Tuesday, May 31, 2022

Sugar Cosmetics raises $50 million led by L Catterton

The beauty brand's current annualised revenue run rate is around Rs 500 crore and that is expected to reach Rs 2,000 crore over the next 24-36 months, the company said earlier.

from Tech-Economic Times https://ift.tt/CdH2tk0

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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 ...