OpenAI $110 Billion Funding: Amazon, Nvidia & SoftBank Back AI Giant at $730B Valuation

OpenAI to Nearly Triple Workforce by 2026

OpenAI has entered a historic phase in the artificial intelligence race with a massive $110 billion fundraising round, pushing its valuation to $730 billion and intensifying global AI competition. At an astounding $730 billion valuation, OpenAI has closed a record-breaking $110 billion fundraising round, highlighting the fierce competition to develop and scale cutting-edge artificial intelligence. … Read more

Ares Acquires London Office Leased by Netflix for £160 Million

Ares Acquires London Office Leased by Netflix for £160 Million

Ares Management Corp.’s acquisition of a London building that is now occupied by Netflix demonstrates the alternative investment firm’s ongoing faith in the office market in the UK capital. The Copyright Building, at 30 Berners Street in Fitzrovia, London, was bought by the Los Angeles-based firm for about £160 million ($216 million), according to Bloomberg. … Read more

Redington Shares Jump 15% on Apple ‘Big Week’ Buzz

Top 10 Stocks to Buy This Week with Up to 80% Upside

As investor anticipation increased following Apple CEO Tim Cook’s hint at a “big week” of new launches beginning next Monday, Redington Ltd. shares jumped about 15% in late afternoon trading and reached intraday gains of nearly 17% on Friday. Among the top gainers on the BSE Smallcap index, Redington Ltd.’s stock was trading at Rs … Read more

Bharat Biotech Mulls $500 Million IPO

Flipkart Begins Early IPO Talks with Investment Banks

According to persons familiar with the situation, Indian vaccine maker Bharat Biotech International Ltd. is contemplating an IPO that might garner over $500 million. The individuals, who asked not to be named in order to discuss a private subject, added that discussions are still going on and that the deal’s specifics, such as its amount … Read more