US insurance technology company Ethos begins IPO roadshow, seeks valuation of up to .3 billion

US insurance technology company Ethos begins IPO roadshow, seeks valuation of up to $1.3 billion

American insurance technology (insurtech) company Ethos has launched its initial public offering (IPO) tour, with plans to reach a valuation of up to $1.3 billion. Ethos filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission in September last year. Together, the company and its shareholders aim to raise up to…

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Exclusive AI chip company Cerebras prepares to file for US IPO after delay, sources say

Exclusive AI chip company Cerebras prepares to file for US IPO after delay, sources say

By Echo Wang NEW YORK, Dec 19 (Reuters) – Artificial intelligence chip maker Cerebras Systems is preparing to file for an initial public offering in the United States next week, aiming for a listing in the second quarter of 2026, people familiar with the matter said. The company, which develops high-performance processors for artificial intelligence…

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OpenAI’s  billion IPO

OpenAI’s $1 billion IPO

designer491 / iStock via Getty Images Now that OpenAI can be a for-profit company, it can have an IPO. Reuters reports that the target market capitalization of the transaction is a valuation of $1 trillion, which it will use to raise $60 billion. The IPO could happen as early as the second half of 2026,…

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Reddit CEO Owns Majority of Class A Shares, Filing Reveals

Reddit CEO Owns Majority of Class A Shares, Filing Reveals

According to a recent filing with regulators, it was revealed that Steve Huffman, CEO and co-founder of Reddit, owns a significant portion of the company’s Class A shares. Specifically, Huffman owns approximately 62.4 million shares of this class, representing a substantial 61.5% stake. The calculation determining Huffman’s ownership considers several factors, including his ability to…

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