Thursday, November 20, 2025

Video generation platform Luma AI raises $900 million, valued at $4 billion

The firm’s Indian-American CEO Amit Jain, an IITian who was formerly with Apple, told ET that the domain the company operated in is capital-intensive and requires sizable investments to scale. Sources close to the company pegged its valuation at around $4 billion.

from Tech-Economic Times https://ift.tt/0Sy8oCF

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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-...