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 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 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’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.
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.
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 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 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.
The U.S. is preparing to allow cryptocurrencies and alternative assets in 401(k) retirement accounts. The move could open a $12 trillion market to digital assets and private investments.
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 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.