Wednesday, May 22, 2024

Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue (Thyagaraju Adinarayan/Bloomberg)

Thyagaraju Adinarayan / Bloomberg:
Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue  —  - Set to sell $40 million in new shares and list on main market  — Arm and Lansdowne Partners are cornerstone investors in IPO



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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...