March 28, 2024

Web and Technology News

Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering t…

Sources: Lensa AI backer exits Servers.com for $200M

A backer of the Lensa AI app, which sent AI-generated images from Stable Diffusion rocketing into mainstream social media, has just exited a company for a substantial amount of money, say well-placed sources speaking on the condition of anonymity. CloudOne Digital has today announced its acquisition of Servers.com, a provider of ‘bare metal’ services with […]