Tuesday, November 30, 2021

Brazil's Nubank said to weigh a reduction in IPO valuation

Nubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more than the market cap of Brazil’s largest bank Unibanco Holding SA.

from Tech-Economic Times https://ift.tt/3E6vcFC

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Google's Jeff Dean launches AI startup Discovery Loop

Announcing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate m...