Razer CEO Tan Min-Liang speaks onstage with CNBC’s Joanna Ossinger at Singapore’s Super AI convention on June 11, 2026.<\/p>\n
SuperAI 2026<\/p>\n
Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series of widely anticipated public debuts from major AI companies.<\/p>\n
“I think with this host of new companies going out into public capital markets, it’s super exciting, but I think this would be just the beginning,” Tan told CNBC’s Joanna Ossinger at Singapore’s SuperAI convention, referring to IPO filings from tech giants SpaceX, Anthropic and OpenAI.<\/p>\n
“We’re going to see a second generation, a third generation, different waves coming through,” he added.<\/p>\n
Tan’s remarks come a day before Elon Musk’s SpaceX \u2014 which includes xAI<\/a>, the business unit overseeing X and Musk’s Grok model \u2014 makes its public debut, targeting a historic $1.77 trillion valuation<\/a> in its IPO. <\/p>\n OpenAI filed to go public<\/a> Monday afternoon stateside, hot on the heels of its rival Anthropic, which submitted an IPO filing with the U.S. Securities and Exchange Commission a week earlier<\/a>. <\/p>\n Anthropic closed its Series H funding round<\/a> on May 28 at a $965 billion valuation, edging out OpenAI, which was valued<\/a> at $852 billion in March.<\/p>\n Unlike the frenzy of filings from the AI companies set to make their Wall Street debuts, Tan’s Razer delisted<\/a> from the Hong Kong Stock Exchange in April 2022 \u2014 after five years on the exchange<\/a> \u2014 in a move that he said was to allow them to focus on AI development.<\/p>\n Razer’s privatization deal saw a consortium of investors led by co-founder Tan and Hong Kong-based private equity firm CVC Capital Partners offer up to 10.79 billion Hong Kong dollars ($1.38 billion) to buyout shares they did not own at HK$2.82 apiece. The company debuted in 2017 with its IPO priced at HK$3.88 per share.<\/p>\n The company said in February that it had invested over $600 million<\/a> in AI development, and has launched a suite of wearable AI products for its gaming-focused core target audience.<\/p>\n Tan touted Project Motoko<\/a> \u2014 the company’s AI headset that it launched in January at CES \u2014 onstage at SuperAI, which provides users real-time translation services, cooking guidance, and repair instructions. <\/p>\n