April 17 (Reuters) - Walmart ( WMT )-backed digital

marketing company Ibotta will likely raise $577.3 million at a

valuation of $2.67 billion, after pricing its initial public

offering on Wednesday.

It plans to sell 6.6 million shares of its class A common

stock at $88 apiece, exceeding its earlier price range of

$76-$84 apiece, Ibotta added.

Increased buzz around artificial intelligence and hopes of a

rebound in the U.S. IPO market from a two-year slump, buoyed by

a possible soft landing for the economy have encouraged more

tech companies to test the IPO waters.

Ibotta, founded in 2011, provides a platform for brands to

deliver promotions to customers and offer cash back rewards on

their everyday purchases.

Goldman Sachs ( GS ), Citigroup Global Markets, and BofA Securities

are the lead underwriters for the IPO.

Ibotta will list on the New York Stock Exchange under ticker

symbol "IBTA", with shares expected to start trading on

Thursday.