For more than a decade, financial markets have watched the technological revolution from the stands. The most promising companies remained private for ever longer, financed by giant venture capital funds, sovereign wealth funds and a few institutional investors capable of injecting tens of billions of dollars without going through the stock market. This period may be coming to an end.
The IPO confidentially prepared by Anthropic comes just days after a record fundraising valuing the company at nearly $900 billion. At the same time, OpenAI continues its trajectory towards a valuation above $850 billion while SpaceX prepares one of the most anticipated IPOs in market history.
Taken separately, these files tell three different stories. Together, they reveal a much deeper phenomenon: the return of financial markets to the heart of financing global technological innovation.
The last time such a movement occurred was with the emergence of the Internet. To read the rest of this article on FW MEDIA pro, click here