Wednesday, May 18, 2022

Singapore-based Jungle Ventures raises $600 million in funding

The funding includes $450 million in the main Fund IV and $150 million in additional managed commitments, one of the largest pools of capital available in the region, a senior company executive told ET.

from Tech-Economic Times https://ift.tt/GsDUNLH
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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 ...