SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
06 May, 2026, 10.32 PM IST
OpenAI to acquire product testing startup Statsig, appoints CTO of applicationsOpenAI is buying startup Statsig in an all-stock deal worth $1.1 billion. Statsig’s CEO, Vijaye Raji, will lead product engineering at Open...
03 Sep, 2025, 08.22 AM IST
Scale AI seeking valuation as high as $25 billion in potential tender offer: reportTop tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machi...
29 Mar, 2025, 08.26 PM IST
Canva’s bullish on India; Ola’s revenue fallsIndia may emerge as Canva’s largest market within three to five years, cofounder and chief product officer Cameron Adams told ET. This and ...
13 Feb, 2025, 07.44 PM IST
Holiday Bonus! Employees of this company are set to get multi-million dollar pay checks as much as $10 million just before ChristmasOpenAI's future is now expected to be becoming, which is clearly reflecting on their employee's recent paychecks, where it was reported tha...
19 Dec, 2024, 10.11 PM IST
OpenAI allows employees to sell shares worth $1.5 billion to SoftBankEmployees have until December 24 to decide whether to participate in the newly disclosed tender offer. The deal was reportedly driven by So...
27 Nov, 2024, 03.56 PM IST
OpenAI in fundraising talks that could value company at $150 billionThe new funding round would be led by investment firm Thrive Capital, which has previously invested in OpenAI. Tech giants Apple, Nvidia an...
12 Sep, 2024, 07.08 AM IST
Apple, Nvidia in talks to join OpenAI funding roundThe news comes a day after the Journal reported that venture-capital firm Thrive Capital would invest around $1 billion in OpenAI, leading ...
30 Aug, 2024, 07.03 AM IST
Apple to invest in ChatGPT maker OpenAI after Microsoft? What we know so farApple and ChatGPT maker OpenAI were in talks for a fundraising round.
30 Aug, 2024, 01.29 AM IST
OpenAI buys database analytics company Rockset in 9-figure stock dealMicrosoft-backed OpenAI acquired database analytics startup Rockset to enhance its enterprise products, the ChatGPT maker announced. The de...
23 Jun, 2024, 12.49 AM IST
OpenAI deal lets employees sell shares at $86 billion valuationThe tender offer values the artificial intelligence startup at $86 billion, a price that makes OpenAI one of the most valuable startups in ...
18 Feb, 2024, 12.19 AM IST
OpenAI completes deal that values company at $80 billionThe company would sell existing shares in a so-called tender offer led by venture firm Thrive Capital, the people said. The deal lets emplo...
17 Feb, 2024, 08.08 AM IST
OpenAI annualised revenue tops $1.6 billion: reportNews agency Bloomberg reported last week that OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 bi...
30 Dec, 2023, 11.09 PM IST
OpenAI in talks to raise new funding at $100 billion valuation: reportThe terms, valuation and timing of OpenAI's funding round have not yet been finalised and could still change, the report said.
23 Dec, 2023, 08.39 AM IST
OpenAI's $86 billion share sale in jeopardy after Altman firing: reportThe tender offer, which Thrive Capital is leading, has not yet closed but has been in its final stages and was expected to be completed as ...
19 Nov, 2023, 10.29 AM IST
OpenAI is in talks to sell shares at an $86 billion valuationThe artificial intelligence startup behind ChatGPT is negotiating the transaction, known as a tender offer, with potential investors, said ...
19 Oct, 2023, 06.47 AM IST
ChatGPT creator OpenAI in talks for tender offer valuing company at $29 billion: reportBillionaire and Tesla Inc CEO Elon Musk founded the research organization with investor Sam Altman.
06 Jan, 2023, 02.19 PM IST