Figure's shares closed up 24% at $31.11 in its Nasdaq debut, giving it a ~$6.6B market cap, after the company and some of its backers raised $787.5M in its IPO (Bloomberg)
https://www.techmeme.com/feed.xmlHits: 13
Summary
— Fortunes are riding on one AI technique, even as cracks start to show. — Every investor knows not to put all your eggs in one basket.