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....
Anthropic customers are reportedly using lower-cost alternatives to its most powerful artificial intelligence model. That’s according to a report Sunday (Aug. 23) by the Financial Times (FT), which contends that this development among the startup’s U.S. customers raises questions about Anthropic’s aggressive spending ahead of...
Blockchain.com is the latest in a series of crypto companies going public. The company announced Thursday (May 21) that it had confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). “The number of shares...
January 03, 2025
By any stretch of the imagination, for the FinTech IPO Index, the last 12 months have been largely kind. Headed into 2025, the index was up more than 58% through the previous year, far outpacing the Nasdaq’s 28.6% advance through the same period. With those gains in the rearview mirror, the question remains: What’s next? […]
September 04, 2017
The 1960s TV show “Lost in Space” featured a robot that would stand pat, robot arms akimbo, shouting in its robot voice, “Danger, Will Robinson, danger!” The filming was crude,...
October 20, 2026
OpenAI is reportedly rushing to lockdown investors before chief competitor Anthropic goes public next month. That’s according to a report Monday (Oct. 19) by Reuters, which describes the effort as “unusually fast fundraising” that could bring OpenAI’s valuation to more than $1.4 trillion. Two sources familiar with the matter told Reuters this timetable is a […]
October 18, 2026
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...
October 15, 2026
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...
August 23, 2026
Anthropic customers are reportedly using lower-cost alternatives to its most powerful artificial intelligence model. That’s according to a report Sunday (Aug. 23) by the Financial Times (FT), which contends that...