Oura files to go public
The ring maker says that its business has shown significant revenue growth over the past year.
The ring maker says that its business has shown significant revenue growth over the past year.
While OpenAI has filed confidentially for an IPO, the company will not be going public this year, according to CEO Sam Altman.
Forerunner Ventures plans to sell its entire stake in Oura for as much as $1.26 billion, according to Oura’s latest IPO filing.
The British AI data center developer depends on tech giants Microsoft and Anthropic for most of its revenue.
The postponement of the IPO will delay some of the company’s plans for its proceeds from the IPO, as well as those of its shareholders.
The new round is anticipated to be the company’s last before its delayed 2027 public debut.
Anthropic is asking its shareholders to approve a structure that would give its seven co-founders a combined 50.1% of the vote on most corporate matters.
We all knew it was coming. The expected valuation may surprise, though.
Wall Street giants JPMorgan and Goldman Sachs are extending a 12-month, unsecured loan to the Japanese conglomerate.
The company has also lined up an unusually large number of 21 banks to manage the mega IPO, internally codenamed “Project Apex.”