Urgent.News

What's breaking now, across thousands of outlets.

Business

Doubts about AI delay millionaire IPOs

The delay in plans by companies linked to data centers SB Energy and Holtec Nuclear adds to OpenAI's decision to postpone its debut.

Translated from Spanish Read in Spanish

Several companies linked to artificial intelligence, data centers, and energy infrastructure have delayed their plans to go public in the US. SB Energy, backed by SoftBank, OpenAI, and Nvidia, has postponed its IPO, which was expected to value the company at $50 billion. OpenAI has also delayed its IPO until 2027, while Anthropic has moved its planned listing to November. Investors are demanding more visibility on these businesses, which require significant investment and have uncertain cash flows.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Authorities prep for Andaman Sea bids

Thailand is expected to launch its 26th petroleum bidding round in the Andaman Sea later this year, marking a new phase of offshore oil and gas exploration that has attracted strong interest from…

More from Wednesday 23 September →