OpenAI is shopping a $1.2 trillion private round while its IPO slips to 2027

OpenAI is in talks with investors over a new private round at a valuation of about USD 1.2 trillion. Whether that number holds depends on whether its initial public offering, now pushed to 2027, can clear the same level. The proposed valuation would add roughly USD 350 billion to the USD 852 billion post-money mark … Read more

This physical-AI startup wants to put a brain into America’s 280,000 legacy factories

On 9 September, the US physical-AI startup Harmoni closed a 10 million dollar Series A led by Bessemer Venture Partners, with valuation undisclosed, and on the same day unveiled HAL. HAL is an AI that lives on the shop floor: a worker can ask why a machine is running slower than usual, file a repair … Read more

SHEIN Heads to Hong Kong IPO at a Steeply Discounted Valuation

Cross-border fast-fashion giant SHEIN has finally reached a critical milestone in its long-awaited Hong Kong IPO journey. On 26 July, SHEIN International Holdings updated its post-hearing prospectus, marking the latest step in a listing process that has stretched over four years and multiple jurisdictions. From USD 100B to USD 30B SHEIN’s valuation trajectory tells the … Read more

Curry’s New Deal

Stephen Curry just pulled off the most strategically brilliant move of his career—and it didn’t happen on a basketball court. On June 2, 2026, Curry announced a landmark 10-year partnership with Li-Ning, reportedly worth north of $400 million. But calling this a “shoe deal” misses the point entirely. This is an empire-building move that positions … Read more