Australian data centre operator pulls $5bn IPO
Nvidia-backed Firmus abandons plan to list in Sydney, blaming ‘recent market volatility and prevailing market conditions’
Financial Times AI1 min read
IPO
119 stories
AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believed
Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry.
SiliconANGLE4 min readNvidia-backed Firmus scraps $5bn Australian IPO on weak demand
SYDNEY (Reuters) -- Australia's Firmus, a data center operator backed by Nvidia, shelved its $5 billion initial public offering, citing market volatil
Nikkei Asia Tech4 min readSponsor Spotlight: Life after the IPO
Jill Hallquist from Fidelity's digital transfer agent business, and Lenka Haase of Fidelity stock plan services offer advice to companies going public.
Business Insider - AI1 min readNvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow
Firmus Grid Ltd. abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia Corp.-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.
Bloomberg Technology1 min readJPMorgan's Gehl on Tech & AI Fundraising, Capex, IPO
Matthew Gehl, Co-head of International Technology Investment Banking at JPMorgan spoke to Bloomberg's Tom Mackenzie at the 2026 JPMorgan Tech Stars event in London on Oct. 6. (Source: Bloomberg)
Bloomberg Technology1 min readNvidia-Backed IPO’s Cratering Demand Sends Warning on AI Funding
The sudden plunge in demand for an Nvidia-backed data center company’s initial public offering is revealing fresh cracks in the AI funding boom.
Bloomberg Technology1 min readKuaishou’s Kling AI reportedly picks banks for Hong Kong IPO targeting at least $1 billion
Kling AI, Kuaishou’s AI video-generation business, has selected banks for a potential Hong Kong initial public offering that could raise at least $1 billion, Bloomberg reported on October 6, citing people familiar with the plans.
TechNode - China AI1 min readAnthropic will be 'most ridiculous IPO' of year, analyst says
Anthropic reportedly plans to list on the Nasdaq before Thanksgiving, and one bearish advisory firm suggests that investors sit this one out.
CNBC — Technology3 min readSK Hynix’s Solidigm Is Said to Pick Banks for US IPO Next Year
SK Hynix Inc.’s Solidigm has picked lead banks for its US initial public offering next year, according to people familiar with the matter.
Bloomberg Technology1 min readThere Was Never An Easy AI Era, And Investors Are Raising The Bar
As AI IPOs bring greater scrutiny, argues guest author Maor Farid, founder and CEO of Leo AI, investors will increasingly prioritize customer spending growth, sustainable margins and deployment efficiency over rapid revenue growth alone.
Crunchbase News - AI4 min readNorth America’s Startup Funding Falls In Q3 As AI Giants Eye The Public Markets
In total, investors poured $92 billion into seed- through growth-stage rounds for U.S. and Canadian startups in the third quarter, per Crunchbase data. That’s a 35% decline from the prior quarter but up 50% from year-ago levels.
Crunchbase News - AI7 min readDimensional PM on IPO Pipeline, Concentration Risks
Joel Schneider, Dimensional’s Deputy Head of Portfolio Management for North America, says well-founded IPOs can attract strong interest regardless of broader market conditions, but investors should look beyond the initial pop: IPOs have historically tended to underperform the market afterward,…
Bloomberg Technology1 min readAI computing startup Lambda to raise $4B ahead of planned IPO
Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.
TechCrunch AI3 min readFirstCry-backed Swara Baby Products gets Sebi nod for Rs 1,000 Cr IPO
The IPO will be a combination of fresh issue of shares and offer for sale.
YourStory AI2 min readExclusive: IPO-Bound StockGro Raises ₹110 Cr From Existing Backers
Invest tech startup StockGro, which pre-filed its IPO papers last week, raises ₹110 Cr (around $10.4 Mn) as a part…
Inc42 AI News3 min readSwara Baby Products Secures SEBI Nod For ₹1,000 Cr IPO
Swara Baby Products, a contract manufacturer of disposable hygiene products and a subsidiary of omnichannel kidswear brand FirstCry’s parent Brainbees…
Inc42 AI News3 min readCATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO
Deepseek is close to raising at least $12 billion in a new funding round, Bloomberg reports. The article CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO appeared first on The Decoder.
The Decoder2 min read
Showing 36 of 119 stories
Load more storiesAiByts Weekly Brief
Get the top AI news and tools straight to your inbox every week.
Weekly · AI news
Join 15,000+ AI enthusiasts