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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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...