Image Credits: sl-f / Getty Images 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. And it may be a more important test of investors’ returning appetite for tech IPOs. Astera this week announced in a public filing that it’s …
Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform’s content, Bloomberg News reported, citing people familiar with the matter. Reddit, which is eyeing an initial public offering (IPO) launch, has told prospective investors that it signed the deal, worth $60 million on an annualized …
Berkshire Hathaway, the investment firm billionaire Warren Buffet, has sold its entire 2.46 per cent stake in One97 Communications, the parent company of fin-tech company Paytm, for Rs 1,371 crore. The sale was made through an open market transaction, in which BH International Holdings, an affiliate of Berkshire Hathaway, offloaded over 1.56 crore shares of …
A recent report by The Society of Chemical Industry estimated that the UK is at risk of missing out on substantial economic growth if it fails to enhance its support and commercialization of scientific endeavors. Getty Images The life sciences sector is a leading force in the UK economy, representing innovation and progress on the …
Ola Electric, a prominent manufacturer of electric scooters and a SoftBank and Temasek-backed enterprise, is set to hold discussions with investors in Singapore and the United States regarding its upcoming $1 billion (roughly Rs. 8,250 crore) IPO, marking the first in a series of meetings. The company intends to raise between $600 million (nearly Rs. …