Tag: IPO
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DeepSeek’s Revenue Just Doubled to a Billion a Year
DeepSeek just told investors its annualized revenue run rate has crossed a billion dollars, more than double what it was reporting only a few months ago. CEO Liang Wenfeng shared the number in a recent investor meeting, and it lines up with a much bigger move: the company is finalizing a second funding round of…
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Anthropic’s Revenue Pace Just Doubled in Two Months
Two months ago Anthropic was running at 65 billion dollars a year. Now, per a New York Times report picked up by Bloomberg and Axios, that number is past 100 billion, annualized. Back at the end of 2025 the company was sitting at 9 billion. So in under a year, the business grew more than…
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OpenAI Just Told Everyone the IPO Can Wait Until 2027
Sam Altman told Fortune magazine straight up: OpenAI is not going public this year. He said doing an IPO right now would be, in his words, ill-timed. Too much safety work still on the table. The new target is 2027, maybe sooner if the business keeps growing the way it has been. This is not…
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China’s New Chip Star Triples in Its First Trading Day
A Chinese chipmaker most people outside the industry have never heard of just had one of the wildest debuts a stock market has seen all year. Enflame, backed by Tencent, listed on Shanghai’s STAR Market and opened up 188 percent on day one. At one point the stock valued the company at roughly 185 billion…
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Anthropic Just Bet $517 Billion on More Compute
Anthropic is about to go public, and right before that happens, the numbers on how much compute it has locked in just came out. It is a lot. Since last October, the company signed deals adding up to roughly 14.8 gigawatts of computing capacity. Put a dollar figure on all of it over the life…
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Anthropic Is Chasing a Bigger IPO Than SpaceX’s Record
Anthropic just told investors it wants an IPO the size of SpaceX’s, or bigger. That is not a modest ask. SpaceX raised about eighty six billion dollars once the over allotment kicked in. Anthropic is reportedly aiming to match that or beat it, with a market debut that could land as early as October. The…
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Anthropic’s Sales Just Grew Fourteen Times Over
Anthropic just showed investors a number that explains a lot about why AI spending keeps climbing even when people expect the bubble to burst. The company’s revenue for the second quarter came in above 11.5 billion dollars. A year earlier, in the same three months, it was 787 million. Growth like that usually means a…
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China’s Unitree Opens IPO Subscription, DeepSeek Buys In
Unitree, the Chinese company behind those humanoid and quadruped robots you have probably seen in viral videos, opened subscription for its Shanghai IPO on August 10. It priced shares at 150.80 yuan each, valuing the company at roughly 61 billion yuan, about 9 billion dollars. This makes Unitree the first humanoid robot maker to list…
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China’s Top Robot Maker Is About to Go Public
Unitree just confirmed the dates for its Shanghai stock listing. Price consultations start August 5th, and the subscription window opens August 10th. If this goes through as planned, it becomes the first major humanoid robot company to list on mainland China’s stock market. The number attached is about 610 million dollars raised, valuing the company…
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A Chinese Chip Stock Just Had the Wildest Debut of the Year
A Chinese memory chipmaker most people outside the industry have never heard of just had one of the wildest first trading days in years. CXMT priced its Shanghai IPO at 8.66 yuan a share. It opened at 49.50 yuan. By the close it was up more than 470 percent, and its market cap landed around…