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Home»Posts tagged with»rivalry

ChatGPT’s Paid-subscribers surge to 2 crore, company valuation reaches $300 billion

By Srinivas Chakravarty on April 3, 2025   TECHNOLOGY  

ChatGPT’s Paid-subscribers surge to 2 crore, company valuation reaches $300 billion

OpenAI’s ChatGPT has seen a sharp rise in its paid subscriber base, climbing to over 20 million from 15.5 million in the past quarter, according to a report by The Information. The 30% increase in users has propelled an estimated monthly revenue boost from $333 million to $415 million. The surge comes on the heels […]

Battle for Fuji Soft Intensifies, Bain Capital Makes Bold $4B Offer to Outbid Rival KKR

By Srinivas Chakravarty on October 12, 2024   TECHNOLOGY  

Battle for Fuji Soft Intensifies, Bain Capital Makes Bold $4B Offer to Outbid Rival KKR

Bain Capital has outbid rival KKR with a $4 billion offer to acquire Fuji Soft, a prominent Japanese software developer, setting the stage for a rare high-stakes showdown between two private equity giants. Bain’s bid, which values Fuji Soft at 9,450 yen per share, surpasses KKR’s offer by approximately 7%, igniting a fierce contest for […]

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