NEW YORK, Sept 15 (Reuters) – Marketing automation firm Klaviyo Inc is in advanced discussions to raise the indicative price range of its initial public offering (IPO), people familiar with the matter said on Friday, as strong investor demand emboldens stock market hopefuls. Klaviyo, which is seeking an $8 billion fully diluted valuation at the … Read more
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Sept 11 (Reuters) – Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm’s goal of raising around $5 billion in New York in what might be the biggest … Read more
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Republican presidential candidate and former U.S. President Donald Trump speaks as he campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. August 12, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing Rights NEW YORK, Sept 5 (Reuters) – Investors in Digital World Acquisition (DWAC.O) (DWAC), the blank-check acquisition company that plans to merge with former … Read more
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Baidu sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song Acquire Licensing Rights Baidu, SenseTime, Baichuan open AI products to the public Chinese media say 11 firms have received government approval Approvals anticipated after Beijing passed generative AI rules Shares in Baidu, SenseTime jump Aug 31 … Read more
Aug 25 (Reuters) – Investment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta (META.O) and Spotify , on Friday told limited partners it has been the target of a series of misinformation attacks by a former employee, according to a letter seen by Reuters. The firm was responding … Read more
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Zepto logo is seen displayed in this illustration taken May 2, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights MUMBAI, Aug 25 (Reuters) – Indian grocery startup Zepto said on Friday it has raised $200 million in fresh funding at a valuation of $1.4 billion, making it the first startup in the country to cross the … Read more
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A general view of the Naver sign on its office building in Seongnam, South Korea, May 13, 2022. Picture taken May 13, 2022. REUTERS/ Heo Ran/File Photo Acquire Licensing Rights SEOUL, Aug 24 (Reuters) – South Korean internet giant Naver (035420.KS) unveiled its own generative artificial intelligence (AI) tool on Thursday, joining the frenzy around … Read more