As India’s first AI company to IPO, Fractal Analytics didn’t have a stellar first day on the public markets, as enthusiasm for the technology collided with jittery investors in the wake of a sell-off in Indian software stocks.
The merger creates the world’s most valuable private company, and paves the way for Musk to try and prove out the usefulness of space-based data centers.
Two Stanford students announced Monday that they have raised $2 million for an accelerator program called Breakthrough Ventures, which seeks to fund the businesses of college students and recent graduates nationwide.