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Tag Archives: funding

OpenAI’s $6.6 Billion Funding Boosts Future Tech Trajectory Avenues Despite Challenges

OpenAI has shattered records by securing a monumental $6.6 billion in funding, a move that could elevate its valuation to an eye-popping $157 billion. This latest round, fueled by a diverse group of investors, positions the AI powerhouse at the forefront of global tech innovation despite undergoing significant internal shifts. Investor Confidence Amidst Executive Changes The timing of this funding ...

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Twitter India rival Koo lays off 40 employees

koo

Twitter rival Koo has laid off at least 40 people in India to prune redundant staff as per its current business requirements, hinting at another failure in overcrowded social media platforms. Currently, WhatsApp and Twitter are the two laeding social platforms in India. The development was reported by news portal Inc42, which said that Koo CEO Aprameya Radhakrishna is currently ...

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Team Indus gears up for second chance at Lunar XPRIZE

TeamIndus rover

India’s first private sector space agency Team Indus is gearing up for the XPRIZE lunar launch giving final touches to its stalled latest mini rover meant for lunar landing. Since Team Indus failed to raise funds for ISRO-backed PSLV launch, it could not meet the deadline set by Google as of March 31, 2018. Eventually, Google withdrew the prize money ...

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