BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets
BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets

The IPO filings by SpaceX, OpenAI, and Anthropic have created a pipeline of US tech offerings worth approximately $3.6 trillion. That wave is going to generate appetite for European tech deals too, according to Ygal el Harrar, global head of equity cap…

The most AI-obsessed companies spend $7,500 per employee per month. The median spends $11.
The most AI-obsessed companies spend $7,500 per employee per month. The median spends $11.

The top 1% of US companies by AI adoption spend $7,500 per employee per month on AI tools and compute. The median firm spends $11.38. That 680x gap, drawn from the Ramp AI Index, is the clearest picture yet of how unevenly AI spending is distributed ac…

SoftBank briefly became Japan’s most valuable company. The last time that happened was February 2000.
SoftBank briefly became Japan’s most valuable company. The last time that happened was February 2000.

SoftBank knocked Toyota off its perch as Japan’s most valuable company last week, after a stock rally inflated the conglomerate’s market capitalisation by more than $120 billion in six months. Three days later, Toyota reclaimed the top spot. The last t…

Inside the move from generative AI to agentic AI in enterprise finance
Inside the move from generative AI to agentic AI in enterprise finance

Generative AI has already changed how companies draft, summarize and search for information. The next challenge is more complex: whether AI can coordinate work across business systems while preserving controls, auditability and human accountability. Th…

A $200bn software investor declares the ‘SaaSpocalypse’ over. Not everyone is convinced
A $200bn software investor declares the ‘SaaSpocalypse’ over. Not everyone is convinced

Four months ago, AI looked like it might gut the software industry. This week, one of its biggest investors declared the threat over. The truth sits somewhere in between. Speaking at the SuperReturn International conference in Berlin, Orlando Bravo, fo…

South Korea’s AI chip boom is so strong it’s crushing the bond market
South Korea’s AI chip boom is so strong it’s crushing the bond market

The AI boom that has made Samsung and SK Hynix trillion-dollar companies and sent the Kospi up roughly 80% is doing something unusual to South Korea’s bond market: destroying it. Korean government bonds have lost 7.5% in 2026 in local-currency terms, t…

Anthropic picks Morgan Stanley and Goldman Sachs to lead its IPO, with a SpaceX computing deal worth $1.25 billion per month buried in the fine print
Anthropic picks Morgan Stanley and Goldman Sachs to lead its IPO, with a SpaceX computing deal worth $1.25 billion per month buried in the fine print

Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also working on the deal, Bloomberg reported on Tuesday. The Claude developer is weighing going public as soon as October after filing conf…

IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse
IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance…

The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself
The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fal…

Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation
Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not be…