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21,268 signal articles · 494 in last 24h · 104,261 total before filter · latest 1h ago
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OpenAI Is Adding Two Independent Board Members Ahead of IPO
The Wall Street Journal15d agoneutral
OpenAI Is Adding Two Independent Board Members Ahead of IPO

OpenAI is adding David Vélez, founder and global chief executive of Nubank, a Latin American digital services firm, and Robin Vince, the chief executive of Bank of New York Mellon to its board of directors, the company said. Vince will chair the audit committee, OpenAI said. The company has worked to improve its corporate governance after a previous set of directors abruptly fired Chief Executive Sam Altman three years ago for what they described as a lack of candor in his communications, throwing the company into disarray.

If You Invested $2K in the SpaceX IPO, How Much Do You Have Now?
SmartAsset15d agoneutral
If You Invested $2K in the SpaceX IPO, How Much Do You Have Now?

SpaceX’s IPO was the biggest in history, raising $75 billion at $135 a share.1 The offering sparked much excitement, with retail investors keen on buying into one of the world’s most closely watched companies. If you had invested $2,000 at the $135 IPO price, here’s how much your investment would be worth today, and why […] The post If You Invested $2K in the SpaceX IPO, How Much Do You Have Now? appeared first on SmartReads by SmartAsset.

BlackRock-backed group commits $5 billion for Aligned Data Centers
Reuters15d agoneutral
BlackRock-backed group commits $5 billion for Aligned Data Centers

A ‌group backed ‌by BlackRock ​and Abu Dhabi-based fund MGX ‌on ⁠Tuesday committed an ⁠additional $5 billion ​in ​growth ​capital to ‌Aligned Data Centers, after acquiring one ‌of ​the ​world's ​biggest ‌data center operators. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Tasim ​ZAhid)

Reuters15d agoneutral
China's Zhongji Innolight to raise $8 billion in Hong Kong listing, sources say

China's Zhongji Innolight, a manufacturer of optical transceivers, ‌will launch a Hong Kong listing on Wednesday and ‌is seeking to raise at least $8 billion, according to three sources with direct knowledge ​of the matter. Zhongji Innolight did not immediately respond to a request for comment ⁠from Reuters. The deal will be Hong Kong's largest share sale in nearly seven years since Alibaba Group's $12.9 billion listing in 2019.

Bloomberg15d agoneutral
China’s GigaAI Seeks 2026 Hong Kong IPO in First for World Model

(Bloomberg) -- Jijia Vision is in discussions to hold an initial public offering on Hong Kong’s stock exchange as soon as this year, joining a flurry of Chinese AI firms planning public market debuts. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s Kimi K3 May Be More About Memory Than ComputeChinese AI Sensation Moonshot’s Gamble on