Page 48 - Databricks Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Process automation startup UiPath files for IPO expected in the first half of 2021 SHARE Fast-growing robotic process automation startup UiPath Inc. is setting its sights on Wall Street after filing confidential paperwork for an initial public offering that will likely come in the first half of 2021. UiPath hasn’t yet determined a price for the offering, but Bloomberg, which first reported the news today, speculated it could put the company’s value at more than $20 billion. The report added that the company is working with banks that include JPMorgan Chase & Co....

SHARE Arm Ltd., whose chip designs can be found in everything from smartphones to data centers, will move most of the electronic design automation applications used by its engineers to Amazon Web Services Inc.’s cloud platform. The project was detailed by AWS this morning.  Modern processors contain billions of transistors organized into logic gates, which are in turn organized into more complex components such as caches and artificial intelligence accelerators. It’s impossible for chip engineers to work out every single detail by hand. As a result, they automate parts of the workflow us...