Global high-tech firms are racing towards Wall Street. A week after Anthropic submitted its confidential S-1 prospectus, OpenAI too has set in motion its IPO ambitions. The ChatGPT-maker has filed a confidentialS-1 prospectuswith the US Securities and Exchange Commission. This allows the AI major to kickstart regulatory reviews while keeping its financial details and strategies away from public scrutiny. Another AI firm Perplexity is also planning to go public in 2028, irrespective of how the market responds to the listings of Anthropic and OpenAI,CNBCreported, citing aninterviewwith CEO Aravind Srinivas. Meanwhile, SpaceX will make its stock market debut later this week. Find out why all eyes are on what could be Elon Musk’sbiggest gambletill date. In other news, China is planning to invest $295 billion in the next five years to build data centres across the country, as it takes on the United States in the globalAI race,Bloomberg Newsreports. Lastly, Apple has given a significant makeover to Siri, its digital assistant, promising a better and safer AI experience for users. Drawing from users’ past interactions with the app,Siri AIwould serve as a more capable and conversational assistant than the current version, the company said. In today’s newsletter, we will talk about Here’s your trivia for today: What is the last name of the business tycoon behind the ‘No. 5’ perfume? Quick-commerce unicorn Zepto has filed its updated draft red herring prospectus with plans to raise Rs 8,010 crore through fresh issue of shares and an offer for sale for 11.35 crore shares from existing investors. This will be a much awaited initial public offering (IPO) as Zepto intensely competes against Eternal's Blinkit and Swiggy’s Instamart in the quick commerce space. Tamil Nadu Chief Minister C. Joseph Vijay on Tuesday launched the Singappen Special Force, a dedicated police unit to strengthen the safety and security of women across the state. An initial outlay of Rs 354 crore has been allotted under the Singappen Athiradi Thittam (action plan). The initiative is expected to create 2,500 jobs. What is the last name of the business tycoon behind the ‘No. 5’ perfume? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.
