Saturday, July 1, 2023

Byju's lenders renew talks to restructure edtech company's debt load

The lenders have delivered a detailed amendment proposal to the company that calls for a debt pay down, coupon boost and better investor protections on the loan. The company told some lenders it will review the proposal and deliver its reply by early next week, the people said.

from Tech-Economic Times https://ift.tt/E3qU7Wr

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OpenAI expands GPT-6 lineup with cheaper Sol and Luna models

The launch of low-cost GPT-6 Sol and GPT-6 Luna follows the rollout of GPT-6 Astra, a faster model for handling more tasks than previous ite...