AirTrunk

Headlines · 2

1. 2d
   Anthropic tells investors Q3 revenue hit $16.8B ahead of IPO

   Anthropic told prospective investors at a presentation at its San Francisco headquarters that third-quarter revenue reached $16.8 billion, up from $11.5 billion in the second quarter — a roughly 45% sequential jump, according to Bloomberg, The Information and other outlets citing people familiar with the matter. The company also said it was profitable on an adjusted basis in the quarter, with an 85% adjusted gross margin, an adjusted operating margin above 11% and positive free cash flow. Sources said Anthropic expects to begin its IPO roadshow as early as the week of Nov. 9 and could list before Thanksgiving, though discussions are ongoing and timing may change.

   Bloomberg Technology · 🔥 23
2. 3d
   AI-linked IPOs stall as private valuations outpace public-market demand

   A Chinese-language analysis republished by Huxiu AI says that in the space of less than a month, from mid-September to mid-October, at least four companies tied to the AI supply chain or AI investment narrative postponed or withdrew listings, spanning smart hardware, AI compute, data centers and nuclear power. On Oct 9, Australian AI data center firm Firmus — 7.2% owned by Nvidia — formally withdrew its IPO, after having planned to raise about A$7 billion at a roughly A$44 billion valuation and still failing to win enough support even when considering cutting the issue price from A$11 to A$8.25; smart-ring maker Oura postponed its IPO on Sept 29, the day it was due to price, Blackstone-owned data center operator AirTrunk was reported on Oct 13 to have paused a Singapore REIT listing, and US nuclear firm Holtec formally withdrew its application on Sept 25. The article compares the pattern to the IPO withdrawal wave around the 2000 dot-com bust and attributes it to private markets capturing valuation gains early, rising volatility in AI assets, and higher interest rates.

   虎嗅 AI · 🔥 0

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