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Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday (Kensaku Ihara/Nikkei Asia)

Kensaku Ihara / Nikkei Asia : Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below it...

25 June 2025

Andy Konwinski, co-founder of Databricks and Perplexity, launches the nonprofit Laude Institute, self-funded with $100M for grants to AI projects and labs (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE:
Andy Konwinski, co-founder of Databricks and Perplexity, launches the nonprofit Laude Institute, self-funded with $100M for grants to AI projects and labs  —  Databricks Inc. co-founder and Apache Spark creator Andy Konwinski this week announced the creation of a new artificial intelligence …

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