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In Anthropic vs. OpenAI Race to IPO, First Doesn’t Necessarily Mean BestSunday Insights

In Anthropic vs. OpenAI Race to IPO, First Doesn’t Necessarily Mean Best

Anthropic’s filing of its initial public offering paperwork last week means the maker of Claude Code has pulled slightly ahead of OpenAI as the two go head-to-head with their planned IPOs. While bankers and lawyers say there are good reasons for a company to beat its rival to the public markets, especially if it fears its rival’s offering will outshine it, that won’t necessarily help the stock outperform, a review of rivaling IPOs from the last decade shows.

Trump Targets Meeting With AI Companies to Discuss Financial Partnerships

Trump added his plan would allow the American public to share the benefits of AI.

Semiconductor Stocks Lead Friday’s Market Selloff

Amid a broader market slump, three chip companies—Marvell, Micron and Arm—fell furthest.

JPM, Citi, Other Banks Plan Tokenized Deposit Network

The Clearing House plans to offer clearing and settlement of tokenized deposits between banks.

Google Agrees to Pay SpaceX $920 Million Monthly for Compute Access

SpaceX has been renting out compute capacity to other AI companies as its own model development efforts, via xAI, have faltered.

Exclusive: Tesla Pushes Roadster Demo to August

It’s the latest delay for the unveiling of Tesla’s first vehicle debut in nearly two years.

Reid Hoffman to Depart Microsoft Board

Microsoft said Hoffman will continue to serve on its board until its next annual shareholder meeting.

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Nvidia CEO Returns to South Korea as AI Memory Runs Short

Jensen Huang’s second visit in seven months shows South Korea’s growing importance to Nvidia as booming AI demand strains supplies of memory chips

U.S. Officials Said to Discuss Taking Stakes in AI Companies

Discussions are preliminary and details are in flux, the publication Notus reported.

S&P 500 Won’t Make Change That Would Have Fast-Tracked SpaceX

The changes would almost certainly have helped SpaceX, as well as other highly-valued IPO candidates Anthropic and OpenAI, join the S&P 500 faster.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

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Brian Chesky in Talks to Back New AI Lab

The lab will aim to develop models with a possible design focus, according to a Bloomberg report.

Exclusive: Nadella Rebukes Microsoft Executive’s Plan to Make Users “Addicted” to AI Agents

Nadella's message came in response to media reports about a leaked Microsoft memo advocating to “make people addicted” to its new AI agent.

Bipartisan AI Regulatory Framework Released That Would Override Some State Rules

Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.) unveiled the bill on Thursday.

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Pinterest Commits to Using Trainium Chips, Spend $4 Billion with AWS

Pinterest will use the AI chips to power its visual discovery engine
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