
A Hard Year For Software IPOs
U.S. tech companies raised $90 billion in 2026 public offerings, but proceeds were overwhelmingly concentrated in SpaceX and Cerebras as SaaS IPOs stalled.

U.S. tech companies raised $90 billion in 2026 public offerings, but proceeds were overwhelmingly concentrated in SpaceX and Cerebras as SaaS IPOs stalled.

Anthropic targets a $2 trillion Nasdaq IPO after reporting a 14-fold revenue increase to $11.5 billion.

OpenAI CEO Sam Altman ruled out a 2026 public listing, citing AI safety concerns and the need for stronger alignment frameworks.

Nvidia is reportedly in talks to anchor Anthropic's planned $100B IPO with up to $10B, reinforcing its core position in AI capital loops.

Chinese manufacturer Unitree is dramatically lowering hardware costs for quadruped and humanoid robots, fueling market adoption and a Shanghai IPO.

Anthropic's planned IPO, targeting up to a $2 trillion valuation, brings scrutiny to its non-equity Long-Term Benefit Trust that controls its board.

Global venture funding reached $42 billion in August 2026, driven by massive megadeals for Databricks and River AI alongside major M&A announcements.

With the 2026 public-market window narrowing, venture-backed startups like Anthropic, Oura, and Notion are emerging as top IPO candidates.

OpenAI President Greg Brockman has consolidated operational control over product and infrastructure amid ongoing executive turnover.

Anthropic is projecting a $30 trillion total addressable market to prospective investors as it targets a $2 trillion IPO valuation.