Pye AI

AI startup Razor Labs bypasses VC route, instead going public

AI startups based in Israel have had little difficulty raising venture funding. Some are now following the lead of their U.S. counterparts by going public. Among the first is industrial AI specialist Razor Labs, which also raised $36 million while launching an initial public offering

5 IPOs that show the importance of data in 2020

3 months ago3 months ago Anonymous

The amount of data being generated continued to soar in 2020. And with the rollout of 5G networks, the deployment of edge computing, and the expanding adoption of cloud computing, most projections show the creation and collection of data continuing to accelerate. Earlier this year, IDC had projected that 59 zettabytes of data would be “created, captured, copied, and consumed” in 2020, up from 41ZB in 2019. By 2024, that number is expected to reach 149ZB.

Palantir IPO filing reveals 2019 loss of $580 million

8 months ago7 months ago Reuters

(Reuters) – Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year.