Live Feed

OpenAI Eyes Massive $1T IPO as Early as 2026

Artificial intelligence leader OpenAI is planning an initial public offering (IPO) that could potentially value the company at $1 trillion. This IPO is projected to occur in the second half of 2026, according to sources familiar with the matter. OpenAI's CFO mentioned the possibility of a 2027 IPO, but advisors suggest it might come sooner. This move to public markets is aimed at decreasing dependency on Microsoft, which currently holds a 27% stake in the company. OpenAI has significantly expanded its offerings, including the widely used conversational assistant ChatGPT. However, recent reports indicate that OpenAI faced a loss of $11.5 billion last quarter, emphasizing the volatility of the tech sector, particularly as the AI market becomes more competitive with other major players such as Google and Microsoft launching their own AI tools. OpenAI's CEO has also noted a potential bubble in parts of the AI industry, signaling caution amidst burgeoning growth in AI technologies.

Source 🔗

U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

Federal Reserve Governor Stephen Miran has emphasized that the increasing popularity of stablecoins may necessitate adjustments in U.S. monetary policy. He mentioned that Fed staff estimates indicate a potential growth of stablecoins to between $1 trillion and $3 trillion by the end of the decade. The demand for dollar-tied

U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

Federal Reserve Governor Stephen Miran highlighted the significant impact of stablecoins on U.S. monetary policy as their demand grows. Miran, recently appointed by President Trump, stated that Fed projections estimate the uptake of stablecoins could reach between $1 trillion and $3 trillion by the end of the decade. He

U.S. Fed's Miran on Adjusting Policy for Stablecoin Boom

Federal Reserve Governor Stephen Miran raised concerns regarding the potential impact of stablecoins on U.S. monetary policy, predicting their demand could reach between $1 trillion and $3 trillion by the decade's end. Miran emphasized that this surge in demand for dollar-tied assets, particularly among foreign users, poses

Read next