Datto, which provides outsourced information technology services to clients, began trading on the New York Stock Exchange as ‘MSP’ Wednesday morning. It priced its initial public offering at $27, raising $594 million. The stock opened 19% higher at $32, although it fell back to $28.30 later in the day, giving it a market cap of $4.5 billion. The firm intends to use its IPO proceeds to help pay...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
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