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Anthropic’s Claude Cowork targets busy work ahead of IPO
Yahoo Finance Video73d agoneutralVIDEO
Anthropic’s Claude Cowork targets busy work ahead of IPO

Yahoo Finance's Dan Howley discusses Anthropic's expansion of its Claude Cowork agentic AI platform to mobile devices and how the company is shifting its narrative to focus on eliminating busywork rather than replacing human workers.

Bloomberg74d agoneutral
Intel-Backed AI Chip and Software Maker Syntiant Files for IPO

(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po

Bloomberg75d agoneutral
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major Overhaul

(Bloomberg) -- Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Mi

OpenAI Has a Plan for IPO Success: Get Trump Involved
Barrons.com79d agoneutral
OpenAI Has a Plan for IPO Success: Get Trump Involved

OpenAI already has a lineup of impressive investors ahead of its eagerly awaited initial public offering. OpenAI has talked about offering a 5% ownership stake to the U.S. government, potentially via a sovereign wealth fund, the Financial Times reported Thursday, citing people familiar with the talks. There would be a couple of potential benefits for OpenAI if the Trump administration were among its investors.

Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO
Insider Monkey83d agoneutral
Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO

Microsoft Corporation (NASDAQ:MSFT) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years. On June 26, 2026, Microsoft Corporation (NASDAQ:MSFT)-backed OpenAI is leaning toward waiting until next year for its public listing, the New York Times’ Rob Copeland and Mike Isaac reported, citing three people involved in the company’s […]

Bloomberg84d agoneutral
AI’s Energy Crunch Has Investors Searching for Next IPO Winners

(Bloomberg) -- The artificial intelligence boom has a power problem, and Wall Street is betting billions on companies that promise to solve it — even if some of the technology hasn’t been fully developed yet. Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads and MacsAn Analyst’s Missed Rema

OpenAI vs. Anthropic: The Race to IPO Before the AI Hype Peaks Is On
24/7 Wall St.84d agoneutral
OpenAI vs. Anthropic: The Race to IPO Before the AI Hype Peaks Is On

On CNBC’s Closing Bell Overtime Thursday, the conversation circled back to the question every AI investor is now asking out loud. When do OpenAI and Anthropic stop pretending they want to stay private? The reporters laid out a clock that is mostly running on revenue physics. Anthropic’s revenue is up roughly 4x from last year, ... OpenAI vs. Anthropic: The Race to IPO Before the AI Hype Peaks Is On

SpaceX shares tumble as post-IPO frenzy loses steam
Reuters93d agobearish
SpaceX shares tumble as post-IPO frenzy loses steam

Shares of Elon Musk's rockets-to-AI firm SpaceX ‌dropped nearly 9% on Thursday, ‌as the post-IPO frenzy that briefly placed ​it among the top five most valuable companies of the world appeared to fizzle out. Its shares were ‌last down ⁠8.8% to $174.8, after falling nearly 5% in the last ⁠session. Despite the losses, the stock still traded more than 29% ​above its $135 ​offering price.

Bloomberg95d agobullish
SpaceX Set to Overtake Microsoft, Amazon in Value as Stock Soars

(Bloomberg) -- SpaceX shares jumped on Tuesday, putting the firm on track to overtake both Amazon.com Inc. and Microsoft Corp. to become the fourth largest publicly traded company in the world just days after its blockbuster debut.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealStudios in Microsoft’s Xbox Division Brace for ClosuresUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds W

Tech Weekly: A blockbuster IPO, a sweeping online block
Reuters Videos95d agoneutralVIDEO
Tech Weekly: A blockbuster IPO, a sweeping online block

<body><p>STORY: From a record-breaking IPO to a far-reaching online ban, this is Tech Weekly.&nbsp;</p><p>:: Tech Weekly</p><p>SpaceX on Thursday priced the biggest-ever U.S. initial public offering, raising a record $75 billion.&nbsp;</p><p>It’s made Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies.</p><p>Selling 555.56 million shares at $135 apiece, the company was valued at $1.77 trillion.&nbsp;</p><p>Thursday’s pricing supports Musk's most ambitious project yet - even as some analysts question whether its lofty valuation is justified.</p><p>The company said Monday its underwriters had exercised the so-called "greenshoe" option to purchase additional shares.</p><p>Microsoft has been sued by shareholders who say they've been defrauded.&nbsp;</p><p>They’ve said the tech giant inflated its stock price by failing to disclose slowing growth in its Azure cloud business.</p><p>And failing to disclose the need to spend billions of dollars on AI infrastructure.&nbsp;</p><p>The proposed class action, filed Friday, was prompted by Microsoft shares falling 10% on January 29 after an earnings report.</p><p>About $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.</p><p>Microsoft said on Monday it believes the claims are "without merit”.&nbsp;</p><p>British Prime Minister Keir Starmer said on Monday he would ban social media sites for under-16s..</p><p>And impose restrictions on gaming and livestreaming platforms for the age group.&nbsp;</p><p>This amounts to some of the world's most far-reaching online restrictions, with the ban coming into place by next spring.</p><p>He said this would help protect children online while pushing back against the power of big technology companies.</p><p>"At the moment, strangers can contact any child unchecked. Just think about that. Is there a situation in the offline world where you would just let your child pair up with a stranger, an adult that you don't know anything about?”</p><p>Ford and other automakers are scrambling to obtain U.S. government authorization to continue selling certain models - despite being on the market for years.&nbsp;</p><p>It’s due to a U.S. ban on Chinese-developed and -maintained software in connected vehicles.&nbsp;</p><p>Ford told Reuters it’s asked the U.S. Commerce Department for authorization to continue importing its China-built Lincoln Nautilus SUV.</p><p>And said despite its tech being built in the U.S., its installation in China now requires government approval.&nbsp;</p><p>Lawmakers have ​proposed making the rules even tougher.</p></body>

Residence Acquires Influencer Agency  GateMaker
MediaPost95d agoneutral
Residence Acquires Influencer Agency GateMaker

GateMaker was founded in 2021 by Ashton Wall and Amelia Soohoo and has worked with brands such as Amika, Estee Lauder Companies, Glossier, LG, L'Occitane en Provence, Milk Makeup, NARS, NEST, Pacifica, Rag & Bone, Reebok, Starbucks, and more.

SpaceX Approaches $3 Trillion Market Value as Post-IPO Rally Continues
InvestorsHub95d agobullish
SpaceX Approaches $3 Trillion Market Value as Post-IPO Rally Continues

SpaceX (NASDAQ:SPCX) shares continued their remarkable advance in premarket trading on Tuesday, building on strong gains from their first two sessions as a public company and pushing the aerospace group toward a market capitalization of nearly $3 trillion. The rocket and satellite operator completed the largest initial public offering in history last week, ending its first day of trading on Friday with a valuation of approximately $2.

SpaceX set to surpass Amazon's market cap as post-IPO rally continues
Reuters95d agobullish
SpaceX set to surpass Amazon's market cap as post-IPO rally continues

Shares of Elon Musk's SpaceX rose ‌more than 10% ‌in premarket trading on Tuesday, putting ​the company on course to overtake Amazon.com in market value to become the ‌world's fifth‑largest ⁠company, as it extended a post-IPO rally. The ⁠stock, which surged more than 19% on Monday, ​was last ​up ​10.1% at $211.8, giving ‌the company a market capitalization of nearly $2.8 trillion if gains hold. Amazon was last valued at $2.66 trillion.