Jio Platforms prepares for India’s largest IPO with backing from Meta, Alphabet, and KKR

Amazon has withdrawn from distributing the Sam Altman biopic “Artificial” as OpenAI moves closer to a potential public listing. According to a report from Puck, Amazon has stepped away from the high-profile film project despite continuing discussions with the filmmakers…

Jio's IPO could redefine India's digital landscape, attracting global investors and accelerating the nation's tech-driven economic growth. The post Jio Platforms targets record $4B IPO in India appeared first on Crypto Briefing.

With the market capitalization of AI companies soaring, US Senator Bernie Sanders is looking to give the American people a piece of the action. The veteran senator for Vermont has introduced the American AI Sovereign Wealth Fund Bill, aiming to give the public a 50 percent ownership in the largest AI companies in the US. It’s a timely move with both OpenAI and Anthropic preparing for the imminent IPOs. Sanders is not the only one pondering such a move. As the bill notes, OpenAI has proposed the creation of a “Public Wealth Fund” giving citizens a stake in “AI-driven economic growth,” while Anthropic has proposed a sovereign wealth fund to “shape the sector’s behavior.” President Trump’s advisors are also contemplating the possibility of the government grabbing a stake in major AI corporations, according to media reports. Sovereign wealth funds are not a new idea: Many administrations across the world have implemented them, notably Norway which has about $2 trillion in its wealth fund.

Meta's deal with Crusoe Energy highlights the growing demand for specialized energy solutions in AI, underscoring a shift from traditional utilities. The post Meta signs 1.6 gigawatt AI compute deals with Crusoe Energy across Texas and Missouri appeared first on Crypto Briefing.

OpenAI has recruited two high-profile figures as it prepares for its public market debut: Noam Shazeer, one of the foundational architects of modern generative AI, and Dean Ball, a former Trump White House AI policy official. Shazeer announced his departure from Google DeepMind on Wednesday after more than two decades at the company, interrupted only […]

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The NSE IPO highlights liquidity for existing investors, raising questions about future growth prospects and competitive market dynamics. The post National Stock Exchange of India files for IPO, boosting billionaire investors appeared first on Crypto Briefing.

Catch up on every session from AIAI New York with sessions from Meta, Perplexity, Walmart, Pika AI, RingCentral & more.