CFO Sarah Friar says OpenAI will “for sure” reserve shares for retail investors in its IPO, after “strong demand” from individuals in its latest funding round
OpenAI plans to reserve a portion of shares for individual investors in what's expected to be a blockbuster initial public offering.
Tel Aviv-based DataRails, which offers financial planning and analytics tools, raised a $70M Series C led by One Peak at an estimated $600M-to-$700M valuation
Datarails has developed a software for Excel users, which it claims, transforms the CFO's office.
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company
Company's CFO told investors about the transaction in recent days, sources say — SpaceX is kicking off a secondary share sale …
Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025
and why simply isolating Chinese advertising spend was misguided... X: Roman Helmet Guy / @romanhelmetguy : Zuckerberg explaining how Meta is creating personalized AI friends to supplement your real o...
HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 staff over 18 months; HPE drops 15%+
these factors are affecting its outlook Moneycontrol : HP to lay off 2500 employees to cut cost Tom Jowitt / Silicon UK : HPE To Axe 2,500 Employees, As Outlook Disappoints TechRadar : HPE set to cut ...
Arm reports Q2 revenue up 5% YoY to $844M, vs. $810.9M est., royalty revenue up 23% YoY to $514M, and forecasts Q3 revenue and sales below estimates
Dear Shareholder, As we have passed the one-year mark following our IPO … Yahoo Finance : Arm Holdings earnings beat, Q3 revenue outlook falls short X: Maynard Handley / @handleym99 : @BenBajarin ... ...
In an email to OpenAI's investors, CFO Sarah Friar says the company's current funding round was oversubscribed and is set to close next week
OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position …
SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs
In the second quarter, SAP's strong cloud momentum continued. Lindsay Clark / The Register : Now as many as 10,000 SAP jobs to be hit by restructure Sonja Wind / Bloomberg : SAP Shares Jump After AI D...
Embracer reports FY2023-24 net sales up 12% YoY to ~$3.9B, PC/Console up 7% YoY to ~$1.3B, and Mobile up 2% YoY to $551M; its CFO and deputy CEO steps down
CEO Lars Wingefors says past fiscal year was “transformative” as group presses on towards three-way split — News by James Batchelor Editor-in-chief
Dell reports Q4 revenue down 11% YoY to $22.3B, vs. $22.2B est., Client revenue down 12% to $11.7B, and Infrastructure revenue down 6% to $9.3B; DELL jumps 15%+
and lifting Nvidia, AMD shares O'Ryan Johnson / CRN : Dell COO Jeff Clarke Says 2024 'Didn't Go As Planned' But Expects AI-Fueled Rebound Thurrott : Dell Records Double-Digit Revenue Declines in Lates...