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AI in action: Stories of how enterprises are transforming and modernizing

CIO

In claims and operations, insurers are applying AI to fraud detection, loss summarization and automation of large-scale document processing. AI lends itself to immense processing power, but we always couple it with expert human judgment, De Majumdar said.

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A first look at Coursera’s S-1 filing

TechCrunch

After TechCrunch broke the news yesterday that Coursera was planning to file its S-1 today, the edtech company officially dropped the document Friday evening. During that same period, Coursera posted a net loss of nearly $67 million, up 46% from the previous year’s $46.7 million net deficit. Coursera was last valued at $2.4

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Rivian’s IPO filing is now public

TechCrunch

The S-1 document, which was filed Friday with the U.S. The S-1 document provides a first look at Rivian’s financial data and other insights into the company as well as the risks and opportunities it faces. Rivian reported a net loss of $426 million in 2019. Inside the S-1.

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Bumble files to go public

TechCrunch

TechCrunch will have its usual tear-down of the document later today, but we have pulled some top-line numbers for you to kick off your own research. Net income of $68.6 Net income of -$116.7 You can read its IPO filing here.

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Peer-to-peer car-sharing company Turo files IPO to go public

TechCrunch

The S-1 document filed Monday with the U.S. In 2020, Turo generated net revenue of $149.9 Net losses were $97.1 million in net losses it had in 2019. Turo said this tool, along with hosts increasing the prices for vehicles that they charge to guests, contributed to its increased net revenue. Risk factors.

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8 major IT disasters of 2024

CIO

The admission came after YouTuber The Net Guy found malware on Acemagic mini PCs when testing them. Some news reports suggested that Horizon, installed way back in 1999, didnt share documentation of known errors with its Post Office overseers. It seems like there were a combination of mistakes.

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Robinhood files to go public after squeaking to profitability in 2020

TechCrunch

Robinhood’s public offering document includes a placeholder $100 million raise figure, though that will change the closer we get to its debut. Notably, Robinhood was profitable in 2020, generating net income of around $7.4 That compares with a net loss of $107 million for 2019. million during the one-year period.

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