Monday, July 29, 2024

Fidelity, Nomura line up bids for Ola Electric's IPO

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker. The company is the biggest player in the e-scooter market in a country where adoption of clean vehicles is still low but rising rapidly.

from Tech-Economic Times https://ift.tt/xd0h61l

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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 ...