Wednesday, July 28, 2021

Duolingo raises $521M in its IPO after pricing shares at $102, valuing the company at $3.66B (Bloomberg)

Bloomberg:
Duolingo raises $521M in its IPO after pricing shares at $102, valuing the company at $3.66B  —  Language learning app Duolingo Inc. and its investors raised $521 million in an initial public offering priced above the marketed range.  —  The company priced 5.1 million shares at $102 each Tuesday …



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The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after staff criticized its leadership in December (Financial Times)

Financial Times : The Alan Turing Institute, the UK's flagship AI agency, plans to focus on defense, environment, and health, after s...