Wednesday, October 27, 2021

With just six months of cash in bank, IPO was a desperate contingency plan: Zomato CEO

Zomato to stay focussed on food, will only invest in businesses that can add more than $10 billion to its market cap going forward, says CEO Deepinder Goyal

from Tech-Economic Times https://ift.tt/3jG6Ni2

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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 ...