BusinessPerplexity CEO confirms plan to pursue IPO in 2028Perplexity CEO Aravind Srinivas told CNBC the AI search company intends to go public in 2028 regardless of how market reactions unfold to impending IPOs from Anthropic and OpenAI.2 min read
BusinessOpenAI filed confidential IPO paperwork, setting stage for trillion-dollar AI capital raceOpenAI has confidentially submitted IPO draft documents to the U.S.2 min read
BusinessOpenAI files for U.S. IPO, 2026 public listing under considerationOpenAI has submitted paperwork to the U.S.2 min read
BusinessOpenAI files confidential IPO application in the United StatesOpenAI has submitted a confidential application for an initial public offering in the United States, following a trend among major AI companies to pursue public funding.2 min read
BusinessOversubscribed SpaceX IPO Poised to Become Largest in HistoryInvestor demand for SpaceX's planned Nasdaq listing has far exceeded the shares on offer, Bloomberg reports, prompting banks to close institutional orders early.2 min read
BusinessGoogle orders millions of TPUs from Intel as AI demand strains chipmakersGoogle has reportedly contracted Intel to manufacture over three million tensor processing units (TPUs) with delivery by 2028, a deal that would bolster Intel’s foundry business amid global AI chip capacity shortages.2 min read
BusinessMarvell to Join S&P 500 After Strong Run; Shares Jump in PremarketMarvell Technology will be added to the S&P 500 on June 22, prompting a near 9.5% rise in premarket trading and bringing its year-to-date gain to about 210%.2 min read
BusinessSpaceX multiyear GPU deals: Google and Anthropic preorders are key threads before the IPOThe main parties are SpaceX, Google and Anthropic.2 min read
BusinessHuang: market sell-off is a buying opportunity as AI infrastructure build is only beginningNvidia CEO Jensen Huang said the recent global tech stock sell-off presents a buying opportunity because the construction of AI infrastructure is still at an early stage.2 min read
BusinessNvidia signs multi-year technology partnerships with major South Korean tech firmsDuring a visit to South Korea, Nvidia concluded strategic, multi-year technology agreements with several local companies — including SK Hynix, Naver, SK Telecom and LG Group — aimed at securing memory supply and expanding its customer base for AI data centers.2 min read
BusinessNvidia signs four strategic partnerships with South Korean companiesNvidia has concluded four strategic agreements with South Korean firms SK Hynix, Naver, Doosan and LG Group during CEO Huang Zsen-hszün’s visit to the country.2 min read
BusinessDamodaran: SpaceX’s fair value likely below its $1.77tn IPO price, AI arm is the riskiest betAswath Damodaran, New York University finance professor, values SpaceX between $1.25tn and $1.35tn—below the roughly $1.77tn Nasdaq debut valuation.2 min read
