Salesforce’s Stupid Deal Disappears, Rubrik’s IPO, and Venture Capital in Space
It’s going to be a great week! Tech revenues are rising, the EV wars are on (and oh my!), and venture capital feels like it’s on cloud nine.It all adds…
Rubrik focuses on huge IPO value of $5.4 billion amid cybersecurity boom
Cybersecurity software company Rubrik announced this week that it will seek a $5.4 billion valuation in its initial public offering as the stock market recovers and demand for security increases…
Astera Labs IPO rises 54%, showing strong investor demand for technology with an AI twist
Astera Labs started as a publicly traded company and was up 46% at the time of the bell, trading at $52.56 per share. The company priced its IPO last night…
Reddit sells training data to unknown AI company ahead of IPO
on friday, bloomberg Reddit reported that it has signed a deal allowing an unnamed AI company to train models on the site’s content, according to people familiar with the matter.…