Urgent.News

What's breaking now, across thousands of outlets.

AI

Oura Hits Pause On IPO While Anthropic’s Prospectus Reveals The Cost Of Its AI Ambitions

Although Oura has postponed its planned offering that could have raised as much as $2.2 billion, Anthropic is still making a move toward the public markets along with AI cloud provider Nscale and other companies lining up potential fourth-quarter listings.

Oura Hits Pause On IPO While Anthropic’s Prospectus Reveals The Cost Of Its AI Ambitions

Oura, the smart ring manufacturer, has postponed its initial public offering (IPO) due to "market uncertainty." The company had planned to offer 50 million shares at a price between $40 and $44 each, raising up to $2.2 billion. CEO Tom Hale stated that Oura has the flexibility to choose when to go public. Anthropic, an AI giant, has revealed its IPO prospectus, which shows it earned $4.6 billion in revenue in 2025 but suffered an $8.06 billion operating loss.

The company's net loss amounted to an astounding $42 billion, primarily due to $34 billion in accounting charges from previous financing. Anthropic is expected to list its shares soon, possibly after the November midterm elections, and could raise up to $100 billion through the IPO.

Written by urgent.news from Crunchbase News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at news.crunchbase.com →

More in AI

More from Tuesday 29 September →