OpenAI Files for IPO, Eyes $1 Trillion Valuation
OpenAI filed a confidential S-1 with the SEC on June 8, targeting a public debut above $1 trillion as early as September 2026, following Anthropic by one week.
Articles Tagged "Investment"
AirTrunk Commits $30B to 5GW India Data Centers
Blackstone-backed AirTrunk pledges $30 billion and 5GW of AI data center capacity in India by 2030 - more than triple the country's current total installed base.
Trump Eyes Government Equity Stake in OpenAI
The Trump administration is in talks with OpenAI about donating equity to a US sovereign-style fund, a deal that would make American taxpayers co-owners of the most valuable AI startup on Earth.
Meta Deploys Tent Data Centers to Halve AI Build Time
Meta is building tent-style rapid deployment structures at its Ohio Prometheus facility, cutting construction timelines roughly in half and bypassing grid delays with off-grid gas power.
Alphabet's $85B AI Bet Reverses Decade of Buybacks
Alphabet priced an $84.75B equity raise on June 2, reversing a decade of share buybacks to fund a $180-190B AI infrastructure buildout - backed by a $10B bet from Berkshire Hathaway.
Anthropic Files for IPO, Eyes $1 Trillion Debut
Anthropic confidentially filed its S-1 with the SEC on June 1, targeting an October 2026 IPO at a near-$1 trillion valuation after a 5x revenue surge in six months.
ByteDance Plans $70B AI Capex, Tripling Last Year
ByteDance is weighing up to $70 billion in AI capital expenditure for 2026, nearly tripling its 2025 spend, while locking in offshore compute and a Qualcomm chip deal to sidestep US export controls as Doubao hits 345 million users.
SoftBank Commits €75B to French AI Data Centers
SoftBank will build 5 GW of AI data center capacity in France for up to €75 billion, a phased commitment that would create the largest AI compute cluster in Europe.
Anthropic Closes $65B Series H at $965B Valuation
Anthropic's $65 billion Series H closes at a $965 billion post-money valuation, pushing it past OpenAI as the most valuable private AI company - driven by $47B in run-rate revenue and a clear IPO runway.
Wall Street and Google Pool $5B to Rival CoreWeave
Blackstone commits $5 billion to a new Google joint venture selling TPU compute-as-a-service, directly challenging CoreWeave with Wall Street capital and Google's chip stack.
Qualcomm Hits Record High as AI Device Bet Pays Off
Qualcomm stock surged 12% to an all-time high on May 22 and is now up 75% in a month, driven by an OpenAI smartphone deal, a Stellantis car contract, and a data center chip push - forcing Wall Street to rethink a company it had written off.
AI Startups Are Gaming Revenue and VCs Look Away
AI founders are reporting contracted ARR as actual revenue, inflating public figures by 3-5x - and their investors know it.
