SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI

SoftBank is in talks to invest up to $25 billion (roughly Rs. 2,16,450 crore) in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector. SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may … Read more

Body Shop owner Aurea Group PE says plans to invest $3-5 billion in beauty brands

Body Shop owner Aurea Group PE says plans to invest $3-5 billion in beauty brands

2025-01-27 19:41:00 : “India is at the forefront of our global growth strategy. We hope that in the coming years, India will be among our top three markets,” Jataniya, a Gujarati businessman of Indian origin, told us. Mint The company is launching a new product line in India and plans to export it to other … Read more

Meta Plans To Invest $60 Billion Or More In AI This Year

San Francisco: Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology. “This will be a defining year for AI,” Zuckerberg said in a post on his Facebook page. Zuckerberg expects Meta AI to be the … Read more