Nvidia wants to put up to 10 billion dollars into Anthropic's IPO
According to Reuters, Nvidia is in talks to invest up to 10 billion dollars in Anthropic's IPO. At a 2 trillion dollar valuation it would be the largest in history.
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IPO
OpenAI's former number two joins Nscale's board, with an IPO planned for the autumn
Nscale, the UK data centre startup founded two years ago, has added Fidji Simo to its board. It is seeking up to 3.5 billion dollars in pre-IPO financing.
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Investors expect a $2 trillion valuation at Anthropic's public listing
According to six of the company's backers, Anthropic's planned October float could come at a valuation of $2 trillion or more. That would make it the largest initial public offering ever.
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OpenAI's executive shake-up continues with a new revenue chief
OpenAI has replaced chief revenue officer Denise Dresser after nine months with Dali Rajic, president and COO of Wiz. The change follows the departures of COO Brad Lightcap and Fidji Simo.
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Anthropic's revenue rose 14-fold in a year, with a $200B target for 2028
Anthropic told investors it generated more than $11.5 billion in second-quarter revenue. The company projects revenue of $190-200 billion for 2028.
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OpenAI's departures continue: a fourth name before the IPO
Chief revenue officer Denise Dresser is leaving. Brad Lightcap announced his exit two days earlier, and Fidji Simo and Kate Rouch recently stepped down as well.
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