The Startups Inching Toward an IPO in a Volatile Market
The Information
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Generative AI
Startups hoping to go public this year will need plenty of grit to get their shares listed. A rout in software stocks over fears AI will make their businesses irrelevant had already poured cold water on many startups’ initial public offering plans. Then the Middle East war made companies even nervous about testing a volatile stock market. What’s more, a looming SpaceX and possibly OpenAI and Anthropic IPOs threaten to suck up demand and attention from public investors.