Monday, May 30, 2022

Swiggy eyes Metro AG’s India ops; startups shift gear as large deals dry up

The German wholesaler, which operates 31 stores in India, has approached more than 10 companies to buy its local unit for around $1.5 billion, we reported previously.

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

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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 ...