The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders, and its major investors. Among the big winners is major shareholder Benchmark, which owns 9.5…
…The deal is sponsored by Mike Blitzer, the financier who helped bring Intuitive Machines and USA Rare Earth to public markets. Still, the decision to leave private markets behind highlights the competition…
…loans, and capital raised through stock sales. Whether public markets have the stomach to absorb that much, for that long, is the question that every AI company eyeing an IPO should be…
…and of Valor Management and a long-time Musk friend, pro-Musk board member and financier. He was on Tesla’s board from its startup days through the years after its IPO…
…Most recently, Ahuja was chief finance and business officer at drone company Zipline. But despite Ahuja’s many years running Tesla’s finances, and a hot IPO market for anything remotely related…
…Valued at $11 billion in a private equity round before its IPO, it had both VC firms and VIPs on its cap table, including big names from tech and entertainment. In its…
…to acquire Cursor for $60B in stock, days after blockbuster IPO ChatGPT’s market share slips below 50% for first time The US government’s Anthropic models ban was never about an…
…Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the most popular wearable health trackers, setting itself apart from Fitbit, Garmin and Apple…
…to autonomously deliver groceries, and while it’s certainly not mainstream yet, it isn’t a novelty anymore in certain markets. One more thing … Since the SpaceX IPO has just wrapped, I…
…Over time, the relationship between Mechanical Turk and AI models grew even more complicated. In a snake-eating-its-own-tail irony , a 2023 analysis found that between 33% and 46% of…