Renaissance Capital logo

AI News

Updated: Renaissance Capital's 2020 US IPO Market Review

C3.ai logo

The IPO Market Has the Best of Times in the Worst of Times 2020 was a year to forget for many people, but it was unforgettable for IPO investors who benefitted from both the number of IPOs...read more

US IPO Weekly Recap: Airbnb and DoorDash make their public debuts in a 10 IPO week

ABNB

10 IPOs entered the public market this past week headlined by Airbnb (ABNB) and DoorDash (DASH), which completed the largest and second-largest IPOs of 2020, respectively. They were joined by 20 blank check IPOs in the...read more

Enterprise AI software maker C3.ai prices IPO at $42, well above the upwardly revised range

C3.ai logo

C3.ai, which provides a SaaS platform for deploying enterprise AI applications, raised $651 million by offering 15.5 million shares at $42, well above the upwardly revised range of $36 to $38. The company had originally planned to offer 15.5 million shares at a...read more

I, IPO: C3.ai brings artificial intelligence to Wall Street

C3.ai logo

Founded and led by Siebel Systems and Oracle alum Tom Siebel, C3.ai (AI) aims to apply predictive analytics to commercial industrial processes in the new software category of enterprise AI. Over the past decade, C3 has developed a suite of low...read more