Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported...
Anthropic has reportedly told investors that its third-quarter revenue had jumped to $16.8 billion as it prepares to go public. That figure is up from $4.8 billion in the first quarter and $11.6 billion in the second, the Financial Times (FT) reported late Wednesday (Oct....
OPay, a digital financial platform built for emerging markets, has 50.1 million monthly active users and sees an addressable opportunity across billions of users and millions of merchants, the company said in a registration statement filed with the Securities and Exchange Commission for a proposed initial public offering....
If Revolut pursues an initial public offering, CEO Nik Storonsky wants the primary listing to be in the United States, Bloomberg reported Thursday (Oct. 8). During an interview with Bloomberg TV, Storonsky said, per the report: “That was always the target, given the deep liquidity of the U.S. market.” Storonsky had...
Firmus Grid, a Nvidia-backed Australian data center company, is having trouble generating support for its stock market listing, Bloomberg reported Thursday (Oct. 8). The development reveals a new weakness in the artificial intelligence funding boom, the report said. Firmus’ planned $5.5 billion initial public offering...
Payments infrastructure firm OpenPayd is reportedly setting the stage to go public in the U.S. The U.K. company expects to list on the Nasdaq by the year’s end as it prepares to enter the America market and embark on new acquisitions, CEO Iana Dimitrova said...
U.K. FinTech Zilch is reportedly in discussions with banks as it prepares to go public. The company, whose offerings include buy now, pay later (BNPL) loans, is looking to list on the London Stock Exchange, the Financial Times (FT) reported Wednesday (Sept. 30). Sources familiar...
Anthropic plans to launch its initial public offering in November, later than the October debut many investors had expected, The Wall Street Journal reported Friday (Sept. 18), citing unnamed sources. The November date may have been chosen to allow Anthropic to share its third-quarter financials,...
Revolut’s co-founder and CEO says the FinTech is considering a dual London and New York stock market listing. In an interview Thursday (Sept. 17) with French newspaper Les Echos, Nik Storonsky said the company wanted to list in the U.S. as the market there provides more liquidity and a...