investment Archives

Unverified Statement: Elon Musk tells Employees X ‘We are not close to profitability’ while Banks prepare to sell Discounted Released Debts

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4 weeks ago
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According to sources related, banks have begun discussions with investors to sell debts stemming from Elon Musk’s acquisition of Twitter, aiming to alleviate the financial burden on the banks. In...

Databricks Announces Closure of Series J Funding Round, Securing Total of $1.5 Billion

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1 month ago
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Databricks, a company developing a platform for data management and artificial intelligence, has announced the closure of Series J funding round following a previously disclosed plan. The company secured a...

Tenstorrent Secures Fresh Investment Round for AI Chips from Jim Keller, Backed by Jeff Bezos

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3 months ago
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Renowned chip designer Jim Keller, who has previously worked with Apple, AMD, Tesla, and Intel, announced his move to startup company Tenstorrent in 2021 and has since taken a hiatus....

SoftBank invests an additional $1.5 billion in OpenAI through employee stock purchase

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3 months ago
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CNBC reported on the purchase of OpenAI shares by SoftBank totaling approximately $1.5 billion. This acquisition was made through an offer to OpenAI employees to convert their allocated company shares...

Odoo Secures Fresh Funding Round, Business Valuation Soars to 5 Billion Euros

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3 months ago
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Odoo, the open-source ERP software company, has announced a investment of 500 million euros from leading investors such as CapitalG, Sequoia Capital, BlackRock, Mubadala Investment Company, HarbourVest Partners, AVP, and...

Agreement Secured: Apple Acquires 20% Stake in Globalstar, a Leading Mobile Satellite Telecommunications Provider.

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4 months ago
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Globalstar, a provider of mobile satellite phone services, has disclosed a deal with Apple. Apple will prepay funds as an investment to expand infrastructure to support services, with a maximum...

Negotiations underway between Mira Murati, former CTIO at OpenAI, and investors to launch cutting-edge AI startup.

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4 months ago
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Reuters reported that sources close to the matter revealed that Mira Murati, former CEO of OpenAI, is currently in negotiations with investors to secure funding for a new artificial intelligence...

Negotiating a Novel Equity Framework: OpenAI and Microsoft Forge Ahead as OpenAI Shifts Focus Towards Increased For-Profit Ventures, Presenting a Formidable Challenge

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4 months ago
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Due to reports of escalating conflicts between OpenAI and Microsoft, a key investor, The Wall Street Journal has unearthed negotiations on stock allocations and new incentives following OpenAI’s successful organizational...

Rumors Swirl as Intel Prepares to Secure Investors for Purchase of Stake in Altera

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4 months ago
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Intel is considering selling a portion of Altera’s shares, the FPGA chip manufacturing company owned by Intel, according to sources related to CNBC. Intel is not looking to sell all...

Enhancing Asset Portfolio: K PLUS Introduces Comprehensive Wealth Management Features with KASIKORNBANK, Allocating Budgets, Investing in Funds and Gold.

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4 months ago
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KASIKORN BANK has updated features for the K PLUS app, focusing on financial management and investment. “My Asset” displays all assets and credits with KASIKORN BANK, including deposits, mutual funds,...