Friday, November 13, 2020

AI services company C3.ai files for IPO, reports revenue of $157M in the fiscal year ending April 2020, up 71% YoY, and a deficit of $293M at the end of July (Tiernan Ray/ZDNet)

Tiernan Ray / ZDNet:
AI services company C3.ai files for IPO, reports revenue of $157M in the fiscal year ending April 2020, up 71% YoY, and a deficit of $293M at the end of July  —  The software-as-a-service company that has been using masses of GPUs to run deep learning programs plans to list under the ticker “AI.”



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...