FinNotes

3 matches across 1 sections

Market news & articles

Markets · 2 hours ago

South Korea’s Kospi rebounds over 8% as memory-chip stocks recover after AI-led tech rout

South Korea’s Kospi rose 8.2% to 8,096.93, reversing most of the prior session’s losses. The benchmark had fallen 8.3% to 7,484.41 in its largest one-day drop since March 4. The rebound was led by memory-chip shares, including major domestic semiconductor companies, after a tech selloff tied to AI-related trading.

Deals & Capital Markets · 3 hours ago

OpenAI confidentially submits draft S-1, opening path to a U.S. IPO

OpenAI said it has confidentially filed a draft S-1 registration statement with the U.S. SEC for a potential initial public offering. The company did not disclose deal size or terms and said it has not set a timetable. It said the filing preserves flexibility while it remains focused on building AI products.

Technology · 2 days ago

OpenAI prepares major ChatGPT rebuild into agent-based ‘superapp’ as it readies planned IPO

OpenAI is planning its largest redesign of ChatGPT, aiming to expand it beyond chat into a broader app that includes coding features and AI agents designed to handle tasks across work and personal use. The changes are being prepared as the company moves toward a planned public listing this year.