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Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued at $1.4B in 2022 during a failed acquisition by UBS (Prakhar Srivastava/Reuters)

Prakhar Srivastava / Reuters : Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued...

2 November 2023

Sources: YMTC has had to raise billions of dollars in capital, after burning through $7B over the past year, as the Chinese chipmaker tries to adapt to US curbs (Financial Times)

Financial Times:
Sources: YMTC has had to raise billions of dollars in capital, after burning through $7B over the past year, as the Chinese chipmaker tries to adapt to US curbs  —  Memory chipmaker was running out of cash after a year of combating Washington's tighter controls

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