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Echo Wang

Reporter

Indexed articles, last 90 days
5
Latest publication
Sep 29, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 14, 2026

Latest articles

  1. Article · Sep 29, 2026 · By Echo Wang

    Exclusive-Anthropic's IPO prospectus shows sweeping AI vision, surging costs (opens the original)

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    Sept 28 (Reuters) - Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters. But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 ‌billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus. The prospectus details how the company has grown sharpl

  2. Article · Aug 15, 2026 · Echo Wang

    Exclusive-Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say (opens the original)

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    Aug 14 (Reuters) - As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now. Anthropic is projecting 2028 ‌revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financials, a figure that has not previously been reported. The projection dwarfs the $47 billion

  3. Article · Jul 31, 2026 · By Echo Wang and Sabrina Valle

    Exclusive-Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal, sources say (opens the original)

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    NEW YORK, July 31 (Reuters) - Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp, in a deal valuing the combined business at $638 million, according to four people ‌familiar with the matter. President Donald Trump's son Eric Trump has recently become the third-largest private investor in the original Space-Eyes, which has ‌operated primarily as a research-and-development company and generated about $1

  4. Article · Jul 31, 2026 · Echo Wang and Sabrina Valle

    Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal (opens the original)

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    NEW YORK, July 31 (Reuters) - Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp in a deal valuing the combined business at $638 million, the companies said on Friday, confirming an earlier Reuters report. President Donald ‌Trump's son Eric Trump has recently become the third-largest private investor in the original Space-Eyes, which has operated primarily as a research-and-development company and gene

  5. Article · Jul 14, 2026 · Echo Wang and Milana Vinn

    Exclusive-Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say (opens the original)

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    July 13 (Reuters) - Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth ‌quarter, according to two people familiar with the matter, and value the company at close to $80 billion, ‌including debt. Goldman Sachs and JPMorgan Chase have been tapped as lead underwriters for the offering, the people said. The size, timing and valuation remain ​under discussion and could still change, the sources said, requestin

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