Wednesday, June 23, 2021

Sprinklr, which builds tools to help brands interact with customers online, raises $266M in US IPO at about a $4B valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
Sprinklr, which builds tools to help brands interact with customers online, raises $266M in US IPO at about a $4B valuation  —  - New York-based company valued at $4 billion after pricing IPO  — Sprinklr prices shares at $16, below marketed range of $18-$20



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...