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.
AI labs just can’t get their employees to stay put. Yesterday’s big AI news was the abrupt and seemingly acrimonious departure of three top executives at Mira Murati’s Thinking Machines lab.
Higgsfield says its on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares.