Andretti’s AI SPAC Deal Brings Little Cash as Shares Tumble 54%

📆 4/1/2024 5:34 PM
📰 BNNBloomberg

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 50%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Artificial intelligence startup Zapata Computing Holdings Inc. plunged as much as 54% in its debut after a merger with former IndyCar driver Michael Andretti’s blank-check firm brought the company public, despite the vast majority of public investors bailing on the deal.

Andretti’s AI SPAC Deal Brings Little Cash as Shares Tumble 54%Young Voters Are More Concerned With the Economy.

Treasuries fall after factory data as Fed in focusNextSource Plans Graphite Plant in Mauritius for Battery SupplyCanada likely to avoid recession, begin recovering in second half of 2024: DeloitteLabour force participation higher among immigrants: economist'Great start': here's what economists think of Canada's latest economic dataCanada economy on track to beat first-quarter forecastsAlberta premier says she's hearing Edmonton is in rocky financial patch, offers helpOntario...

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Technology Technology Latest News, Technology Technology Headlines