AI Startup Funding Share Falls to 53% as Venture Hits $65B
AI startups captured 53% of global venture funding in July, their lowest share since December, even as total investment reached $65 billion in a record month for mega-rounds.
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AI startups captured 53% of global venture funding in July, their lowest share since December, even as total investment reached $65 billion in a record month for mega-rounds.
SoftBank plans to sell about ¥60 billion of notes in Japan this month, its latest raise to fund a mounting AI bet that includes nearly $65 billion committed to OpenAI.
Anthropic is scheduling investor meetings ahead of a potential IPO as soon as October, a move that could take the Claude maker public before rival OpenAI.
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
More than 600 OpenAI employees sold a combined $6.6 billion in shares in October, marking one of the largest pre-IPO payouts in Silicon Valley history.
Anthropic has confidentially filed for an initial public offering, positioning itself for one of the most closely watched AI listings in history.
OpenAI is preparing to confidentially file for an IPO that could become one of the largest public offerings in history.
Alibaba reported a sharp decline in core profitability as aggressive AI and e-commerce investments weighed on earnings despite strong cloud growth.
HSBC raised its year-end S&P 500 target, citing strong AI-driven earnings growth led by major technology companies.
Intel stock surges to record as Apple explores U.S. chip production, highlighting AI-driven demand and renewed momentum in the semiconductor sector.
AI stocks fell sharply after reports that OpenAI missed growth targets and raised internal financial concerns. The news triggered a ripple effect across cloud and chip companies.
Strong CPU demand in Intel’s earnings report has lifted chip stocks, with AMD surging on expectations of broader AI-driven growth. Analysts say CPUs are becoming critical again.
Anthropic has reached a $1 trillion implied valuation on secondary markets, surpassing OpenAI amid rapid revenue growth. The surge highlights strong investor demand but raises questions ahead of a potential IPO.
Retail investors can now gain exposure to OpenAI through Robinhood’s venture fund, which has taken a $75 million stake in the AI company.