All posts tagged: Frenzy

OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy

OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy

The rush by AI companies to go public before the window closes (i.e., “market conditions” emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX. OpenAI said it had confidentially submitted a draft IPO prospectus to the US Securities and Exchange Commission, formally kicking off the process for one of the year’s most hotly anticipated debuts. The company is also planning to launch a tender sale of its shares to provide liquidity to employees in the coming weeks, before the company goes public, Bloomberg reported. Why employees would want to sell shares ahead of an IPO is not exactly clear, unless they fear the market reaction to the public offering would disappoint.  OpenAI’s listing announcement comes days before SpaceX is set to IPO in a deal that could raise a record $86bn and value Elon Musk’s rockets-to-AI conglomerate …

The groupthink boom: what three top VCs really think about the AI frenzy

The groupthink boom: what three top VCs really think about the AI frenzy

This week at TechCrunch’s StrictlyVC event in Athens — part of the Panathenea festival taking place in the city — I sat down with Niko Bonatsos of Verdict Capital, Andreas Stavropoulos of Threshold Ventures, and Ben Blume of Atomico to ask about the current state of venture investing, the wave of mega-IPOs that SpaceX is about to kick off, and where they still see an ocean of opportunity. Our conversation, following, has been edited for length and clarity. You can check out the full discussion at page bottom. With SpaceX reportedly eyeing a $1.75 trillion valuation at IPO, and OpenAI and Anthropic potentially not far behind, what will the impacts be on the broader market? Andreas Stavropoulos: I remember how exciting the Google IPO was, and how it ushered in a reopening of a market that had been very pessimistic about tech in the early 2000s — how it was an enabling event that brought in a whole new generation of entrepreneurs. The same thing is happening now. With every subsequent wave of paradigm shifts, …

American Pie bombshell Shannon Elizabeth, 52, sparks fan frenzy with sizzling swimsuit video

American Pie bombshell Shannon Elizabeth, 52, sparks fan frenzy with sizzling swimsuit video

American Pie actress Shannon Elizabeth proved that she was aging backwards when she slipped into a swimsuit during a lavish vacation in Mauritius, just weeks after declaring her intent to start an OnlyFans account. The 52-year-old looked incredible as she showcased her lithe figure in a plunging brown one-piece swimsuit with a rope halter neck, while walking on the beach with her brunette locks flowing down her back. As Shannon detailed her recent vacation to her fans in the social media video, she also donned a black V-neck swimsuit while lounging on a deckchair by the pool.  “Mauritius just raised the bar! A day at Shangri-La Le Touessrok,” she wrote in the caption. “Pristine white sand beaches, a private island you reach by boat, and the most dreamy beachside lunch at Coco’s Beach House. This place is something else.”  Shannon’s fans rushed to the comment section to exclaim over her stunning look, with one writing: “How do you not age? What’s your secret?!” while another added: “You’re so gorgeous.” “Timeless beauty,” said another, while a fourth chimed in: “You haven’t aged …

Hailey Bieber sends fans into a frenzy with sizzling poolside bikini photos

Hailey Bieber sends fans into a frenzy with sizzling poolside bikini photos

Hailey Bieber sent fans into a frenzy as she shared several snaps from her poolside photoshoot with swimwear brand Calzedonia, clad in a golden string bikini with black edging. The 28-year-old showcased her toned abs in the sultry photo, which saw her lounging by the pool and modeling the new look, with her brunette locks flowing down her back in beachy waves.  “Summer,” she captioned the Instagram photos, alongside a yellow heart emoji. Hailey’s fans rushed to the comment section to share the love, with one writing: “Hailey’s face card never ever declines,” while another added: “So super pretty.” A third chimed in: “YOU ARE EVERYWHERE QUEEEN,” while another said: “She just gets prettier and prettier every day.”  The mother of one works hard to maintain her supermodel figure, and shared with Elle that she tries to stick to a healthy diet, bar the occasional treat.  “On a regular day, breakfast is usually eggs or oatmeal, some type of healthy protein, or a smoothie. Lunch is usually salad, fish, grilled veggies, or maybe a sandwich,” she explained.  “I don’t really eat a lot of gluten, so I’m trying to be particular. I love a good kale Caesar salad [but with] no croutons. That’s usually one …

