Friday, March 29, 2024

Tredence puts 10% revenues to develop GenAI capabilities: CEO Shub Bhowmick

Tredence, led by CEO Shub Bhowmick, invests in GenAI for various sectors, aiming for 40-50% revenue growth in 2024. The company emphasizes R&D to enhance AI capabilities and developer productivity.

from Tech-Economic Times https://ift.tt/HM5jDwd

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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-...