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Razer CEO Calls AI IPO Wave the Start of Successive Listings as SpaceX Files for $1.77 Trillion Valuation
Min-Liang Tan told CNBC at Singapore's SuperAI convention that multiple generations of AI companies will reach public markets. His comments came one day before SpaceX's planned IPO at a $1.77 trillion valuation.
Jun 11, 4:34 AM·1m read1 source
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Min-Liang Tan, CEO of Singapore-based gaming company Razer, said Thursday that the recent wave of artificial-intelligence IPO filings marks only the start of a longer cycle. Speaking at Singapore's SuperAI convention, Tan told CNBC's Joanna Ossinger that second- and third-generation AI companies will reach public markets in successive waves.
77 trillion valuation, with its debut scheduled for the day after Tan's remarks.
U.S. Securities and Exchange Commission one week earlier. Anthropic closed its Series H round on May 28 at a $965 billion valuation, while OpenAI was valued at $852 billion in March.
Tan contrasted the current filings with Razer's own path. The company delisted from the Hong Kong Stock Exchange in April 2022 after five years on the exchange. 82 each.
88 per share. The company stated in February that it had invested more than $600 million in AI development. In January, Razer launched Project Motoko, an AI headset that provides real-time translation, cooking guidance, and repair instructions.
It also offers a workstation for heavy AI workloads and an AI desktop companion named Ava. "We are all-in on AI," Tan said, adding that the company is exploring how AI could exhibit human-like personalities and emotions.
