fundraising

What if Microsoft let OpenAI go free?

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What if Microsoft let OpenAI go free?

Call it a modern-day version of a spectacular Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI , a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange, Microsoft has gained … Read more

IPOs in FY24: 75 issues launched; 5 stocks including IREDA, Netweb soared over 150% since listing

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IPOs in FY24: 75 issues launched; 5 stocks including IREDA, Netweb soared over 150% since listing

Throughout the year, some of the most anticipated IPOs, such as Tata Technologies, IREDA, JSW Infra, and Cello World, among others, made their debut in the primary markets. Most IPOs this year garnered substantial subscriptions and witnessed positive movements on their listing days. Moreover, equity fundraising through IPOs, as well, witnessed a notable 20 percent … Read more