Motive Technologies Files for IPO, Joining AI Surge

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

Podcast artwork

Categories:

Motive Technologies, an AI-powered fleet management company, has filed for an IPO next year, aiming to list on the NYSE. The company reported a 22% revenue increase in Q3, with its tech preventing accidents, saving lives, and reducing costs. The IPO could be a significant player in the predicted blockbuster year for IPOs, with big names like SpaceX and OpenAI potentially joining the rush.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.