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Oaktree Capital Management -backed digital infrastructure services firm ITG Inc priced its initial public offering below its targeted range at $16 per share on Tuesday, raising about $312.2 million in gross proceeds. IPO Prices Below Initial Range The offering was priced below the company’s previously marketed range of
SpaceX (NASDAQ: SPCX ) and Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk said Tuesday that short-term economic setbacks are inevitable but argued that artificial intelligence and robotics will drive a powerful long-term economic growth. Musk Pushes Back On AI Crash Thesis Musk was responding to technology commentator Robert