Reddit stock closes up nearly 48% on its first day of trading
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per...
Astera Labs IPO will reveal how much investors want in on AI
While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs....
Astera Labs goes public, and the Inflection-Microsoft AI saga continues
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is...
ServiceNow is developing AI through mix of building, buying and partnering
Every enterprise software company out there is working to bring more workflow automation and AI to the platform. ServiceNow has been on this journey...
Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its...
Microsoft really wants to talk about Copilot
Microsoft announced two new Surface devices and a slew of new accessories at a virtual event today, but the first part of the presentation...
Nvidia CEO wants enterprise to think ‘AI factory,’ not data center
In Monday’s keynote at Nvidia’s GTC 2024 event, CEO Jensen Huang kept repeating the phrase “AI factory.”
“In the last Industrial Revolution, the raw material...
OpenAI’s chatbot store is filling up with spam
When OpenAI CEO Sam Altman announced GPTs, custom chatbots powered by OpenAI’s generative AI models, onstage at the company’s first-ever developer conference in November,...
White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing
Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S....
