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Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively (Himanshi Akhand/Reuters)

Himanshi Akhand / Reuters : Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches we...

26 March 2024

Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at "several hundred million pounds" (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg:
Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at “several hundred million pounds”  —  - Australian unicorn buys British team behind Affinity art suite  — Affinity offers alternative tools to Adobe's flagship products

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