Several companies, including Robinhood, Coinbase, and OpenAI, are targeting high-valuation IPOs, with details emerging about early backing and investments.
1 report, 1 independent
Updated Jun 10
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What happened
Several companies, including Robinhood, Coinbase, and OpenAI, are targeting high-valuation IPOs, with details emerging about early backing and investments.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Goldman Sachs gained regulatory approval for its securities division to underwrite IPOs, and firms raised price targets on Robinhood stock.Sub-event
IPO pursuits and early backing for companies like Robinhood, Coinbase, and OpenAI.1 source
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The entities involved
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Robinhood
American financial services company
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
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Coinbase
American company that operates a cryptocurrency exchange platform
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- Anthropic and OpenAI are reportedly filing for U.S. Initial Public Offerings (IPOs).