Crunchbase AI News·
S-1 filings have been plentiful the past few weeks for venture-backed startups providing semiconductors, nuclear and geothermal power, biotech, and space and defense tech queuing up for a possible trip to the public markets.
Read full articleAI chipmaker Cerebras Systems is moving toward a long-awaited public offering, planning to sell 28 million shares priced between $115 and $125, which would value the company at up to $26.6 billion — a significant jump from its $23 billion Series H valuation just months ago. The company’s Wafer-Scale Engine 3 chip targets AI inference workloads, claiming […]
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. It's relationship with OpenAI is deep and rich.
Large U.S. venture deals this week were led by a massive defense tech raise for space security startup True Anomaly. We also saw sizable deals for startups applying AI to fintech, marketing, customer service, health care and developer tools.
Anthropic has asked investors to submit allocations within 48 hours for what is expected to be its final private fundraising round before an IPO, with the deal anticipated to close within two weeks, according to sources familiar with the matter. The round is targeting a valuation of approximately $900 billion, though sources indicate the final […]
Anthropic, the maker of the Claude AI assistant, is fielding multiple unsolicited offers to raise between $40 billion and $50 billion at a valuation ranging from $850 billion to $900 billion, according to sources familiar with the matter. The company is expected to reach a decision at a board meeting in May, in what could […]
You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.
Masayoshi Son plots IPO for business named Roze as soon as this year
Seven families of victims injured or killed in the Tumbler Ridge school shooting in Canada have filed lawsuits against OpenAI and CEO Sam Altman, accusing the company and its leadership of negligence after they failed to alert police to the suspected shooter's ChatGPT activity. The families allege OpenAI stayed silent after its systems flagged activity by shooting suspect Jesse Van Rootselaar in order to protect the company's reputation and upcoming initial public offering (IPO). The Wall Street Journal reports that OpenAI "considered" flagging the 18-year-old's activity to police, which reportedly involved conversations about gun violence, … Read the full story at The Verge.
