Moonshot Plans IPO in Six Months After China AI Breakthrough

Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s artificial intelligence capabilities and sent tech stocks reeling. Staying on IPO news, Jersey Mike’s Subs Inc. and its shareholders are looking to raise as much as $1.09 billion in an initial public offering, as consumer-oriented companies join the US listing rebound. Bloomberg's Bailey Lipschultz joins to discuss.

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