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.
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.
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.
Anthropic has confidentially filed for an initial public offering, positioning itself for one of the most closely watched AI listings in history.
Morgan Stanley’s E*Trade is in talks to lead retail distribution for SpaceX’s record IPO, potentially sidelining platforms like Robinhood and SoFi.
Elon Musk has pushed out several leaders and employees at xAI as he restructures the company ahead of a potential initial public offering.
Canadian AI startup Cohere reported $240 million in annual recurring revenue for 2025, exceeding targets and setting the stage for a potential IPO in 2026.
Anthropic raises its funding target to $20 billion, with investors including Sequoia, Singapore’s sovereign wealth fund, and Coatue, boosting its valuation to $350 billion.
China-based AI startup MiniMax raised $620 million in its Hong Kong IPO, with shares doubling on the first day. The company develops large language models and AI applications for global users.
Anthropic is preparing to raise $10 billion at a $350 billion valuation, nearly doubling its recent value. Major backers include GIC, Coatue, Microsoft, and Nvidia, supporting cloud expansion and AI model development.
Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.
Chinese AI startup MiniMax plans a Hong Kong IPO, aiming to raise over $600 million with backing from Alibaba and Abu Dhabi Investment Authority. The move positions MiniMax as a key player in China’s generative AI market.
Biren Technology aims to raise HK$4.85 billion in its Hong Kong IPO, targeting AI chip development and intelligent computing growth amid strong investor interest.
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with U.S. peers.
Dynamix Corporation III has raised $175 million in an upsized IPO, with plans to acquire a company in the AI, energy, or digital asset sector.