Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.
IPO
Riding an AI rally, Robinhood preps second retail venture IPO
Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
Lime, the Uber-backed micromobility company, files for IPO
After years of hints and preparation, Lime plans to enter the public markets.
Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.
OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. Its relationship with OpenAI is deep and rich.
The climate tech IPO window could finally be cracking open
Nuclear startup X-energy went public, geothermal startup Fervo is about to. Could this be the moment that climate tech investors have been waiting for?
X-energy stock pops 27% on first day of trading following upsized IPO
Investors flocked to nuclear power startup X-energy in its first day of public trading on the Nasdaq.
Nuclear startup X-energy raises $1B in data center-driven IPO
Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
Tim Cook is stepping down. What happens to Apple now?
Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystemthan the one Cook spent decades shaping. The App Store’s 30% cut is under pressure, the behind-the-scenes power Apple once […]
