OpenAI Targets 2027 IPO Timeline
OpenAI CFO Sarah Friar tells staff the company plans to go public by 2027 at the latest, addressing questions about rival Anthropic's faster path to an IPO.
Capital markets News and Analysis
5 verified stories covering Capital markets, product updates and industry developments.
Damodaran warns an AI crash could beat dot-com pain
The valuation scholar argues that debt-funded AI infrastructure makes this boom more socially exposed than the software bubbles before it.
AI chip stocks push India down market rankings
Taiwan and South Korea overtook India by market value as TSMC, Samsung and SK Hynix rallied on AI infrastructure demand.
23 S&P 500 Firms Blaming AI for Layoffs See 56% Stock Drop
CNBC data shows that 56% of S&P 500 companies citing AI as a reason for layoffs saw their stocks fall an average of 25%.
MiniMax Surges 470%, Zhipu AI 570% on Hong Kong Stock Exchange
Chinese AI startups MiniMax and Zhipu AI have seen their share prices soar by 470% and 570% respectively since their Hong Kong IPOs in January, defying heavy losses and outperforming expectations.