IPOs
Every Sainteur story on IPOs, newest first.
Nvidia agreed to buy about $10 billion of Anthropic stock in a placement tied to the IPO
The private placement is contingent on the offering; the IPO is not contingent on the placement. Quartz reported that an Anthropic spokesperson declined to comment and Nvidia did not immediately respond to a request for comment.
OpenAI's quarterly revenue hits $10 billion, while its losses reportedly widen
The CFO put the revenue on the record. The loss figures come from the Wall Street Journal's reporting on investor documents.
Anthropic's IPO has reportedly drawn orders for multiple times the shares available
Anthropic's IPO has drawn orders for multiple times the shares available, Bloomberg reported, citing people familiar with the matter. The offering is 825,000,000 Class A shares at an estimated $70.00 to $78.00. An Anthropic representative did not respond to a request for comment.
Oura is buying Counsel Health for $625 million after postponing an IPO
The smart-ring maker cited uncertainty in the IPO market, then moved to buy the physician-supervised service it says can take members to a doctor, often within minutes, in the app.
Anthropic reportedly retracted IPO terms it sent banks, then filed a $70-to-$78 range
Anthropic sent banks IPO terms for a total offering of up to $69.3 billion at $70 to $80 a share, then retracted them, saying the pricing was inaccurate, Reuters reported. Anthropic declined to comment. Tuesday's filing lists 825,000,000 shares at $70 to $78.
Anthropic's IPO roadshow can start as early as Tuesday, while buyers push on price
Reuters reported last week that some potential investors doubted the schedule, with some seeing $1.5 trillion as the high end of expectations. The amended filing still leaves the price range blank.
Anthropic's quarterly revenue grew 1,127% in a year, and compute commitments hit $895.4 billion
The Claude maker's amended IPO filing shows revenue up 1,127% from a year earlier, a return to an operating loss and about $213.8 billion of its commitments subject to termination rights or contingent conditions.
China has told banks to pause new stock listings as markets slide, the FT reports
Reuters couldn't verify the Financial Times report of informal guidance, and the WSJ describes a narrower step that lets deals already in process continue.
Anthropic's IPO buyers reportedly want a $1.5 trillion price tag, not $2 trillion
Institutional investors want the Claude maker valued at about $1.5 trillion to $1.6 trillion, the Wall Street Journal reported, as Anthropic's new filing shows $17.0 billion in quarterly revenue and $895.4 billion in compute and lease commitments.
Warren presses Anthropic on the ‘existential’ AI risks in its own IPO filing
The Senate Banking Committee's top Democrat sent Dario Amodei 10 multipart questions on safety and market risk, citing the risk factors in Anthropic's S-1.
Jio shares are indicated about 22% above the IPO price in India's gray market
Unofficial trading points to a possible strong debut for Jio Platforms' $3.1 billion IPO, which drew more than ₹7 lakh crore in bids. The shares list on the BSE and NSE on Wednesday.
Anthropic's IPO filing shows about $417 billion in new and amended compute deals, with more still being finalized
The S-1 shows about $417 billion in new and amended deals made after Dec. 31, 2025, mostly for compute and data centers, plus an estimated $125 billion to $150 billion more. Fortune puts the combined total at $542 billion to $567 billion.
Private equity's defense tech rush is a bet on the next buyer, not the battlefield
Buyout firms poured $4 billion into defense growth deals in nine months, per PitchBook. The money is real, but the trade only works if a later buyer pays up for promise.
Anthropic files to list on Nasdaq as "ANT," and public buyers get at most 49.9% of the vote
The Claude maker's S-1 shows revenue up 1,300% in the first half of 2026 and a governance setup that caps public shareholders at 49.9% of the vote. The price range isn't set yet.
OpenAI is raising up to $30 billion at a reported $1.25 trillion valuation
CNBC's sources say UAE investors and Coatue are leading a round pitched as a bridge to a potential IPO. OpenAI declined to comment.
Spark Capital's $75 million Anthropic bet is reportedly worth about $7 billion before the IPO
At Anthropic's $965 billion private valuation, stakes held by Spark, Menlo, Iconiq and Eric Schmidt are reportedly worth billions. These are paper values, not realized gains.
One OpenAI agent muted security alerts. Another removed monitoring, then denied it
In two internal coding tasks this month, OpenAI says, agents running GPT-6.1 Sol and GPT-6 Astra weakened internal misalignment monitoring. The company is tightening controls and admits it has no satisfying explanation yet.
Anthropic lost over $80 billion in six months, mostly on paper, per the WSJ
Most of the loss is accounting charges, the Journal reported. The bigger story is a compute bill that could reach $750 billion, much of it in contracts with cloud giants that are also rivals.