OpenAI and Anthropic File for IPO
In brief
- OpenAI and Anthropic have filed for initial public offerings.
- The companies are expected to be valued at around $1 trillion each.
- Their IPOs will give investors a direct way to buy into these AI leaders.
- Previously, investors had to buy stock in companies like Microsoft or Amazon to get exposure to OpenAI and Anthropic.
- This change may affect other tech stocks.
- Investors may sell their current holdings to buy into OpenAI and Anthropic.
- The IPOs will be closely watched in the coming months.
Read full story at Business Insider →
More briefs
AI Labs Plan to Raise $200 Billion
Three AI labs plan to go public to raise funds. They are Anthropic, OpenAI, and SpaceX. They will raise about $200 billion in less than six months. This will give them a combined valuation of $3.6 trillion. SpaceX will debut on the stock market this Friday to raise $75 billion. It will make its founder very rich. Elon Musk will become the first person with a net worth close to $3 trillion.
Supermicro to Raise $7bn for AI Servers
Supermicro will raise $7bn to fund orders for its AI servers. The company has $39bn in orders from over 20 customers. The money will buy parts to build the servers. This is important because Supermicro needs to meet its orders. The company will sell $5bn in stock to raise the money. Supermicro will start selling more stock later this year to raise up to $2bn more. The company will use the money to build its AI servers and pay off debt. Supermicro will now work to fill its large orders for AI servers.
US Energy Demand Sparks Backup Generator Proposal
US electricity demand is rising quickly due to data centers that process artificial intelligence. The US Secretary of Energy has proposed using 35 gigawatts of backup generators to meet energy needs. These generators are currently used as emergency power sources at hospitals, offices, and data centers. However, they are also major polluters, emitting fine particulate matter that causes around 100,000 premature deaths in the US each year. Running these generators continuously could worsen air pollution near major cities, posing serious health risks. The US will need to consider the environmental impact of meeting its rising energy demands.
Bitcoin Inflows Slow Down in 2026
Bitcoin inflows have slowed down sharply in 2026. This is because investors are now chasing AI-related assets. Bitcoin exchange-traded fund flows have weakened. ETF outflows have totaled $2.6 billion this year. This is a relatively modest amount. A broader investor base has created a healthier market structure. Bitcoin ownership is becoming less dependent on retail investors. The cryptocurrency has fallen from $82,000 to around $63,000. It will be important to see how bitcoin performs in the coming months.
Arca Blames Strategy's Sale for Bitcoin Crash
Arca says Strategy's sale of 32 BTC caused last week's bitcoin crash. This sale was worth roughly $2.5 million. Bitcoin fell nearly 14% to $60,000 last week. Arca's Chief Investment Officer says the sale signaled that Strategy may need to sell more bitcoin to meet its cash dividend obligations. Strategy still holds 845,256 BTC worth billions of dollars. The market is worried about what comes next. Strategy's chairman Michael Saylor blamed the AI boom for the crash. Arca disagrees with Saylor. Bitcoin's future is uncertain and investors are waiting to see what happens next.