Friday, September 15, 2023

Instacart raises its proposed IPO price range, seeking to sell 22M shares at $28 to $30 each, up from $26 to $28 each, in the wake of Arm's successful IPO (Niket Nishant/Reuters)

Niket Nishant / Reuters:
Instacart raises its proposed IPO price range, seeking to sell 22M shares at $28 to $30 each, up from $26 to $28 each, in the wake of Arm's successful IPO  —  Grocery delivery app Instacart on Friday raised the proposed price range for its initial public offering, revising its terms to target …



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US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (Francesca Maglione/Bloomberg)

Francesca Maglione / Bloomberg : US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech say...