Saturday, December 16, 2023

Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 times

Roll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total income grew 150% to Rs 505.1 crore, data from market intelligence firm PrivateCircle showed.

from Tech-Economic Times https://ift.tt/six4Y0V

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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 ...