Fervo Energy Co., a geothermal energy developer, raised $1.89 billion in a US initial public offering that priced above the marketed range, after upsizing the deal earlier this week.
American Electric Power Co., one of the biggest utilities in the US, is seeking to raise $2.6 billion in a share sale as artificial intelligence technology drives booming demand for electricity.
Cerebras Systems Inc. is set to increase the price range of its initial public offering as soon as Monday, according to people familiar with the matter, as demand for the artificial intelligence chipmaker’s shares continues to build.
