OpenAI Secures $122 Billion Funding Round Ahead of Potential IPO
OpenAI has raised $122 billion in a record-breaking funding round to accelerate AI development. The deal comes as expectations grow for a future public offering.
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OpenAI Secures $122 Billion Funding Round Ahead of Potential IPO
By
Emma Clarke
OpenAI has raised $122 billion in a record-breaking funding round to accelerate AI development. The deal comes as expectations grow for a future public offering.
SpaceX Files Confidentially for IPO Ahead of Potential June Listing
SpaceX has reportedly filed confidentially for an IPO, with a potential listing as early as June. The move could kick off a wave of major tech offerings.
Apple Co-Founder Ron Wayne Claims He Still Owns 10% Stake
By
Emma Clarke
Apple’s third co-founder Ron Wayne says he still owns a 10% stake in the company despite exiting shortly after its founding. The claim has reignited debate over early ownership agreements.
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Eli Lilly Strikes Up to $2.75 Billion AI Drug Deal With Insilico Medicine
By
Emma Clarke
Eli Lilly will pay up to $2.75 billion to bring AI-developed drugs from Insilico Medicine to market. The deal highlights growing momentum in AI-driven drug discovery.
‘Mystery Dumpling’ Craze Drives New Wave of Collectible Demand
By
Emma Clarke
A new viral toy, ‘Mystery Dumpling’, is rapidly gaining popularity, overtaking Labubu as the latest collectible trend. The surge is fueling investor interest in companies tied to the craze.
Alphabet Could Rally 40% as Google Gains Ground in AI Race, Wells Fargo Says
Alphabet shares could rise as much as 40% as Google strengthens its position in artificial intelligence, according to Wells Fargo. Analysts cite improving monetization and AI leadership potential.
Novartis Acquires Excellergy for $2 Billion in Immunology Push
By
Emma Clarke
Novartis has agreed to acquire immunology biotech Excellergy for $2 billion, marking its second major deal in a week. The move strengthens its pipeline in next-generation allergy treatments.
OpenAI Shuts Down Sora Video Model Amid Soaring AI Costs
By
Emma Clarke
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
SpaceX Prepares IPO Filing That Could Value Company Above $1.5 Trillion
SpaceX is preparing to file for an initial public offering as soon as this week, with reports suggesting a potential raise of over $75 billion. The listing could become one of the largest IPOs in history.
Meta Targets $9 Trillion Valuation With New Executive Incentive Plan
By
Emma Clarke
Meta has introduced a new executive incentive program tied to a $9 trillion valuation target. The move underscores its aggressive push to lead the artificial intelligence race.
Oil Prices Drop After Trump Delays Potential Strikes on Iran Energy Sites
By
Nathan Cole
Oil prices fell sharply after President Donald Trump postponed potential U.S. strikes on Iran’s energy infrastructure. The delay eased fears of immediate supply disruptions in the Middle East.
Gold Suffers Worst Weekly Drop in Over 40 Years as War and Rates Hit Demand
By
Nathan Cole
Gold recorded its steepest weekly decline in more than four decades, falling 11% to $4,488 per ounce. Rising oil prices and expectations of prolonged high interest rates weakened its safe-haven appeal.