{
  "id": 9189932,
  "title": "AI-related IPOs postponed as investors grow cautious",
  "url": "https://urgent.news/2026/09/22/ai-related-ipos-postponed-as-investors-grow-cautious",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-22T19:41:38.000Z",
  "source": {
    "name": "Semafor",
    "slug": "semafor",
    "url": "https://www.semafor.com/article/09/22/2026/ai-related-ipos-postponed-as-investors-grow-cautious"
  },
  "original_language": "en",
  "account": "Two AI companies, SoftBank's energy business and nuclear firm Holtec, have postponed their initial public offerings (IPOs), indicating a cautious approach among investors, according to The New York Times. Meanwhile, SoftBank's bond issuance, intended to finance its investment in OpenAI, seems to be attracting significant interest. However, the broader AI sector, particularly smaller deals involving frontier labs and chipmakers, appears to be experiencing some instability. This trend is concerning for private equity firms, which are holding approximately $3.8 trillion worth of unsold companies, as noted by Thoma Bravo's Orlando Bravo during a recent interview with Semafor. Bravo explained that the presence of large companies like SpaceX, Anthropic, OpenAI, and Databricks could overshadow smaller IPOs, stating, \"It's not a capital issue, it's a time issue. Who's going to pay attention to this when they have to make big decisions on this enormous capital?\"",
  "summary": "The first-order AI trades are holding up, but a fragility is emerging further down the chain among smaller deals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}