Australiapreipo

FDC Construction & Fitout reportedly is targeting a $400 million capital raise for an IPO that would value the company at $970 million.

Anthropic’s new US$965 billion post‑money valuation, following a US$65 billion raise, has pushed it ahead of OpenAI’s roughly US$852 billion and set up a high‑stakes race for a trillion‑dollar valuation.

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. The funding, announced Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Each of the lead investors put in more than $2 billion, according to people familiar with the matter. Sequoia declined to comment. The other three firms did not respond to a request for comment. For more, we speak with Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence.

CommSec announced it will act as the lead Australian retail broker for the highly anticipated IPO of SpaceX.

Elon Musk said he's back in Texas working on plans for an initial public offering of SpaceX as the company prepares for the largest listing of all time. "We've got to get the SpaceX IPO going pretty soon," Musk said during a virtual appearance at the Samson International Smart Mobility Summit in Tel Aviv. SpaceX could file for an initial public offering as soon as this week, people familiar with the matter said. Bloomberg's Charlie Wells reports.

Anthropic PBC is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. The Claude maker would then be valued at more than $900 billion. Bloomberg's Ed Ludlow reports.