The money and market moves: funding, IPOs, valuations, and the deals reshaping the AI industry.
4 stories · Updated
OpenAI and Anthropic each stood up private-equity-backed enterprise deployment firms within a week of each other. The convergence says the hard part of enterprise AI was never the model, it's getting anyone to use it.
OpenAI models and Codex can now be bought against your existing Oracle Universal Credits, no separate contract. It removes the blocker that stalls enterprise AI, and it bundles two lock-ins that reinforce each other.
The $1.77 trillion debut is the largest IPO in history. The detail that matters more sits in the prospectus: SpaceX now owns xAI, so the float quietly took Grok public, and that changes what you're betting on.
OpenAI filed confidentially for what could be the largest tech IPO ever, at a valuation near $1 trillion, while losing more than a dollar for every dollar it earns. Here's what's actually going on.
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