Saturday, March 2, 2024

Myntra secures $54 million fund infusion from parent Flipkart

Myntra has been attempting to enhance its portfolio of international brands collections, with premium offerings showing fast growth. This as online fashion in the lower-price segments has lately witnessed a softness in demand.

from Tech-Economic Times https://ift.tt/U3VFqt1

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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 ...