AIXI News
Archived Headlines
- US IPO Week Ahead: March IPO market kicks off with energy play Atlas' $387 million deal 03/03/23
- Chinese AI technology developer Xiao-I sets terms for $47 million US IPO 02/13/23
- US IPO Weekly Recap: Just blank check IPOs and a nano-cap before the Christmas holiday 12/23/22
- Robo-IPO: Chinese AI technology developer Xiao-I files for a $60 million US IPO 12/20/22
AI is the IPO market's next buzzword
Major advancements in artificial intelligence (AI) have attracted billions of dollars in new investment, and the IPO market has taken notice. The percentage of US IPOs referencing AI in their prospectuses has climbed in each of the past six years, and leapt to...read more
Updated: Renaissance Capital's 1Q 2023 US IPO Market Review
The IPO Pickup Gets Cut Short Following the US IPO market's slowest year in decades, the first quarter of 2023 continued the trend with 29 IPOs raising just $2.3 billion. Deal flow started at a...read more
US IPO Weekly Recap: Frac sand and AI technology come to the US IPO market
Two IPOs priced this past week, led by energy play Atlas Energy Solutions (AESI), which completed the second largest IPO of the year to date. Several small deals delayed (IZM, NAVA, NFTU, OPHV), and in an uncommon move, online retailer...read more
IPO, Robot: Chinese AI technology developer Xiao-I prices downsized US IPO at $6.80 low end
Xiao-I, a Chinese cognitive intelligence company focused on conversational AI, raised $39 million by offering 5.7 million ADSs at $6.80, the low end of the range of $6.80 to $8.80. The company offered 0.3 million fewer ADSs than anticipated. Operating through...read more