Month: September 2023

Why Instacart and Klaviyo are set to test unicorn IPOs for tech this week

Public and private markets put valuations through intense valuation adjustments over the past two years, leading the volume of IPOs for unicorn companies valued at $1 billion or more to fall off a cliff. Tech company unicorns took an extended hiatus from IPO’ing altogether. This week, that dry spell is likely to change, with both … Read moreWhy Instacart and Klaviyo are set to test unicorn IPOs for tech this week

How much water AI is going to drink

water consumption by AI computing

It’s no big secret that generative AI is resource-intensive. In fact, making a query with AI can cost “at least four or five times more computing per search” compared to traditional searches, according to Martin Bouchard, co-founder of Canada-based data center company QScale, who shared the calculation in a February article at Wired. That extra … Read moreHow much water AI is going to drink