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OpenAI in Talks for Massive Funding Round at $100 Billion Valuation
- OpenAI reportedly discussing new funding round led by Thrive Capital
- Potential valuation exceeds $100 billion, up from previous $86 billion
- Thrive Capital expected to contribute $1 billion, Microsoft likely to participate
- OpenAI'...
Massive $100bn investment deal between India and EFTA
Govt has signed an FTA with Switzerland, Norway, Iceland and Liechtenstein (EFTA bloc) where they will invest $100 billion in India to get access to free-trade benefits in India. It is expected to generate around 1 million more jobs in I...
General Catalyst's Venture Highway Acquisition: A Strategic Play for India 🇮🇳
In a landmark deal, Silicon Valley powerhouse General Catalyst has acquired Venture Highway, a seed-stage investment firm with a track record of backing winners like Meesho and Mobile Premier League.
The Deal:
- Rare instance of cons...
CCI Approves Reliance-Disney Merger in $8.5 Billion Deal
- CCI greenlights Reliance-Disney merger valued at Rs 70,350 crore, subject to voluntary modifications
- RIL to hold 16.34%, Viacom18 46.82%, and Disney 36.84% in the new entity
- Joint venture to create media powerhouse with 120 TV chan...