SpaceX's $1.75T IPO, OpenAI's $122B Round
SpaceX confidentially filed for a $75 billion IPO that could value the company at $1.75 trillion, potentially the largest IPO in history. Meanwhile, OpenAI closed a record-breaking $122 billion funding round, valuing it at $852 billion, while oddly acquiring a podcasting company.
Google, Alibaba, and Microsoft all launched new AI models this week, while Anthropic reportedly acquired medical AI startup Coefficient Bio for over $400 million. Salesforce added 30 AI features to Slackbot, and Intel announced plans to buy back shares in its Irish chip facility for $14.2 billion. Analysts warn enterprises are struggling to keep pace with rapid AI agent development.
