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"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
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Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
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OpenAI Sees $11.6 Billion Revenue Next Year, Said to Offer Thrive Chance to Invest Again in 2025
OpenAI is said to predict that its revenue will skyrocket to $11.6 billion in 2025, up from an estimated $3.7 billion this year. The AI firm is also said to offer Thrive Capital the opportunity to invest another $1 billion next year at the same valuation if OpenAI hits a revenue goal.
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OpenAI Fundraising Set to Boost Startup’s Valuation to $150 Billion
OpenAI is in talks to raise $6.5 billion (roughly Rs. 54,587 crore) from investors at a valuation of $150 billion (roughly Rs. 12,59,714 crore). The funding round is slated to be led by Thrive Capital, Bloomberg previously reported.
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OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
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CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
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Nvidia Discusses Joining OpenAI's Latest Funding Round
Apple Inc. and Microsoft Corp. also have been in talks about participating in the financing that is led by Thrive Capital, which is investing about $1 billion
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OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
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Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
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Microsoft Says Delta Airlines' Lack of Modernised IT Delayed its Recovery After Recent Outage
Microsoft has said that Delta, unlike its competitors, apparently had not modernised its IT infrastructure that caused the airlines to struggle with recovery. Delta, however, said it has invested billions of dollars in IT capital expenditures since 2016.
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India Receives Highest FDI From Singapore In 2023-24: Government Data
India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.
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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
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Participatory-Note Investments Surge To Near 6-Year High At Rs 1.5 Lakh Crore
Investments through participatory notes in the Indian capital markets reached Rs 1.5 lakh crore at the end of February, making it the highest level in nearly six years, driven by a strong performance of the domestic economy.
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Crypto Startups Turbocharge Valuations as Investment Picks Up
Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.
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Saudi Crown Prince's $100 Billion Foreign Investment Quest Falters
Saudi Arabia has long recognized its funding requirements would mostly be backed by local capital and only partly by foreign money. Still, it wants to hit $100 billion of foreign direct investment annually by 2030.
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"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
-
Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
-
OpenAI Sees $11.6 Billion Revenue Next Year, Said to Offer Thrive Chance to Invest Again in 2025
OpenAI is said to predict that its revenue will skyrocket to $11.6 billion in 2025, up from an estimated $3.7 billion this year. The AI firm is also said to offer Thrive Capital the opportunity to invest another $1 billion next year at the same valuation if OpenAI hits a revenue goal.
-
OpenAI Fundraising Set to Boost Startup’s Valuation to $150 Billion
OpenAI is in talks to raise $6.5 billion (roughly Rs. 54,587 crore) from investors at a valuation of $150 billion (roughly Rs. 12,59,714 crore). The funding round is slated to be led by Thrive Capital, Bloomberg previously reported.
-
OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
-
CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
-
Nvidia Discusses Joining OpenAI's Latest Funding Round
Apple Inc. and Microsoft Corp. also have been in talks about participating in the financing that is led by Thrive Capital, which is investing about $1 billion
-
OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
-
Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
-
Microsoft Says Delta Airlines' Lack of Modernised IT Delayed its Recovery After Recent Outage
Microsoft has said that Delta, unlike its competitors, apparently had not modernised its IT infrastructure that caused the airlines to struggle with recovery. Delta, however, said it has invested billions of dollars in IT capital expenditures since 2016.
-
India Receives Highest FDI From Singapore In 2023-24: Government Data
India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.
-
Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
-
Participatory-Note Investments Surge To Near 6-Year High At Rs 1.5 Lakh Crore
Investments through participatory notes in the Indian capital markets reached Rs 1.5 lakh crore at the end of February, making it the highest level in nearly six years, driven by a strong performance of the domestic economy.
-
Crypto Startups Turbocharge Valuations as Investment Picks Up
Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.
-
Saudi Crown Prince's $100 Billion Foreign Investment Quest Falters
Saudi Arabia has long recognized its funding requirements would mostly be backed by local capital and only partly by foreign money. Still, it wants to hit $100 billion of foreign direct investment annually by 2030.
