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OpenAI Lays Groundwork for Juggernaut IPO at Up to $1 Trillion Valuation
ChatGPT maker OpenAI is laying the groundwork for what could be one of the biggest IPOs of all time. The company is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said.
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Would AGI Make Money Obsolete? OpenAI Issues Chilling Warning
The revelation comes in the backdrop of OpenAI CEO Sam Altman's recent statement, where he claimed that the world was in an AI bubble.
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Wayve Sets Up Self-Driving Testing And Development Centre In Japan
Wayve, which is backed by SoftBank Group, is also testing its technology in the United Kingdom, Germany, the United States and Canada.
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Ola Electric Counted Yet-to-Be Launched E-Motorbikes in Its February Sales
Ola told India’s Ministry of Road Transport and Highways in a March 21 letter that it added customer bookings for 10,866 third-generation e-scooters as well as 1,395 Roadster X motorcycles in its February sales record, citing them as “confirmed orders.” Roadster motorcycles have not been rolled out so far, while third-gen scooter deliveries b...
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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
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Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
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Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
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SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
![Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]](https://c.ndtvimg.com/2025-02/45d12tsg_news-of-the-week_160x120_02_February_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]")
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OpenAI Lays Groundwork for Juggernaut IPO at Up to $1 Trillion Valuation
ChatGPT maker OpenAI is laying the groundwork for what could be one of the biggest IPOs of all time. The company is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said.
-
Would AGI Make Money Obsolete? OpenAI Issues Chilling Warning
The revelation comes in the backdrop of OpenAI CEO Sam Altman's recent statement, where he claimed that the world was in an AI bubble.
-
Wayve Sets Up Self-Driving Testing And Development Centre In Japan
Wayve, which is backed by SoftBank Group, is also testing its technology in the United Kingdom, Germany, the United States and Canada.
-
Ola Electric Counted Yet-to-Be Launched E-Motorbikes in Its February Sales
Ola told India’s Ministry of Road Transport and Highways in a March 21 letter that it added customer bookings for 10,866 third-generation e-scooters as well as 1,395 Roadster X motorcycles in its February sales record, citing them as “confirmed orders.” Roadster motorcycles have not been rolled out so far, while third-gen scooter deliveries b...
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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
-
Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
-
Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
-
SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
