SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Genesys, a leading developer of AI-driven call center software, has postponed its highly anticipated initial public offering (IPO) due to increased stock market volatility, according to The Information. Originally set for April or May, the IPO is now expected to take place later in 2025.
The AI firm had confidentially filed for an IPO in late 2024, aiming to capitalize on surging market interest in artificial intelligence. Reports suggested Genesys could raise up to $2 billion through the offering. However, given the unpredictable market conditions, the company has opted to delay its debut.
Backed by major investors such as Salesforce (NYSE: CRM), Zoom Video Communications (NASDAQ: ZM), and BlackRock (NYSE: BLK), Genesys remains a key player in AI-powered customer service solutions. The company was acquired by private equity firm Permira Holdings in 2012 for approximately $1.5 billion.
Despite the delay, Genesys is expected to proceed with its IPO when market conditions stabilize, aligning with the growing demand for AI in enterprise solutions.
