Quantexa Eyes $3B IPO in UK or US

Quantexa is looking at initial public offering options in the United Kingdom or the United States. The artificial intelligence and data analytics company is targeting a valuation of around 3 billion dollars.

This move highlights the ongoing competition between major stock exchanges to attract high growth technology companies. For the United Kingdom, keeping such a large firm on local soil would be a major win for the domestic tech sector.

Market watchers will monitor the company for official filing announcements and final decisions on the listing venue. The choice of exchange will likely set a strong tone for upcoming tech listings in the near future.