Urban Company’s IPO, which opened last week, was oversubscribed more than 100 times, reflecting strong investor demand.
Blog
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Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch
Carl Pei’s Nothing is raising $200 million in a Series C round from Tiger Global at a $1.3 billion valuation.
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OpenAI board chair Bret Taylor says we’re in an AI bubble (but that’s okay)
Like OpenAI CEO Sam Altman, Bret Taylor thinks we’re in an AI bubble — but he doesn’t sound too worried about it.
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Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’
Tesla’s board chair is defending a proposed 10-year, $1 trillion compensation package for CEO Elon Musk.
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Ram ends EV pickup truck plans
Stellantis, the parent company of Ram, said Friday that it will no longer develop a battery-electric full-size pickup. The company cited low demand for full-size battery-electric trucks as the primary reason.