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OPENAI FINANCIAL TIES
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...- How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
- SoftBank hires banks for US IPOs of SB Energy and AI robotics spinoff Roze, sources say2026 is shaping up as a major year for IPOs, with a wave of mega AI listings including SpaceX, Anthropic and OpenAI expected to test invest...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Bill Gates Foundation fully exits Microsoft, sells final $3.2 billion stakeAfter over 25 years, the Bill & Melinda Gates Foundation has divested its final 7.7 million Microsoft shares, valued at $3.2 billion. This ...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Hidden OpenAI secrets and billion-dollar AI stakes: Is Sam Altman’s Musk courtroom battle Big Tech’s biggest warning yet as the CEO takes the witness stand today?OpenAI CEO Sam Altman is expected to take the witness stand today, Tuesday, May 12, in the high-profile legal battle between Elon Musk and ...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- OpenAI cofounder Greg Brockman discloses nearly $30 billion stake, financial ties to Sam AltmanCourt revelations show OpenAI President Greg Brockman holds a stake in the company worth almost $30 billion. He also has financial ties to ...
- Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...
- US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
- Accenture to roll out Copilot to all 743,000 employees in boost for MicrosoftMicrosoft's Copilot 365 AI assistant is now available to all Accenture employees. This is the largest enterprise deal for the chatbot. Acce...
- Elon Musk vs OpenAI: Inside the battle over broken promisesA high-stakes legal battle begins today as Elon Musk sues Sam Altman's OpenAI, alleging the AI giant abandoned its non-profit mission for p...
- OpenAI breaks off Microsoft exclusivity, Amazon CEO says OpenAI models coming to AWS soonMicrosoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competi...
- Microsoft shares slip after OpenAI breaks off exclusivity dealMicrosoft's stock dipped following a new deal with OpenAI. The partnership ends Microsoft's exclusive access to OpenAI's technology. Micros...
- Courtroom clash starts today: Elon Musk takes on Sam Altman — what’s at stake in the OpenAI lawsuitElon Musk vs Sam Altman court case: what’s at stake in the OpenAI lawsuit - The Musk vs Altman trial over OpenAI nonprofit conversion begin...
- Musk vs Altman: Silicon Valley's biggest trial opens — here are the key witnessesA high-stakes federal trial begins Monday with Elon Musk suing OpenAI's Sam Altman and Greg Brockman for over $130 billion, alleging betray...
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