Parker Conrad, the billionaire CEO and founder of Rippling, is eyeing a forthcoming public offering, he told The Information, though he would give no details on an exact timeline for the payroll and human-resources company’s listing. Conrad believes an IPO would fulfill an “implicit agreement” made with the startup’s investors and employees to provide a meaningful exit, he said. A public debut...
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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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