Investing.com -- The future of artificial intelligence lies not just in algorithms but in imagination, according to Wang Jian, founder of Alibaba (NYSE: BABA) Cloud. In a recent Bloomberg interview, he said China’s next leap in AI will depend on creativity in applications rather than building ever-larger models.
“Today you can see actually the technology is getting real. And the problem we’re trying to solve is a real problem,” Wang said, reflecting on the maturation... (continue reading...)
By Manya Saini and Niket Nishant
(Reuters) -Figma raised the proposed price range for its U.S. initial public offering on Monday and is now aiming for a valuation of $18.8 billion, in the latest sign of strong investor appetite for high-growth technology stocks.
The design software firm, along with some of its investors, is looking to raise $1.18 billion by selling nearly 37 million shares priced between $30 and $32 each. That compares with... (continue reading...)
Investing.com -- BCE (NYSE: BCE) Inc (TSX: BCE) and Toronto-based AI firm Cohere have announced a strategic partnership aimed at delivering sovereign, enterprise-grade AI solutions to Canadian governments and businesses. Under the agreement, Bell Canada will serve as Cohere’s preferred infrastructure provider in Canada, while Cohere becomes Bell’s go-to supplier for large language models (LLMs) and agentic AI platforms.
Cohere’s AI capabilities, including its North... (continue reading...)
Investing.com -- In a note to clients on Monday, DA Davidson called Figma “an ideal IPO candidate to lead the way for additional software IPOs over the next 12–18 months.”
The firm expects Figma to begin trading later this week. The note highlights strong investor appetite and points to the firm’s fundamentals, stating that Figma “checks the boxes in terms of growth, profitability, and technology.”
Figma is part of a broader wave of well-capitalized private software... (continue reading...)
Investing.com -- Wells Fargo initiated coverage on Electronic Arts (NASDAQ: EA) with an Equal Weight rating and a $168 price target, while assigning Take-Two Interactive (NASDAQ: TTWO) an Overweight rating with a $265 price target in notes on Monday.
The firm highlighted significant upcoming catalysts for both companies, including Battlefield 6, the 2026 World Cup, and Grand Theft Auto 6.
On EA, Wells Fargo said it sees “two NT catalysts: Battlefield launch (F3Q:26)... (continue reading...)
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