Goldman Sachs
Goldman Sachs business and news from across the web.- OpenAI IPO filing could reportedly come as soon as FridayOpenAI, the creator of ChatGPT, is reportedly preparing to file for an Initial Public Offering as soon as Friday. The company is working with investment banks Goldman Sachs and Morgan Stanley on the IPO process.
PCB prices have risen by up to 40% due to war in Iran, according to Reuters' industry sourcesAccording to Reuters industry sources, the conflict in Iran has significantly impacted the supply of materials essential for Printed Circuit Boards (PCBs), leading to price increases of up to 40%. The disruption stems from a halt in production of a critical base material used in PCB laminates, coupled with shipping challenges in the Strait of Hormuz. These factors, combined with existing demand from AI server companies, have contributed to rising prices for various PC components.
ESA's iicon conference expands speaker lineup, with EA's Andrew Wilson joining CEOs of Ubisoft, Take Two, Riot, Savvy Games and moreThe Entertainment Software Association's new iicon conference has expanded its speaker lineup, adding Electronic Arts CEO Andrew Wilson. He will join other industry leaders including Yves Guillemot of Ubisoft, Strauss Zelnick of Take-Two Interactive, Dylan Jadeja of Riot Games, and Brian Ward of Savvy Games Group. The event focuses on interactive entertainment and its expansion opportunities across various industries.- Banks working on the SpaceX IPO reportedly have to subscribe to GrokBanks and law firms working on the upcoming SpaceX Initial Public Offering are reportedly required by Elon Musk to subscribe to his AI chatbot, Grok. Some financial institutions have agreed to this condition, which involves significant financial commitment, as part of the privilege to participate in the IPO. SpaceX's IPO is expected to be a major financial event, potentially raising over $50 billion.