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The parched market for initial public offerings is likely to see a new entrant soon: a canned water company.
Liquid Death, the irreverent water brand backed by venture capitalists, has hired Goldman Sachs to lead a potential IPO as soon as next spring, according to a person familiar with the matter. The decision follows one of the few IPO âbake-offsââthe process by which banks vie for IPO business by pitching companies on how they would sell their stock to Wall Street investorsâby a venture-backed company.
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Nvidia said Monday it plans to raise new debt even as the AI chip leader keeps generating tens of billions of dollars in cash every quarter. It will be the companyâs first corporate bond sale since 2021, when it raised $5 billion. Bloomberg earlier reported that Nvidia would sell more than $20 ... Read more âș
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Qualcomm has been in talks to buy Tenstorrent, a startup that designs chips for AI, according to a person with direct knowledge of the deal. The two companies have discussed a price between at least $8 billion and $10 billion, the person said, which would be a significant premium to Tenstorrentâs last valuation. Itâs not clear if the price would include payments tied to performance milestones, as has been the... Read more âș
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Thereâs a lot going on all of a sudden. Weâre all still trying to come to grips with the latest Anthropic-Trump administration standoff. SpaceXâs market performance so far has been like a rocket ship: The stock rose 20% on Monday, finishing with a market capitalization of $2.5 trillion. And back on Earth, we got some notable acquisitions on Monday, in a sign that mergers and acquisitions are alive and well.... Read more âș
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Anthropic senior leaders met with top Trump administration officials on Monday to discuss a resolution to a White House directive that caused the AI startup to suspend access to its latest models, according to a company spokesperson. A spokesperson for the White House did not respond to a ... Read more âș
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Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4Â billion) under an unusual deal structure, according to two people with direct knowledge of the matter. The funding round, which values the large-language model developer at more than $50 billion, requires investors to put their capital into a limited partnership managed by DeepSeek CEO Liang Wenfeng, instead of DeepSeek itself, as a... Read more âș
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Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) under an unusual deal structure, The Information reported. The funding round, which values the large-language model developer at more than $50 billion, requires investors to put their ... Read more âș
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22.06.2026 10:02
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