Wednesday, October 27, 2021

Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B (Bloomberg)

Bloomberg:
Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B  —  Data-management software provider Informatica Inc. priced its initial public offering at the bottom of a marketed range, according to a person familiar with the matter.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...