could seek as much as $100B from its much-anticipated U.S. initial public offering, the AI company’s bankers have said during recent discussions with potential investors. The New York Times reported, citing two people familiar with the matter. The
Every bull market eventually asks investors to squint past a number they’d rather not look at. In 2000, it was cash burn rates at dot-coms with no revenue. In 2008, it was mortgage-backed securities nobody could quite value. Today, it’s the financing behind t…
The fact that investment-grade rated projects are tapping junk debt investors to get at least some bond deals done underscores the feverish competition for capital
Palantir Technologies (NASDAQ:PLTR) took in $1.94 billion of revenue in the second quarter and kept $1.06 billion of it as net income. Out of every dollar the artificial intelligence (AI) software specialist collected, 55 cents dropped to the bottom line. For…
The market debut of artificial intelligence start-up Anthropic, a chief rival to OpenAI, could break the record set by SpaceX, US media have reported.Anthrop...
