OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports

OpenAI In Talks To Raise Funding At Over 0 Billion Valuation, WSJ Reports

OpenAI backer Microsoft is also expected to put in money. OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a new funding round that could see it valued at above $100 billion, the Wall Street Journal reported on Wednesday. The funding round is expected to be led … Read more

Oyo to use fresh funds for ‘enhanced business plan’ and global push

Oyo to use fresh funds for ‘enhanced business plan’ and global push

Hospitality chain Oyo has cited “enhanced business plan” and support for global expansion among objectives of its latest fundraising, regulatory documents show. On Thursday, ET reported that Oyo received shareholder approval for raising ₹416.85 crore through preference shares at an extraordinary general meeting (EGM) held on June 18. The shareholders also approved Oyo’s plan to … Read more