OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies

OneConnect’s US-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this morning to understand what we missed and why we care. The now-public company sells financial technology that banks in China and select foreign countries can use to […] Continue reading OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies

H2O.ai announces $72.5M Series D led by Goldman Sachs

H2O.ai‘s mission is to democratize AI by providing a set of tools that frees companies from relying on teams of data scientists. Today it got a bushel of money to help. The company announced a $72.5 million Series D round led by Goldman Sachs and Ping An Global Voyager Fund. Previous investors Wells Fargo, NVIDIA […] Continue reading H2O.ai announces $72.5M Series D led by Goldman Sachs