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South Korean neocloud-service provider Elice Inc.’s shares rose for a second straight day, climbing above their IPO price and suggesting investors remain committed to the AI trade despite surging industry spending.
The growing popularity of Chinese artificial intelligence models has emerged as a key risk factor for Anthropic ahead of its blockbuster initial public offering, according to US research firm Hedgeye Risk Management. “It’s all about Chinese competition when analysing Anthropic,” said Felix Wang, managing director and global tech sector head at Hedgeye. “Many of my clients are asking the same question.” The assessment comes as Anthropic faces renewed investor jitters over whether its massive AI...
Iambic Therapeutics Inc. shares soared 16% in its trading debut after the clinical-stage cancer drugmaker and technology firm raised $150 million in a US initial public offering.
Pledge comes days before Mukesh Ambani's low-cost Reliance Jio's parent launches India's largest-ever IPO.
How do you value a company that some fear could help wipe out the human race?
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
The expected postponement of Nvidia Corp.-backed data center company Firmus Grid Ltd.’s Australian IPO is an ominous sign for other proposed listings, coming after a string of disappointing debuts for artificial intelligence infrastructure firms.
Investors considering Anthropic PBC’s planned mega-IPO are grappling with an unusual conundrum: How to value a company that some fear could help wipe out the human race.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Moonshot AI has closed the final round of private fundraising at a valuation of about $50 billion and is heading toward an initial public offering in Hong Kong in the first quarter of next year, according to people familiar with the matter. (Source: Bloomberg)
Bloomberg Opinion Columnist Gautam Mukunda tells Bloomberg This Weekend that voluntary safeguards may not be enough to manage AI risks because competitive and financial pressures can push companies to prioritize growth over safety. Speaking with hosts David Gura and Christina Ruffini, Mukunda discusses the White House’s new AI task force, Anthropic’s planned IPO and broader questions about whether increasingly advanced AI systems can be safely governed. (Source: Bloomberg)