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Jio’s IPO seeks a tech multiple for old-school mobile business

India’s largest initial public offering (IPO) opens October 21, and investors in Tokyo, Singapore and Hong Kong are being asked a simple question: What is a Jio customer’s monthly bill worth? Jio Platforms, the Reliance-owned mobile carrier with some 524 million India-based customers, is selling 270 million new shares at 1,065 to 1,119 rupees each […]

The post Jio’s IPO seeks a tech multiple for old-school mobile business appeared first on Asia Times.

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Postpone AI public offerings until US Congress acts

Anthropic, the maker of the Claude AI models, is preparing what could be the largest initial public offering in history, raising more than $100 billion, according to The New York Times, at a valuation near US$2 trillion. According to Reuters, which reviewed the draft prospectus (the document has not yet been made public), the company […]

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AI’s apparent danger is its best selling point

Just weeks before its scheduled November IPO, Anthropic is facing growing attention over the potential dangers of its technology. The resignation of former Anthropic researcher Jacob Coxon on September 8, who wrote on X that AI could “kill us all by the end of the decade,” preceded the company’s threat report on September 10. According […]

The post AI’s apparent danger is its best selling point appeared first on Asia Times.

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