Chinese robotics startup Unitree Robotics filed an IPO application to the Shanghai Stock Exchange seeking to raise 4.2 billion yuan ($610 million), driven by 335% revenue growth and humanoid robots now comprising 51.5% of revenue.
OpenAI has selected elite law firms Cooley and Wachtell, Lipton, Rosen & Katz to lead its preparations for a 2026 initial public offering, signaling a concrete step toward a public listing that could value the company at up to $1 trillion.
Nvidia CEO Jensen Huang revealed at a Morgan Stanley conference that the company's recent stakes in OpenAI and Anthropic are likely its final investments in both, citing upcoming IPOs as the closing window for such deals.
Anthropic's Super Bowl ads declaring Claude will remain ad-free sparked fierce backlash from OpenAI CEO Sam Altman, intensifying competition as both AI giants prepare for Q4 2026 IPOs worth hundreds of billions collectively.
Voice AI startup ElevenLabs triples valuation to $11B with Sequoia-led Series D, reaching $330M ARR as it prepares for IPO.
SpaceX is reportedly in discussions to merge with Elon Musk's AI startup, xAI, as the rocket manufacturer prepares for a potential IPO. This move is seen as a step towards consolidating Musk's various ventures and creating a vertically integrated tech giant.
OpenAI races toward Q4 2026 IPO at $830B valuation despite burning billions annually and not expecting profit until 2030.
