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OpenAI finalises $40 billion funding from SoftBank, valuation hits $300 billion
SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate.
Published on Apr 01, 2025 10:49 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
ChatGPT's new tool can do work at level of a ‘research analyst’
OpenAI claims the new tool “accomplishes in tens of minutes what would take a human many hours.”
Published on Feb 03, 2025 02:14 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Lenskart plans $1 billion IPO, hiring Kotak Mahindra and Morgan Stanley: Report
Lenskart may seek a valuation of $8 billion and other banks may also join to work on the IPO, but considerations are ongoing with no final decision made so far.
Updated on Jan 29, 2025 09:04 AM IST
OpenAI allows its employees to sell $1.5 billion stock to SoftBank: Report
SoftBank's billionaire CEO Masayoshi Son has been persistently seeking a larger stake in OpenAI after investing in the last funding round
Published on Nov 27, 2024 01:26 PM IST
Reuters |
SoftBank founder Masayoshi Son may meet PM Narendra Modi today: Report
SoftBank is eyeing more bets in AI in India and also after having reaped huge gains with the public listings of the companies it backs like that of Swiggy
Published on Nov 27, 2024 01:22 PM IST