Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering (IPO), with JPMorganChase also involved in the deal, Bloomberg reported Wednesday (June 3), citing unnamed sources. The report said that more banks could be added, the IPO could be launched as soon as October, and the details of...
Saris has raised $28.8 million for its agentic workflow platform for financial institutions. The company’s Series A funding round, announced Monday (June 1), will be used to scale the Saris platform to more banks and credit unions, strengthen integrations with partners like Fiserv, Encompass and...
Anthropic said it has confidentially filed for an initial public offering (IPO). The artificial intelligence (AI) startup announced Monday (June 1) that it had submitted a draft registration statement to the Securities and Exchange Commission (SEC) about its IPO. “This gives us the option to...
Two of Great Britain’s leading building societies are reportedly weighing bids for FinTech Atom Bank. That’s according to a report Saturday (May 30) from the Financial Times (FT), which calls this part of a trend of member-owned financial institutions pursuing acquisitions to boost sales. Yorkshire...
Robinhood’s participation in the Trump Accounts program may lead to the company entering additional public-sector partnerships, Bloomberg reported Friday (May 29). The federal program could serve as a model for similar initiatives, and some states and other public-sector organizations have approached Robinhood about partnering on similar projects, Robinhood Chief...
Groq is looking to raise as much as $650 million from existing investors as it transitions from AI chipmaker to AI inference neocloud business, Axios reported Thursday (May 28). This move follows a $20 billion licensing deal with Nvidia that was announced in December and saw much of Groq’s senior...
Artificial intelligence (AI) startup Cognition said it is now a $26 billion company. As the company said in its announcement Wednesday (May 27), Cognition reached that valuation after raising more than $1 billion in a new Series D funding round, financing it will use for...
Artificial intelligence (AI) inference startup Baseten has reportedly been holding talks with investors to raise $1 billion. That funding would value the company at $11 billion, The Information reported Tuesday (May 26), citing a source familiar with the matter. Baseten was valued at $5 billion...
Bank of America expects Brazilian companies to launch at least 10 initial public offerings in 2027, Reuters reported Monday (May 26). These listings are expected to take place in both Brazil and the United States, and the deals should start at around $500 million, the report said,...