Wednesday, April 28, 2021

Zomato files for $1.11 billion IPO as food delivery surges in pandemic

Zomato reported Rs 1,367.65 crore in revenue for the period April 1 to Dec 31, 2020, while its losses in the same period added up to Rs 684.15 crore.

from Tech-Economic Times https://ift.tt/3xxtFp6

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...