Thomas Fuller | SOPA Images | Lightrocket | Getty Images Cybersecurity company Netskope is eying a $7.3 billion valuation after pricing shares at $19 for its upcoming IPO, at the top end of its expected range. Netskope will start trading on Thursday on the Nasdaq under the ticker symbol “NTSK.” The share sale raised $908.2…
Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling…
Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images LONDON — Microsoft said on Tuesday that it plans to invest $30 billion in the U.K. by 2028, as the company builds out its artificial intelligence infrastructure. The investment includes an…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Netskope is targeting a $7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range. The cybersecurity company said it plans to…
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) celebrates after ringing the opening bell surrounded by Executive Leadership and family during the company’s Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images CoreWeave shares jumped as much as 8% on…
OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Oracle‘s historic stock surge this week marked the latest chapter in the story of…
CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. Yuki Iwamura | Bloomberg | Getty Images CoreWeave shares jumped Tuesday on news that the cloud infrastructure company, which was one of the hottest IPOs of the year, launched a venture fund to invest in artificial intelligence startups. CoreWeave, considered…
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company’s announcement of a multi-billion-dollar deal with Microsoft. Nebius’ stock was up…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Shares of Nebius Group soared more than 60% in extended trading on Monday after the provider of Nvidia graphics chips for training artificial intelligence models said it’s signed an agreement with Microsoft worth up to $19.4 billion over five years. Nebius, which is based in…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The…
