SpaceX S-1 Reveals Anthropic's $15B Annual Compute Deal
SpaceX's IPO filing discloses that Anthropic will pay $1.25 billion per month for compute across both Colossus data centers through May 2029, totaling roughly $45 billion.
Articles Tagged "IPO"
OpenAI Bets Everything on One Agentic Platform
OpenAI is merging ChatGPT, Codex, and the developer API into a unified agentic platform under Greg Brockman, while pausing Sora and shutting down its science and adult content experiments.
Cerebras $5.5B IPO Pops 68% - Biggest US Tech Debut Since 2020
Cerebras raised $5.55B and surged 68% on Nasdaq debut, the largest US tech IPO since Snowflake in 2020, but a 200x revenue multiple and a single-customer backlog tell a more complicated story.
Cerebras IPO 20x Oversubscribed Signals AI Chip Crunch
Cerebras Systems raised its IPO price to $150-$160 per share after investors placed over $10 billion in orders on a $3.5 billion offering - 20 times oversubscribed.
Anthropic Weighs $50B Raise - Could Top OpenAI
Anthropic is considering a $40-50 billion funding round at a valuation of up to $900 billion, which would make it the world's most valuable private AI company, surpassing OpenAI.
OpenAI Misses Revenue Targets - IPO in Doubt
WSJ reports OpenAI missed multiple monthly revenue targets and its 1B user goal in 2026, sending Oracle down 6% and chip stocks sliding as IPO doubts surface.
Anthropic Passes OpenAI in Revenue at $30B ARR
Anthropic's annualized revenue crossed $30 billion in April 2026, topping OpenAI's $24 billion run rate and marking the first time a rival has outpaced OpenAI in the generative AI race.
OpenAI Loses Three Execs as Sora Era Ends and IPO Nears
Kevin Weil, Bill Peebles, and Srinivas Narayanan all left OpenAI on the same day as the company dismantles its consumer moonshots and sharpens its focus on enterprise revenue ahead of a potential IPO.
A Shoe Company Ditched Shoes for GPUs and Surged 373%
Allbirds sold its entire footwear business for $39 million - roughly 1% of its $4 billion peak valuation - and is rebranding as NewBird AI to buy GPUs and rent compute to AI developers. The stock quadrupled in a day.
OpenAI's IPO Will Reserve Shares for Everyday Investors
OpenAI CFO Sarah Friar confirmed the company will reserve IPO shares for retail buyers, after the firm raised $3B from individuals in its $122B funding round - three times what it set out to raise.
After Pentagon Feud, UK Woos Anthropic to London
Britain is offering Anthropic a £40M research lab and a dual London Stock Exchange listing after the Pentagon branded the AI company a supply-chain risk.
OpenAI Calls for Robot Tax and a Public Wealth Fund
OpenAI published a 13-page policy blueprint proposing robot taxes, a public wealth fund for every American, and government-run 4-day workweek pilots as AI reshapes the economy.
