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07.05.26 - 12:30
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Kimi developer Moonshot AI valued at US$20b as it navigates China′s new IPO rules (SCMP)
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Chinese artificial intelligence start-up Moonshot AI has raised about US$2 billion in a new funding round, boosting its valuation to more than US$20 billion as it navigates Beijing's new listing rules for companies registered overseas.
The funding was led by Meituan and involved China Mobile. Over the past six months, Moonshot had raised a total of US$3.9 billion, according to a statement by the deal's financial adviser HF Capital on Thursday.
The Beijing-based company, best known for its Kimi......
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07.05.26 - 08:42
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Shreya Acquisition Prices IPO Of 10 Mln Units (AFX)
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WASHINGTON (dpa-AFX) - Shreya Acquisition Group (SAGUU) has announced the pricing of its initial public offering of 10 million units at $10 per unit. Each unit consists of one class A share, one r......
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07.05.26 - 06:06
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Yotta Data Services reportedly weighs IPO as India′s AI infrastructure race accelerates (Digitimes)
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Yotta Data Services is considering an initial public offering in Mumbai that could raise as much as US$900 million, according to sources familiar with the matter, as reported by Bloomberg. The company has engaged ICICI Securities Ltd and SBI Capital Markets Ltd as advisers, with additional banks expected to join ahead of a draft prospectus filing in the next two to three months....
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06.05.26 - 22:30
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Worried About Public Market Depth for IPOs: Zinterhofer (Bloomberg)
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Eric Zinterhofer, founding partner of Searchlight Capital, joins Scarlet Fu on "Bloomberg Deals." Wall Street banks are getting ready to raise billions of dollars taking data center companies public, even after IPO investors have already piled into anything that looks like a bet on artificial intelligence spending.
(Source: Bloomberg)...
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