Thursday, February 6, 2025

OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources say

OpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete with China’s DeepSeek, as the UAE invests heavily in AI infrastructure.

from Tech-Economic Times https://ift.tt/poJR2dl

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New-age firms' listing gains fade fast; IT deal renewal in focus

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s ...