business hits $1B annualized revenue run rate, expanding to 40+ countries ahead of its highly anticipated IPO.
Meta's $10B Anthropic spending spree complicates a $2T IPO
Meta projected $10B annual spending on Anthropic's AI models, while preparing its own competing tools and a $2T IPO for Anthropic.
OpenAI's data center chief departs amid Stargate project shakeup
OpenAI's data center chief Chris Malone leaves as the company adjusts its Stargate data center strategy and faces high compute costs.
OpenAI loses 12 execs as Brockman reshapes IPO-bound company
OpenAI's executive exodus continues with 12 departures, including key leadership roles, as Greg Brockman reasserts control ahead of the IPO.
Anthropic's $65B revenue surge outpaces OpenAI ahead of IPOs
Anthropic's annualized revenue hits $65B, surpassing OpenAI's $40B as both prepare for IPOs in a $30T AI market.
Anthropic's $1T valuation hinges on a risky public debut amid political and financial storms
Anthropic, the OpenAI rival, targets a $65B raise as it prepares to go public amid legal battles and massive losses.
Anthropic's $2T IPO hinges on navigating AI backlash, data center slowdowns
Anthropic's IPO filing will highlight AI backlash and data center opposition as key risk factors, with a potential $2T valuation.
Anthropic targets $100B IPO as OpenAI stumbles, data centers become political battleground
Anthropic aims for a record-breaking IPO, while OpenAI slows and data centers become a political hot topic in midterm elections.
Anthropic targets $86.2B IPO, aiming to top SpaceX's record
Anthropic PBC aims to surpass SpaceX's $86.2B IPO with its own public offering, targeting a filing by month's end.
OpenAI targets 2027 IPO, cites 35% revenue growth
OpenAI CFO Sarah Friar announces plans for a 2027 IPO, highlighting a 35% revenue growth and 20M weekly active users.
OpenAI pauses scaling, introduces zero data retention for select API customers ahead of IPO
OpenAI slows scaling efforts and plans zero data retention for eligible API customers, moves seen as IPO positioning.
Anthropic's $2T IPO hinges on audited Q2 revenue of $11.5B+
Anthropic's IPO could reach $2T, fueled by $11.5B+ Q2 revenue and compute cost reductions, but faces regulatory and competitive challenges.
Anthropic's revenue run rate hits $65B, outpacing OpenAI
Anthropic's annualized revenue run rate hit $65B in July, outpacing OpenAI's $40B, with a potential $2T IPO valuation.
Anthropic's $65B run rate puts it ahead of OpenAI as IPO looms
Anthropic's annualized revenue run rate hits $65B, driven by Claude's enterprise demand, as it prepares for a potential IPO.
OpenAI's 12 senior exits as IPO looms, enterprise revenue tops $40B
OpenAI faces management shakeup with 12 senior departures, including COO and CRO, as enterprise revenue surpasses $40B annualized.
OpenAI dissolves preparedness team as IPO looms, safety roles absorbed
OpenAI has disbanded its preparedness team, shifting safety responsibilities to existing units as it prepares for a potential IPO.
Anthropic's $11.5B quarterly revenue highlights US AI's China challenge
Anthropic's revenue surged to $11.5B in Q2, but Chinese AI models like DeepSeek are gaining ground with lower pricing.
Anthropic's $200B 2028 revenue forecast hinges on enterprise AI boom
Anthropic projects $200B revenue by 2028 as enterprise AI demand drives profitability, OpenAI shifts to cost-efficient models
Anthropic hits $11.5B Q2 revenue, up 14x YoY, as IPO looms
Anthropic's Q2 revenue surges to $11.5B, up 14x YoY, as it prepares for a potential IPO this fall.
OpenAI's chief revenue officer exits after 9 months, fueling IPO uncertainty
OpenAI's chief revenue officer Denise Dresser departs after 9 months, raising concerns about the company's IPO plans and stability.
Anthropic's $2T IPO filing hints at AI's infrastructure ambitions
Anthropic files for a $2T IPO, signaling AI's growing role as core business infrastructure, but high costs and open models raise questions.
OpenAI's AI ethics lead Chloé Bakalar departs after one year, adding to executive exodus
OpenAI's AI ethics lead Chloé Bakalar has left the company after just one year, following a string of high-profile executive departures.
Anthropic CFO Krishna Rao kicks off IPO talks, valuation still undiscussed
Anthropic CFO Krishna Rao begins early IPO meetings with investors, focusing on Claude AI models and management, but no valuation discussed yet.
Anthropic's IPO prospects and hyperscaler dependency on OpenAI, Anthropic models dominate August AI debate
Notable Capital and Steve Eisman highlight Anthropic's IPO potential and hyperscalers' reliance on OpenAI and Anthropic models in August AI market discussions.
OpenAI's COO Brad Lightcap exits as leadership exits near 5 ahead of IPO
Brad Lightcap, OpenAI's COO, departs after eight years amid a wave of leadership changes as the AI giant considers an IPO.
Nvidia secures $500B AI financing consortium with Wall Street giants
Nvidia partners with Apollo, BlackRock, and others for a $500B AI infrastructure funding package, reshaping the AI financing landscape.
OpenAI's $852B valuation hinges on AI-powered zero-day close
OpenAI CFO Sarah Friar aims to revolutionize finance with AI-driven zero-day close as the company prepares for a potential IPO.
OpenAI's $7B employee share buyback hints at delayed IPO, $852B valuation
OpenAI buys back $7B in employee shares, maintaining $852B valuation, signaling potential IPO delay.
Anthropic's $965B valuation faces IPO test as it files confidentially
Anthropic, the company behind Claude, files for a 2026 IPO with a $965B valuation after a $65B funding round.
Anthropic eyes $36B debt financing with Blackstone for Google AI chips
Anthropic explores $36B debt financing with Blackstone for Google AI chips, surpassing a prior $35B deal.
Zepto IPO hits snag as mutual funds demand 30-40% valuation cut
Top mutual funds resist Zepto's $4-5B IPO valuation, seeking a 30-40% reduction as the quick commerce startup prepares to launch.
NVIDIA's Jensen Huang predicts OpenAI and Anthropic could top IPO records
NVIDIA CEO Jensen Huang says OpenAI and Anthropic could set new IPO success benchmarks, highlighting their market potential.
Anthropic's $47B revenue run rate outpaces OpenAI as both eye IPOs
Anthropic's enterprise focus drives $47B revenue run rate, outpacing OpenAI as both AI giants prepare for potential IPOs.
Anthropic's $1.2T valuation hinges on October IPO amid market volatility
Anthropic, creator of Claude AI, eyes a $1.2T valuation as it prepares for a potential October IPO, following strong private-market demand.
Anthropic explored acquiring Physical Intelligence, a robotics firm valued at $11B
Anthropic reportedly held acquisition talks with Physical Intelligence, a robotics startup valued at $11B, according to The Information.
OpenAI adds Nubank CEO David Vélez and BNY's Robin Vince to boards ahead of IPO
OpenAI appoints David Vélez of Nubank and Robin Vince of BNY to its boards as it prepares for a potential IPO, valued at over $850B.
DeepSeek, Moonshot, GigaAI target IPOs as China's AI startups race to raise $30B+
DeepSeek, Moonshot AI, and GigaAI accelerate IPO plans to fund AI research, infrastructure, and global expansion.
OpenAI targets September 2026 IPO with potential $1T valuation, insiders say
OpenAI plans to file for an IPO as early as this week, aiming for a September 2026 debut with a potential $1T valuation.