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Blackstone targets $1.7B IPO for data center REIT as AI infrastructure boom accelerates

Blackstone is making a fresh move in one of the hottest corners of the market: the infrastructure powering artificial intelligence. The private equity giant is taking a newly formed investment vehicle public, aiming to raise just over $1.7 billion in […]

The post Blackstone targets $1.7B IPO for data center REIT as AI infrastructure boom accelerates first appeared on Tech Startups.

AI chip startup Cerebras targets $3.5B IPO on Nasdaq as AI race heats up, eyes $26.6B valuation

Cerebras is aiming to raise up to $3.5 billion in a Nasdaq listing, according to an updated prospectus filed Mondayβ€”a move first reported by CNBC. The company plans to sell 28 million shares priced between $115 and $125. At the […]

The post AI chip startup Cerebras targets $3.5B IPO on Nasdaq as AI race heats up, eyes $26.6B valuation first appeared on Tech Startups.

Blue Owl sells half its SpaceX stake at $1.25 trillion valuation for 10x return, co-CEO says

Blue Owl is cashing in on one of its most lucrative bets.Β The alternative asset manager has sold roughly half of its stake in SpaceX at a $1.25 trillion valuation, turning an early investment into a 10x return. The update came […]

The post Blue Owl sells half its SpaceX stake at $1.25 trillion valuation for 10x return, co-CEO says first appeared on Tech Startups.

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