BTS brings K-pop frenzy to Mexico

BTS brings K-pop frenzy to Mexico

MEXICO CITY — It isn’t often that a boy band becomes a matter of international diplomacy. But this, after more than a million K-pop fans in Mexico tried and failed to buy tickets for a three-night run of shows by the beloved band BTS, Mexican President Claudia Sheinbaum sent a letter to her counterpart in South Korea, pleading for more concert dates. The Korean president wrote back apologetically, saying that she had inquired into the issue, but BTS was unable to accommodate more shows in Mexico during its world tour. This week, ahead of the band’s shows at Mexico City’s GNP Serguros Stadium on Thursday, Friday and Saturday, Sheinbaum invited its seven members to the National Palace — an honor typically reserved for visiting diplomats. They showed up in well-tailored suits, their sleek hair perfectly coiffed. K-pop fans are known for their frenzy. That is especially true in Mexico City, which is ranked as the No. 1 Crowds of BTS fans arrive outside GNP Seguros Stadium before the group’s concert in Mexico City on Thursday. Many gathered …

Melissa Joan Hart sparks fan frenzy with cryptic post

Melissa Joan Hart sparks fan frenzy with cryptic post

Melissa Joan Hart has sent fans of Sabrina the Teenage Witch into full meltdown mode after teasing a mysterious announcement that many are convinced is linked to the beloved 1990s sitcom. On Friday, April 10, the actress, 49, took to Instagram with a cryptic post that immediately sparked a wave of speculation. “Stay tuned for a fun announcement on Monday!” Melissa wrote alongside a simple image of a black cat silhouette against a black background. © Disney General Entertainment ConMelissa and cast on the set of Sabrina the Teenage Witch While Melissa offered no further explanation, longtime fans were quick to make the connection to Salem – Sabrina Spellman’s wisecracking feline sidekick, who became one of the most iconic TV pets of the decade. The comments section quickly filled with excited guesses, with many hoping the tease could mean a reboot, reunion special or anniversary project is in the works. © Getty ImagesMelissa teased fans on her latest post “Tell me you’re coming back as Sabrina, the Teenage Witch, with Salem!!” one fan wrote, while another …

Justin Timberlake’s DUI Arrest Legal Battle Ends as Internet Frenzy Begins

Justin Timberlake’s DUI Arrest Legal Battle Ends as Internet Frenzy Begins

The controversial — and highly memeable — police body-camera footage of pop star Justin Timberlake’s arrest for driving under the influence in June 2024 on eastern Long Island was released late last week after a legal battle was waged by the singer against the small former whaling town to keep the “embarrassing” footage under wraps. The dispute led to a negotiated release and the redaction of certain moments that his attorney said were so sensitive they amounted to a major violation of the singer’s privacy. In June 2024, while visiting the tony beach town of Sag Harbor, Timberlake was pulled over and after a few traffic infractions, was soon arrested on a DUI charge. The singer was asked to perform a sobriety test, questioned by officers while handcuffed at the small town’s precinct, and finally placed in a holding cell alone for the night. Footage of all these moments was made public by the town’s police department on Friday, 21 months after it was sought by several news outlets via Freedom of Information Act requests. …

Carrie Underwood sparks fan frenzy with adorable new family member

Carrie Underwood sparks fan frenzy with adorable new family member

Fans were delighted when Carrie Underwood announced on Monday that she had welcomed two more family members to her 400-acre farm, with a clip of the newborn lambs uploaded to Instagram. “Timeline cleanse…We adopted these two little orphan lambs,” Carrie began in the caption. The star added that her family had named them Murray and Magnolia – or Maggie for short. © Instagram New life “These mornings are so precious. It took a few days for them to willingly take the bottle…I’m still working on him,” she continued, before sharing that she was “trying to be a good mama to these babies”. The singer’s fans took to the comment section to obsess over the “adorable” and “precious” lambs, with one writing: “Well if this isn’t the sweetest way to start off a Monday I don’t know what is,” while another shared: “You are a good Mama to them!” “Those lambs have no idea…they just won the lottery!” said a third. Carrie shared a further glimpse of the lambs in a second Instagram post, quipping: “Hey …

I had a front row seat at the Blur v Oasis frenzy – here’s what a new play gets bang on and bafflingly wrong | Theatre

I had a front row seat at the Blur v Oasis frenzy – here’s what a new play gets bang on and bafflingly wrong | Theatre

“At this point, it’s Israel/Palestine. Rangers/Celtic. No one remembers how it got started. All they know is, ‘I like this team and I don’t like that team.’ The whole country’s gone fucking mad. It’s what happens in a civil war – everyone starts thinking with the blood.” In a new play simply titled The Battle, those words are spoken by a fictionalised Damon Albarn, as he leads his band Blur into a contest with Oasis for a summer No 1 and the de facto kingship of Britpop. But then he recoils as he wonders what on earth he has got involved in. Musical considerations inevitably take second place to sales figures, as the brief, superficial friendship between the two groups curdles into a poisonous loathing, mostly on the Oasis side. And, ironically, the band that has a thoroughly uncomplicated relationship with fame and success – the one fronted by the dependably mad-for-it Gallagher brothers – ends up losing out to a quartet whose victory instantly fills them with angst and emptiness. The Battle – two …