Enterprise AI software maker C3.ai sets terms for $504 million IPO

C3.ai, which provides a SaaS platform for deploying enterprise AI applications, announced terms for its IPO on Monday.

The Redwood City, CA-based company plans to raise $504 million by offering 15.5 million shares at a price range of $31 to $34. Insider BlackRock and new investor Capital Research Global Investors intend to purchase a combined 20% of shares in the offering. Koch Industries and Microsoft intend to purchase a combined $150 million in a concurrent private placement. At the midpoint of the proposed range, C3.ai would command a fully diluted market value of $4.3 billion.

The company provides SaaS applications that enable the rapid deployment of enterprise-scale AI applications on Azure, AWS, the IBM Cloud, Google Cloud Platform, or on-premise. Its two primary families of software solutions include the C3 AI Suite, which is a comprehensive application development and runtime environment that is designed to allow its customers to

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Vi Had the Fastest 4G Internet In Q3 2020; India Behind Pakistan in Terms of Internet Speed: Ookla

Vi Had the Fastest 4G Internet In Q3 2020; India Behind Pakistan in Terms of Internet Speed: Ookla

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Vi Had the Fastest 4G Internet In Q3 2020; India Behind Pakistan in Terms of Internet Speed: Ookla

Vi (erstwhile Vodafone Idea) provided for the fastest 4G speeds in India during Q3 2020, according to a report by internet speed test analyst firm Ookla. While Vi had the fastest 4G internet, Reliance Jio led the list in terms of 4G availability. Further, Hyderabad reported the fastest 4G speeds among big Indian cities, and the country trailed behind neighbouring country Pakistan in terms of 4G speeds, the Ookla report said. The report also said that India leads in terms of 4G availability, with 93.7 percent of the tested locations having 4G connectivity.

According to the report by Ookla, Vi saw 13.74mbps average download speeds and 6.19mbps average upload speeds in Q3 2020. Vi was followed by Airtel, which registered 13.58mbps average download speeds, and 4.15mbps average upload

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Paleontologists See Stars as Software Bleeps Scientific Terms

The trouble started when Thomas R. Holtz Jr., an expert on the Tyrannosaurus rex, typed “Hell Creek Formation,” the rock unit in Montana where the remains of North America’s last giant dinosaurs have been found.

He was trying to answer a colleague’s question after an online presentation during the first day of the Society of Vertebrate Paleontology’s 80th annual conference.

But Mr. Holtz was stunned when instead of the word “Hell,” four asterisks appeared in the chat.

Puzzled, he described the issue on Twitter. Colleagues chimed in with other words that had been rejected by the software system set up to filter out profanities: knob, pubis, penetrate and stream, among others.

“Most funny to us was the censorship of ‘bone,’ which, after all, are the main thing we work with,” Mr. Holtz said.

Many have raised concerns about online censorship by large tech companies. Instagram has been criticized for banning

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The Importance of Having a Terms of Use Agreement for Your Website and eCommerce

A terms of use agreement serves as a contract between a website operator and a website user, essentially allowing the operator to set ground rules for the website’s use. These agreements have become a near-necessity for website operators because they help show that users understand how they are permitted to interact with the website and that they have agreed to adhere to those parameters of interaction. Thus, any company with an online presence should consider including a well-crafted terms of use agreement for several reasons.

The Agreement Can Help Protect Your Website’s Content

Within a terms of use agreement, the operator can inform users of how they may use the website and how they may not use a website. Further, if the website allows account registration, the agreement may include a termination clause, which permits the operator to terminate the account and ban the user from the site, typically at … Read More

Interested in Agile Software Development? 5 Terms You Should Know About Agile Programming

Agile software development is an increasingly popular approach to creating custom software. Through the process of agile development, solutions emerge from combinations of self-organizing, multi-functional teams. Using the agile methodology, businesses actively embrace the unpredictability of the software development lifecycle. The agile methodology promotes an active and flexible response to change, while utilizing project planning, progressive development, timely distribution, and constant improvement.

In the past, many companies implemented a waterfall approach to software development. In the past decade an alternative agile approach has grown in popularity. The waterfall methodology lacked communication and adaptability that is typically required to excel in today’s fast-paced world of product development.

Agile Software Development – 5 Terms To Know

Because a growing number of businesses are implementing an Agile methodology, it’s important to understand the basic terminology associated with this unique approach to software development. Here are 5 terms commonly used during the agile software … Read More