valuing

OpenAI, the artificial intelligence research lab behind chatbot ChatGPT, is in talks to sell existing shares in a tender offer that would value the company at about $29 billion (roughly Rs.…

Eighteen months ago, I watched my son “graduate” from childcare on Zoom. His beaming face revealed not so much pride in an achievement he didn’t understand, but a deep thrill at the presence…

The national capital on Saturday witnessed a marginal decline in the number of daily Covid cases as 442 fresh infections…

© Reuters. FILE PHOTO: An employee works on a yacht at the Ferretti's shipyard in Sarnico, northern Italy, April 7, 2015. Picture taken on April 7, 2015. REUTERS/Stefano Rellandini By…

Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays. Founded in 2012 by Timo…

The Brazilian owner of Havaianas, the maker of flip flops, is taking a 49.9 percent stake in the shoe brand Rothy’s, valuing it at $1 billion in the industry’s latest bet on the promise of…

Mumbai: & Industries Corporation, a holding company of the Aditya Birla Group, is currently trading at over an 80 per cent discount to its intrinsic value compared to 50-60 per cent for…

Decentralised Finance (DeFi) is a system that allows financial products to appear on a public blockchain network which is not regulated by a central bank or intermediary. DeFi systems,…

Rivian, a maker of electric trucks and vans, is going public at a stock price that values the company at nearly $70 billion, a remarkable number that highlights the belief on Wall Street…

FTX has agreed a $421m funding round with backing from groups including BlackRock, Sequoia and the Ontario Teachers’ Pension Plan, marking the latest sign that blue-chip investors are…