OpenAI Achieves Staggering $12 Billion Annual Revenue, Surpassing Expectations
OpenAI hits a $12 billion annual revenue milestone, driven by ChatGPT's popularity, with plans to exceed future revenue forecasts and secure significant funding.
funding News
MediBuddy Plans Strategic Acquisitions and Funding to Revolutionize Digital Healthcare in India
MediBuddy, a digital healthcare startup, is planning strategic acquisitions and seeking funding to expand its services in India, focusing on chronic disease management, mental heal...
Elon Musk's xAI Aims for $12 Billion Expansion: A Bold Move into the Future of Artificial Intelligence
Elon Musk's xAI is seeking an additional $12 billion for expansion, marking a significant step towards advancing artificial intelligence. This move could have profound implications...
Biryani Blues Secures $5 Million Investment to Fuel Nationwide Expansion and Innovation
Biryani Blues, a quick service restaurant chain, has raised $5 million in a pre-Series C funding round led by Yugadi Capital. The funds will support expansion, operational enhancem...
Meta Seeks Financial Backing from Tech Titans Amazon and Microsoft for Llama AI Project
Meta Platforms has approached Amazon and Microsoft for funding its AI project Llama, offering incentives like influence over feature development. The response was initially tepid, ...
India Launches Startup India Desk and Rs 10,000 Crore Fund to Empower Entrepreneurs Nationwide
India announces the Startup India Desk and a Rs 10,000 crore fund to support entrepreneurs, focusing on innovation, deep-tech startups, and infrastructure development to foster a t...
OpenAI on the Brink of Securing a Massive $40B from SoftBank, Valuation Could Skyrocket to $300B
OpenAI is set to secure $40 billion in funding led by SoftBank, potentially valuing the company at $300 billion. The deal's success depends on OpenAI's transition to a for-profit m...
Elon Musk Condemns Unprecedented Violence Against Tesla: A Deep Dive
Elon Musk addresses the shocking violence against Tesla, including cars being set on fire and threats against his family, expressing disbelief at the source and emphasizing Tesla's...
PhysicsWallah Sets Sights on a Massive $500 Million IPO, Filing Confidentially with Sebi
PhysicsWallah, a leading edtech unicorn, has confidentially filed for a $500 million IPO with Sebi, aiming to navigate the unpredictable market with flexibility. Amidst investor sc...
Darwinbox Secures $140M in Funding Led by Partners Group & KKR, Valuing Over $1 Billion
Darwinbox, a Hyderabad-based HRTech startup, has raised $140 million in a funding round co-led by Partners Group and KKR, valuing the company at over $1 billion. The investment aim...
OpenAI Eyes $40 Billion Funding Boost, Valuation Soars to $340 Billion
OpenAI is in talks for a new $40 billion funding round, potentially raising its valuation to $340 billion. SoftBank is expected to lead the investment, with funds partially allocat...
OpenAI Seeks $40 Billion in New Funding Round to Elevate Valuation to $340 Billion
OpenAI is in early talks for a new funding round aiming to boost its valuation by $40 billion to $340 billion, with SoftBank expected to lead the investment. Part of the funds will...
OpenAI Eyes $40 Billion Funding Boost, Valuation Could Hit $340 Billion
OpenAI is in talks to secure a $40 billion funding round, potentially increasing its valuation to $340 billion, with SoftBank leading the investment. Part of the funds will support...
Infra.Market Secures $121 Million in Pre-IPO Funding, Valuation Hits $2.8 Billion
Infra.Market, a B2B construction materials supplier, raises $121 million in pre-IPO funding, reaching a $2.8 billion valuation. Backed by major investors, it stands as a profitable...
Constelli, a Hyderabad-based Aerospace Startup, Raises $3 Million in Pre-Series A Funding
Hyderabad-based aerospace and defense startup Constelli has raised $3 million in pre-series A funding led by Pravega Ventures. The funds will be used for R&D and capital expenditur...
OpenAI Transitions to For-Profit Model Amidst Growing Financial Demands
OpenAI announces a significant shift from a non-profit to a for-profit model, driven by the need for increased funding to support its AI research and development initiatives. This ...
2024 Space-Tech Funding Dips, but Industry Sees Hope for Recovery
Indian space-tech startups see a funding decline in 2024, but industry stakeholders remain optimistic about a revival, citing growing interest from government and private players.
Arata Secures $4 Million in Funding Led by Unilever Ventures to Revolutionize Hair Care
Arata, a Mumbai-based hair care brand, raises $4 million in funding led by Unilever Ventures. The company plans to invest in innovation and distribution to build India's most loved...
Databricks Nears Record $9.5 Billion VC Raise, Eyes Additional $4.5 Billion in Debt
Databricks is nearing a record $9.5 billion venture capital raise, with plans to secure an additional $4.5 billion in debt. This move reflects strong investor interest in the fast-...
Liquid AI Secures $250M in Funding Led by AMD for Innovative AI Models
Liquid AI, a generative artificial intelligence startup, has secured $250 million in an early-stage funding round led by AMD. The company develops efficient AI models for enterpris...
Rebel Foods Secures $210 Million in Funding Led by Temasek
Rebel Foods, operator of cloud kitchen brands like Behrouz Biryani, raises $210 million led by Temasek, maintaining its $1.4 billion valuation. The funds will be used for expansion...
