Confluent, a 7-year old startup that is building a business around the Apache Kafka data-processing software, is looking to raise $100 million in an IPO later this year, according to a filing with the Securities and Exchange Commission. The company didn’t specify how many shares it plans to offer or a price range, and the $100 million is a placeholder that could be updated later. Some...
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Why the AI Race Is Getting Weird
There comes a point in every major new technology cycle where new alliances form, especially between the incumbents and the younger upstarts nipping at their heels.This is happening at superspeed in artificial intelligence—but the pattern is frankly pretty weird, and I think it points to the fact that AI, in a lot of ways, is going to be different from tech developments before it, like cloud...
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