Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.
Category: Venture Capital
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Instacart Prices I.P.O. at $30 a Share, Raising $660 Million
The grocery delivery company priced its offering at the high end of expectations, in a potentially upbeat sign for tech public offerings.
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The Stock Market Hopes Arm’s IPO Is a Hit
Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year.
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The Stock Market Hopes for a Hit From the Year’s Biggest Initial Public Offering
Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year.
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How the Dream of Building a California City From Scratch Got Started
A former Goldman Sachs trader moved to the Bay Area to make it in tech. He ended up buying rural land with money from some of Silicon Valley’s wealthiest people.
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Mike Moritz, Reid Hoffman and Other Silicon Valley Titans Said to Be Behind Mysterious Land Deals
A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land. The people behind the deals are said to be a who’s who of the tech industry.
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The A.I. Industry’s Desperate Hunt for GPUs Amid a Chip Shortage
To power artificial-intelligence products, start-ups and investors are taking extraordinary measures to obtain critical chips known as graphics processing units, or GPUs.
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Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
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Crypto’s Next Craze? Orbs That Scan Your Eyeballs.
Sam Altman, OpenAI’s chief executive, has started Worldcoin, a cryptocurrency project that aims to scan billions of human irises.
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A Zoom Call, Fake Names and an A.I. Presentation Gone Awry
A.I. start-ups are competing fiercely with one another as a race to get ahead in the technology intensifies.
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Steve Jobs’s Son Gets Into Venture Capital
Reed Jobs, 31, is starting an investment firm to focus on new cancer treatments, continuing a yearslong focus on a disease that hits close to home.
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An A.I. Supercomputer Whirs to Life, Powered by Giant Computer Chips
The new supercomputer, made by the Silicon Valley start-up Cerebras, was unveiled as the A.I. boom drives demand for chips and computing power.