Capital AI

Enflame seeks $911 million in Shanghai IPO

Tencent-backed AI chipmaker Shanghai Enflame Technology said in a filing that it priced its Shanghai initial public offering at about $21 a share. The company aims to sell 43 million shares and raise about 6.12 billion yuan, or $911 million, according to the filing summarized by Bloomberg. The offering remains an intended capital raise rather than a completed listing.
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Techmeme
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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AI Infrastructure
AI Infrastructure

VMware introduces private AI cloud platform for on-premises workloads

VMware and owner Broadcom introduced VMware Private AI Cloud and its AI Factory model-as-a-service offering at VMware Explore 2026. The platform builds on VMware Cloud Foundation 9 with validated AI-ready hardware nodes, support f...

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AI Capital
AI Capital

Anthropic IPO preparation pressures US listing calendar

Anthropic is preparing to file publicly for an initial public offering in the coming weeks, Bloomberg reported. The prospective listing is expected to raise as much as SpaceX's record $86.2 billion debut, if not more. Companies pl...

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AI Capital
AI Capital

Clay reportedly seeks funding at $7 billion pre-money value

AI sales and marketing startup Clay is raising a funding round led by Wellington at a $7 billion pre-money valuation, Axios reported. The reported valuation is above the $5 billion valuation assigned in an employee tender in Janua...

Techmeme
AI Capital
AI Capital

Blue Voice raises $6 million for police policy-guidance AI

Blue Voice emerged from stealth with a $6 million funding round led by SignalFire and Las Olas VC, TechCrunch reported. The Boston startup provides officers with real-time access to department-specific laws, ordinances, protocols ...

TechCrunch
AI Capital
AI Capital

OpenAI says advertising business reached $1 billion annualized run rate

OpenAI said its advertising business has reached a $1 billion annualized revenue run rate and is expanding globally, according to a CNBC report summarized by Techmeme. The company presented the advertising result as part of a dive...

Techmeme, SiliconANGLE