OpenAI has confidentially filed for an IPO, marking a major step for the AI industry. Meanwhile, Sam Altman's other company, Tools for Humanity, known for its Worldcoin project that uses iris scans to verify identities, is reportedly conducting layoffs due to revenue challenges. Despite raising $2.5 billion in funding and partnerships with companies like Tinder and Zoom, Tools for Humanity faces regulatory and ethical issues internationally, including bans and fines in Kenya and South Korea. The company’s controversial approach to collecting biometric data in exchange for cryptocurrency has sparked privacy concerns, complicating its growth prospects.
The US government is actively negotiating to take equity stakes in AI companies like OpenAI and Anthropic ahead of their planned IPOs, following a precedent set by its investment in Intel. This move aims to give the public a share in AI-driven growth...
Trulieve Cannabis Corp. made history by becoming the first U.S. cannabis company to list on the New York Stock Exchange under the ticker TRLV. This milestone was enabled by the Trump administration's reclassification of cannabis to Schedule III for m...
West Fraser Timber Co. Ltd. announced a quarterly dividend of US$0.32 per share on its Common and Class B Common shares. The dividend will be paid on July 13, 2026, to shareholders of record as of June 25, 2026. Shareholders have the option to receiv...
BIO-key International, a leader in biometric authentication, received a Nasdaq notice for failing to file its quarterly 10-Q report on time for Q1 2026. Nasdaq's notice indicates the company's compliance with listing rules is under review, and a hear...
Nyxoah SA has issued 55,232,558 new ordinary shares as part of a previously announced public offering, increasing the total number of shares with voting rights to 99,926,284. This move follows a private placement to qualified investors outside the U....
