Thursday, July 24, 2025

AI startup Olto raises $5.1 million from Nexus Venture Partners, The General Partnership

Afore Capital, Recall Capital, Ligature, FirstHand, and senior executives from companies like Amazon participated in the round. The fresh funds will be used to build new AI agents and scale its operations. Olto, which currently serves clients in the US, UK, and Canada, plans to expand into India.

from Tech-Economic Times https://ift.tt/w5YVfoS

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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-...