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Microsoft-backed OpenAI secures $80 billion valuation

OpenAI secures deal valuing it at over $80bn, led by Thrive Capital. CEO Sam Altman looking to enhance AI capabilities through potential chip maker acquisition.

Thrive Capital leads $80 Billion tender offer for OpenAI. (Photo by Fabrice COFFRINI / AFP)(AFP)
Published on Feb 17, 2024 12:11 PM IST

'Emotional rollercoaster' for families awaiting Gaza swap deal to free hostages

Under the terms of the four-day truce agreement, 50 hostages from Israel will initially be exchanged for 150 Palestinian prisoners.

Israel-Hamas War: A woman chants slogans while holding signs identifying 17-year-old hostage Ofir Engel and another, both taken captive by Hamas. (AFP)
Published on Nov 23, 2023 10:49 PM IST

Elon Musk's Tesla may set up factory in India in 2024: Report

Elon Musk's electric car maker Tesla is reportedly just a few steps away from entering the Indian market as the firm might secure the deal in 2024.

Prime Minister Narendra Modi shakes hands with Tesla chief executive Elon Musk during a meeting in New York City,(via REUTERS)
Published on Nov 21, 2023 03:28 PM IST
ByVaishnawi Sinha

Joe Biden says he believes Hamas hostage release deal is near

About 240 hostages were taken during Hamas's deadly cross-border rampage into Israel on Oct. 7.

US President Joe Biden speaks.(AFP)
Updated on Nov 20, 2023 11:00 PM IST
Reuters |

Bobby Kotick is set to leave Activision Blizzard with $400 Million exit payout

Bobby Kotick to remain CEO of Activision Blizzard until end of 2023

File - Activision Blizzard CEO Bobby Kotick leaves the Phillip Burton Federal Building and U.S. Courthouse in San Francisco on June 28, 2023. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday. It marks the end of an era for Kotick, who's led the Southern California maker of Call of Duty since 1991. (AP Photo/Noah Berger, File)(AP)
Published on Oct 16, 2023 01:11 PM IST
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