Monday, January 15, 2024

Upgrad in talks for $100 million to close US edtech Udacity buy

Upgrad founder Ronnie Screwvala, who owns 22.4% in Upgrad, likely to participate in $100 million round. The company has pitched to external investors for about $50-60 million. The rest would be from existing investors like Temasek.

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

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...