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OpenAIβs cozy partner Cerebras is on track for a blockbuster IPO
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Tech Startups
- Blackstone targets $1.7B IPO for data center REIT as AI infrastructure boom accelerates
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 [β¦]
The post Blackstone targets $1.7B IPO for data center REIT as AI infrastructure boom accelerates first appeared on Tech Startups.
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Tech Startups
- AI chip startup Cerebras targets $3.5B IPO on Nasdaq as AI race heats up, eyes $26.6B valuation
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 Mondayβa move first reported by CNBC. The company plans to sell 28 million shares priced between $115 and $125. At the [β¦]
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.
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Tech Startups
- Blue Owl sells half its SpaceX stake at $1.25 trillion valuation for 10x return, co-CEO says
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 [β¦]
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.
Razorpay to confidentially file for Indian IPO
