TNB Tech Minute: Smart-Ring Maker Oura Delays IPO

0:00Anthony Bansie: Weren't agents supposed to take things off your plate? Building another to handle the others is a bit much. Don't make more work out of work. Gemini is one agent that knows all parts of your business and actually gets stuff done. You give it a project, close your laptop, and when you come back, the job's finished. No matter your industry or role, your agent has the skills to help every team stay in their flow. Seriously. Make work less work with Gemini on Google Cloud. Check response. Subscription required. Here's your morning TNB Tech Minute for Tuesday, September 29th. I'm Anthony Bancy for The Wall Street Journal.

0:38Smart ring maker Aura has postponed its previously announced initial public offering due to market uncertainty. The company was aiming to list on the Nasdaq as soon as this month and was expecting a valuation well above$11 billion. Or as delayed IPO makes it one of the highest profile firms to delay its offering, as investors grapple with volatile oil prices caused by disruptions to flows through the Strait of Hormuz and the resulting inflationary pressures. The IPO market has been booming until recently, with companies raising$127 billion so far this year, up 400 % from 2025. Etsy is using AI to build detailed shopper profiles on its roughly 90 million customers to get to know its shoppers better.

1:22By closely tracking shopping history and preferences, as well as clues about whether customers are buying for themselves or purchasing a gift, Etsy aims for a more custom shopping experience. Etsy has seen some results. Its gross merchandise sales rose to more than$2.5 billion in its latest quarter, up 7.5 % compared with last year. And if you've been waiting to check out Tesla's new Roadster sports car, you'll have to wait a little longer. The launch was scheduled for this Thursday, but it's been pushed back to October 15th. That's according to an email sent to people invited to the event. The company, which didn't respond to a request for comment, cited the weather forecast.

2:03Tesla first revealed plans to reboot the Roadster, its original vehicle, in November 2017 and began taking deposits up to$250 ,000 from potential customers. The car has been delayed multiple times from its initial 2020 production schedule. That's your TNB Tech Minute. Join us again this afternoon for more. AI adoption is growing worldwide. AI is redefining what's possible. The future is AI. We've all heard it, and somehow your AI still isn't delivering. No context for how your business actually runs. Broken integrations, stalled pilots, enough. Enterprises deserve AI that works. Not someday, not theoretically, today.

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