Thursday, September 12, 2024

Analysis: VC investments in AI startups have reached $64.1B, ~30% of total VC dollars invested, so far in 2024 amid questions about whether it will pay off (Wall Street Journal)

Wall Street Journal:
Analysis: VC investments in AI startups have reached $64.1B, ~30% of total VC dollars invested, so far in 2024 amid questions about whether it will pay off  —  Tech giants and investors are shoveling cash into artificial intelligence amid questions about whether it will pay off



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Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)

Reuters : Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly...