Cloud software firm Sumo Logic has filed to go public, becoming the latest software company headed to the public markets this fall. It joins Snowflake, which confidentially filed for an initial public offering, as well as Palantir and Asana, both of which are opting for direct listings. Redwood City, Calif.-based Sumo Logic has yet to be profitable. It lost $92 million last year, according to...
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OpenAI Dangles Perks and Early Access to Win Investments in AI Startups

OpenAI has proven itself to be a prolific fundraiser, collecting billions of dollars from Microsoft and others to perfect its artificial intelligence software. Lately, it’s also been flexing its muscles as an investor in other AI startups, a strategy that could tie a generation of young companies to its machine-learning models and Microsoft’s cloud services. San...
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