Topic: ipo plans
-
Oura CEO on IPO Plans and Unwavering Data Privacy
Oura Health's CEO confirmed the company is positioned for an IPO but has not set a specific timeline, prioritizing user data privacy as nonnegotiable. The company expects to achieve $1 billion in annual revenue this year, doubling its previous performance and highlighting its growth in the health...
Read More » -
Gupshup Secures $60M in Funding, Unicorn Status Still Uncertain
Gupshup, a business messaging platform, secured $60 million in new funding to expand in high-growth markets like India and Latin America, though its current valuation remains undisclosed. The company has evolved from SMS-based tools to AI-powered chatbots and agents, focusing on automating custom...
Read More » -
Jar Profits by Helping Millions Save in Gold
Jar is a profitable Indian fintech platform that enables first-time savers to invest in digital gold, leveraging cultural affinity and accessibility with investments as low as ₹10. The company has over 35 million users, with significant growth from tier-2 and tier-3 towns, and has seen revenue su...
Read More » -
Cerebras Raises $1.1B While Still Private a Year After IPO Filing
Cerebras Systems raised $1.1 billion in Series G funding, reaching an $8.1 billion valuation, co-led by Fidelity and Atreides Management, despite previous IPO plans for 2025. The company's growth is driven by strong demand for its AI inference services launched in 2024, leading to workforce expan...
Read More » -
Mistral AI Explained: The Rising OpenAI Competitor
Mistral AI is a leading European AI startup, competing with OpenAI through innovative models like Le Chat, backed by strong funding and partnerships while prioritizing openness and sustainability. Le Chat's mobile launch gained rapid traction in France, hitting 1M downloads in two weeks and intro...
Read More » -
ServiceNow Acquires Cybersecurity Firm Armis for $7.75 Billion
ServiceNow is acquiring cybersecurity firm Armis for $7.75 billion in cash, significantly expanding its security portfolio and integrating asset intelligence into its platform. Armis, a rapidly growing company with over $340 million in annual recurring revenue, opted for this acquisition over an ...
Read More » -
Nscale Partners with Microsoft on Major AI Infrastructure Deal
Nscale has partnered with Microsoft to deploy nearly 200,000 Nvidia GB300 GPUs across data centers in Europe and the U.S., significantly expanding AI infrastructure and establishing Nscale as a key global player. The deployment includes 104,000 GPUs in Texas, 12,600 in Portugal, and additional un...
Read More » -
Elon Musk Merges xAI With SpaceX to Form World's Most Valuable Private Firm
Elon Musk has merged his AI company xAI with SpaceX to form a private technology giant valued at $1.25 trillion, aiming to address future AI energy demands by developing orbital data centers. The merger consolidates Musk's business interests, combining SpaceX's space infrastructure with xAI's adv...
Read More » -
OpenAI's $10B Deal with Cerebras for AI Compute Power
OpenAI has entered a multi-year, multi-billion dollar partnership with chipmaker Cerebras to secure 750 megawatts of dedicated compute capacity, aiming to power next-generation AI applications. The deal aims to dramatically improve AI performance by using Cerebras's specialized systems to acceler...
Read More » -
India's Arya.ag Thrives with Investors Despite Falling Crop Prices
Arya.ag, an Indian agritech firm, raised $81 million in Series D funding, demonstrating resilience by avoiding direct commodity speculation and remaining profitable despite sector volatility. The company empowers farmers by providing local storage to use grain as collateral for loans and connects...
Read More » -
GoKwik Secures $13M Funding, Valuation Soars in India
GoKwik raised $13 million in new funding, led by RTP Global, increasing its valuation to $450 million pre-money and bringing total funding to $68 million since 2020. The company provides SaaS tools for D2C businesses, serving over 12,000 merchants globally and integrating with platforms like Shop...
Read More » -
Harness AI Hits $5.5B Valuation in $240M Raise
Harness raised $240 million in Series E funding, increasing its valuation to $5.5 billion and projecting annual recurring revenue to surpass $250 million in 2025. The company's AI-powered DevOps platform automates the testing, securing, and deployment of software, addressing a major bottleneck cr...
Read More » -
Key xAI Co-Founders Exit Amid Controversy
xAI is experiencing a high-profile wave of departures, including at least nine engineers and two original co-founders, raising questions about the company's internal stability and direction. Several departing engineers cited a desire for greater autonomy and work in smaller teams, with some criti...
Read More » -
ClickUp's New AI Assistant Takes on Slack and Notion
ClickUp 4.0 introduces a unified platform integrating calendar management, communication tools, document handling, and task tracking, alongside new AI assistant capabilities. The release features two AI agents: one that proactively answers questions using internal and external sources, and anothe...
Read More » -
Mistral AI Explained: The Rising OpenAI Competitor
Mistral AI, a Paris-based startup valued at $6 billion, is emerging as France's leading AI contender with products like Le Chat, gaining attention as a potential rival to OpenAI. The company emphasizes openness and accessibility, offering both proprietary and open-source models, and has seen rapi...
Read More » -
Cohere's $240M Year Fuels IPO Ambitions
Cohere, a Canadian AI startup, has exceeded its financial targets, achieving $240 million in annual recurring revenue for 2025 and fueling discussions about a potential IPO. The company, backed by investors like Nvidia and Salesforce, differentiates itself with efficient generative AI models desi...
Read More » -
Bending Spoons: The Company Behind Eventbrite's Acquisition
Bending Spoons is a Milan-based tech company that acquires and transforms underperforming digital brands, such as Eventbrite and Evernote, through rigorous operational overhauls to boost profitability. Its controversial hands-on management strategy often leads to significant restructuring, includ...
Read More » -
Indian drone startup Raphe mPhibr secures $100M amid booming military UAV demand
Raphe mPhibr, an Indian drone manufacturer, secured $100 million in Series B funding to boost domestic drone production and meet rising military demand, driven by border security and combat needs. The company, founded in 2017, specializes in defense drones like the mR10 swarm system and Bharat dr...
Read More »