Tech

JPMorgan Chase and Citi are reportedly serving as lead underwriters, and the company is seeking a valuation between $4 billion and $5 billion, Fortune reported.

Hims & Hers is adding Zepbound, Mounjaro, and the generic injection liraglutide to its platform.

CoreWeave shares rallied nearly 42% on Tuesday and bounced back from a lackluster second trading day on the public markets.

Meta Vice President of AI Research Joelle Pineau will leave the social media company on May 30.

As TikTok nears another ban deadline, creators and firms say they believe the Chinese-owned app will remain in the U.S. They are, however, hedging their bets. 

Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.

Amazon has resumed making drone deliveries in Texas and Arizona after it halted the program earlier this year.

LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.

After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street's top banks only got a 2.8% fee.

The government decision helps clear the path for an initial public offering from one of Nvidia's challengers in artificial intelligence chips.