Astera Labs began its journey as a publicly traded company with a share price of $52.56, showcasing an impressive 46% increase at the time the market opened. The firm had priced its initial public offering (IPO) at $36 per share the previous night, surpassing the proposed price range. Astera’s IPO marks the first significant tech […]
Reddit’s future, as it fast tracks towards a public listing on the stock exchange, has more to do with its relationship with AI vendors such as OpenAI than you might initially assume. The IPO prospectus that Reddit submitted today to the U.S. Securities and Exchange Commission underscores the value Reddit places on its data licensing […]