Key Highlights: CoreWeave shares surged 10% in premarket action following a 168% year-over-year revenue increase in the third quarter and an increased full-year forecast of up to $13.3 billion. The strong print sparked a broader rally across AI infrastructure names, lifting IREN, Galaxy Digital, and Cipher Digital, while Nasdaq 100 futures gained over 1.5%. Macro ...
Key Highlights: The FTX bankruptcy estate previously offloaded its stake in Anthropic for roughly $1.34 billion, securing an $800 million profit across 38 buyers. Anthropic has filed an updated S-1 to list on Nasdaq under the ticker ANT, targeting a price range of $70 to $78 per share, which implies a fully diluted valuation reaching ...
Key Highlights: Dinari backs its dShares 1:1 with traditional equities via clearing firm Alpaca Securities, operating distinct legal structures for domestic and offshore investors. Domestic U.S. dShare users must clear identity checks, cannot transfer or wrap tokens into decentralized finance (DeFi), and rely on Dinari Securities brokerage infrastructure for dividends and proxy voting. Asset-backed instruments ...
Key Highlights: Investment firm XN is preparing to expand its $5.3 billion position in Anthropic post-IPO, even as early investors face strict lockup terms limiting sales to 8% in the first quarter post-listing. Prospective public market buyers are pushing back against Anthropic’s proposed $1.5 trillion valuation following a tech sell-off, down from earlier $2 trillion ...
Key Highlights: Anthropic posted a $567 million operating loss and a $23.3 billion net loss in the third quarter, reversing a $974 million operating profit from Q2. Revenue reached $17 billion, though year-over-year expansion decelerated to 47% compared to 144% in the previous quarter. Surging expenses stemmed largely from $5 billion spent on short-term computing ...
Key Highlights: Traders are leveraging decentralized crypto exchange Hyperliquid to place debt-fueled bets on Anthropic ahead of its potential initial public offering. Trading volume centers on two perpetual swap instruments: Entropy’s ANTH and trade.xyz’s ANT. Anthropic warns that unauthorized share offerings via forward contracts or tokenized securities are likely worthless, though the perpetual swaps offer ...
Key Highlights: OpenAI has reduced its fundraising target to approximately $20 billion at a revised $1.25 trillion valuation, down from earlier goals of $30 billion at $1.4 trillion. The recalibration follows a steep, multi-week market selloff across artificial intelligence-related equities. OpenAI faces mounting capital competition from rival Anthropic, which is eyeing an aggressive public debut ...
Key Highlights: Crypto markets are pricing a potential Anthropic IPO at nearly $1.9 trillion, surpassing Bitcoin’s current market cap of roughly $1.6 trillion. Crypto exchanges are listing synthetic pre-IPO perpetual futures tracking Anthropic, despite past failures to deliver tokenized SpaceX shares and explicit warnings from Anthropic’s management. Bitcoin faces a different macroeconomic backdrop than during ...
Key Highlights: Anthropic submitted a confidential S-1 filing to the U.S. Securities and Exchange Commission on June 1, eyeing a stock market debut this fall near a $2 trillion valuation. Even if its listing is pushed past the November U.S. midterm elections, Anthropic is positioned to beat competitor OpenAI to the public markets, with OpenAI ...
Key Highlights OpenAI is seeking at least $30 billion in new funding at a valuation of about $1.4 trillion, excluding the fresh capital. The ChatGPT developer has postponed its planned 2026 initial public offering and will not list this year, CEO Sam Altman said. OpenAI’s annualised revenue run rate has surpassed $40 billion, while rival ...
Key Highlights OpenAI is pushing its earliest potential public debut to 2027. CEO Sam Altman said an IPO in 2026 would be “ill-advised” as the company focuses on AI safety. Rival Anthropic is pursuing an IPO this year that could value it at more than $2 trillion. OpenAI Delays Potential IPO Until 2027 OpenAI’s fundraising ...