OpenAI Expands ChatGPT Ads to 89 Countries to Boost Revenue
OpenAI announced on Wednesday that it is expanding advertising on ChatGPT to 26 additional countries, bringing the total number of markets to 89. The move comes as the artificial intelligence company strengthens its advertising...
Investors Lower Anthropic IPO Valuation Expectations to $1.5 Trillion
Investors in Anthropic are reconsidering the artificial intelligence company’s expected valuation ahead of its planned November initial public offering (IPO), with some now discussing a figure of around $1.5 trillion, down from earlier expectations...
JPMorgan Misses Profit Estimates as IPO Market Slows
JPMorgan Chase reported its first quarterly profit miss in nearly three years on October 13, as market volatility, economic uncertainty and slowing dealmaking weighed on its investment banking and trading businesses. The banking giant...
Bain Capital, GIC Explore $3.2 Billion Sale or IPO of Japan’s WHI
Bain Capital and Singapore’s sovereign wealth fund GIC are exploring an initial public offering or sale of Japanese human resources software company WHI Holdings at a valuation of at least 500 billion yen ($3.2...
US Securities Industry Profits Surge to $45.9 Billion in First Half of 2026
Profits across the US securities industry reached $45.9 billion in the first half of 2026, putting Wall Street on track to set a new annual record, according to a report released by New York...
Broadcom’s $42 Billion Financing Deal Deepens Anthropic AI Partnership
Anthropic’s IPO prospectus has revealed an unusually broad relationship with chipmaker Broadcom, spanning compute supply, equipment leasing and financing. Broadcom has agreed to lend Anthropic up to $42 billion to help finance its infrastructure...
Anthropic Eyes $2 Trillion Valuation as AI Ambitions Drive Massive Costs
Anthropic is preparing for a potential blockbuster IPO that could value the artificial intelligence startup at more than $2 trillion, according to its IPO prospectus reviewed by Reuters. The company reported revenue of nearly...
ADARx Pharmaceuticals Raises $446.3 Million in Upsized US IPO
ADARx Pharmaceuticals raised $446.3 million in an upsized US initial public offering, pricing 26.3 million shares at $17 each, the top end of its marketed range. The San Diego-based biotech had initially planned to...
Accelevation Targets $5.37 Billion Valuation in US IPO
Accelevation, a data centre infrastructure company backed by private equity firm Olympus Partners, is targeting a valuation of up to $5.37 billion in its US initial public offering (IPO), joining a growing wave of...
Oura Targets $15.62 Billion Valuation in US IPO
Smart ring maker Oura is targeting a fully diluted valuation of $15.62 billion in its US initial public offering (IPO), signalling renewed momentum in the autumn listing market. The company and existing investors plan...