Anthropic is in early talks for a $30B+ raise at a $900B valuation as Cerebras popped 68% on its Nasdaq debut — AI capital markets hit two structural milestones in one week.
Cerebras IPO'd above range at $185 and surged 68% to ~$95B market cap — the first major dedicated AI-chip pure-play IPO, establishing a new public-market benchmark for AI silicon.
Cerebras IPO: opened at $350 vs $185 offer price, $100B+ valuation. Largest US tech IPO since Uber 2019. $5.5B raised in total offering.
Anthropic is negotiating up to $50B at a $900B–$1T pre-money valuation, with Dragoneer, General Catalyst, and Lightspeed in talks and an October 2026 IPO targeted.
Silex Microsystems +160% in Stockholm IPO debut: ~$220M raised in the strongest sizable European IPO opening in nearly five years.
Blackstone's data center REIT seeks up to $1.75B in IPO proceeds, targeting newly built facilities valued $250M–$1.5B — one of the largest public AI infrastructure vehicles to date.
Six concurrent signals in 24 hours mark a structural AI capital inflection: Cerebras $40B IPO, Anthropic's PE joint venture, EU compute criticism, and lenders quietly exiting AI debt.
TSMC exits its Arm position with a ~131% return, selling 1.11M shares for $231M — more than doubling the original 2023 IPO investment of ~$100M.
WSJ reveals OpenAI's CFO warned on compute funding, then was excluded from key infrastructure meetings. Musk trial opens as $852B valuation comes under pressure.
SpaceX S-1 discloses multiple CSAM investigations into xAI's Grok as a material risk to global market access — a first for an IPO filing.
Curated AI insights — sent when there's something worth your inbox.