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RARE PHOTOS: 10 | Rare Historical Photos

Chip stocks bouncing back on Wall Street and South Korea; UK investigating Paramount-Warner Bros merger – as it happened

Rolling coverage of the latest economic and financial news, as the AI trade bounces back

The Guardian - UK

BlackRock Summit Bombshell: Sam Altman Predicts AI Joins Electricity, Water, and Internet as a Paid Utility

OpenAI CEO Sam Altman envisions AI as a utility, predicting users will pay per unit of intelligence. This shift requires massive infrastructure investment, aiming to democratise AI access globally

International Business Times UK

Crude at $100, AI IPOs at $1 trillion, and gold on sale: What Peter McGuire says you should do now

Peter McGuire of Australia-Trading.com highlights a chaotic market driven by rumors and geopolitics, not fundamentals. He predicts crude oil prices will rise, advises caution on trillion-dollar AI IPOs, and remains bullish on India for the long term. McGuire also suggests accumulating gold as it has fallen 20% from its peak.

The Economic Times

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OpenAI Files for IPO Just Days After Anthropic — The AI Arms Race Is Now a Wall Street Arms Race

OpenAI filed a confidential S-1 with the SEC on 8 June, a week after Anthropic, as both AI giants race to go public first and set the terms for how investors value the sector.

International Business Times UK

Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX success

Binance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate on the expected valuations of private companies like SpaceX and OpenAI before their public listings, bridging the gap between institutional and retail investors.

The Economic Times

ChatGPT maker OpenAI files for IPO, joining Anthropic and SpaceX in race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

Euronews

AAP Rolling News Bulletin June 9, 1230

AAP Rolling News Bulletin for June 9 at 1230

AAP

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AAP Rolling News Bulletin June 9, 1200

AAP Rolling News Bulletin for June 9 at 1200

AAP

OpenAI confidentially files for US IPO as AI boom drives investor frenzy

ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing.

France 24

OpenAI joins rival Anthropic in race to Wall Street

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private company," it said in a statement. Reuters had reported that…

The Economic Times

OpenAI files for US IPO after Anthropic as AI giants head to public markets

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors are keenly watching these developments for exposure to the booming artificial intelligence sector. OpenAI aims for a significant valuation, potentially setting a new benchmark for tech IPOs. The company is…

The Economic Times

AAP Rolling News Bulletin June 9, 1130

AAP Rolling News Bulletin for June 9 at 1130

AAP

AAP Rolling News Bulletin June 9, 1100

AAP Rolling News Bulletin for June 9 at 1100

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AAP Rolling News Bulletin June 9, 1030

AAP Rolling News Bulletin for June 9 at 1030

AAP

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The Economic Times

OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceX

OpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most consequential test of investor appetite for high-growth technology stocks ‌in the last 10 ⁠years.

AAP

AAP Rolling News Bulletin June 9, 1000

AAP Rolling News Bulletin for June 9 at 1000

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AAP Rolling News Bulletin June 9, 0930

AAP Rolling News Bulletin for June 9 at 0930

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AAP Rolling News Bulletin June 9, 0900

AAP Rolling News Bulletin for June 9 at 0900

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AAP

AAP Rolling News Bulletin June 9, 0830

AAP Rolling News Bulletin for June 9 at 0830

AAP

OpenAI confidentially files US initial public offering

OpenAI has confidentially filed for an initial public offering, setting it up for what may be the most highly anticipated market debut in recent history.

AAP

OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

OpenAI has filed preliminary paperwork to potentially become a publicly traded company

The Guardian - US

OpenAI confidentially files for initial public offering on US stock market

ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market history

TechRadar

'The time has come to reclaim what was stolen from us': Bernie Sanders wants the American public to own 50% stake in AI companies

Under this proposal, US AI firms could have to cough up a one-time 50% tax (in shares) into an AI Sovereign Wealth Fund.

The Economic Times

DeepSeek close to sealing $7 billion funding in historic AI deal

Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.

Kiplinger

Subscriptions Are Key to Meta’s AI Transformation

Meta CEO Mark Zuckerberg sees a future of superintelligent digital assistants. The vision will require massive amounts of spending and drastic change.

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