The AI boom is giving recent tech IPOs a boost

"We analyzed 15 of the companies with the largest tech IPOs since 2022 to see whether they’ve gained or lost value since they filed to go public. The majority (10 out of 15) have either held steady or gained value as public players — a positive indicator for tech IPOs more broadly, which until recently were getting beaten down badly in the public markets. And AI is an important factor driving gains for several of these companies — like chip designer Arm and precision medicine co Tempus."