The AI company behind Claude is set to offer the public shares of stock sometime this year.
Anthropic, which operates AI chatbot Claude, did not disclose the size or the terms of the offering.
MiniMax Group, the Chinese artificial intelligence model company, has officially kicked off plans to sell shares in mainland China. This offers onshore investors access to AI players beyond chipmakers and completes a dual-listing status in addition to Hong Kong. The Shanghai-headquartered company signed an agreement with Citic Securities on Friday, hiring the brokerage to help prepare for a sale of yuan-denominated shares. While other details on the listing are scant, it is widely expected that...
AI giants are racing towards public listings as valuations soar.
Moonshot AI, the Chinese AI unicorn behind the popular Kimi chatbot, has informed shareholders that it intends to dismantle its offshore structure to pave the way for an initial public offering, likely in Hong Kong, according to people familiar with the matter. The Beijing-based start-up, with assets held by a Cayman Islands parent company, has proposed a plan to remove its variable interest entity (VIE) structure. The company sought feedback from investors this week, the two sources said,...
Shares of METiS TechBio surged 173 per cent on their Hong Kong debut on Wednesday as the AI-driven drug design start-up’s initial public offering drew strong demand from investors amid buoyant sentiment for AI-related stocks in the city. Its stocks first traded at HK$28.68, significantly higher than its offering price of HK$10.50 each. Co-founder and CEO of METiS TechBio, Lai Tsai-Ta, who obtained a PhD from the Massachusetts Institute of Technology in the US, said artificial intelligence had...