OpenAI Shakes Up as the CTO and Research Execs Leave Amid Restructuring Talks
Mira Murati, OpenAI's Chief Technology Officer, announced her departure on Wednesday, marking the end of her six-and-a-half-year tenure.
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BYJU’s Insolvency: Supreme Court Hears Appeal by Glas Trust Company LLC
Glas Trust, a U.S.-based creditor of Bengaluru-based edtech company, on Tuesday, told the Supreme Court that it had been falsely removed from the Committee of Creditors.
BigMuscles Nutrition Ropes in Bollywood Star Nora Fatehi as the Brand Ambassador
Faridabad, Haryana-based fitness and wellness brand BigMuscles Nutrition has recently named Bollywood star Nora Fatehi as the brand ambassador.
[Shots] Dyson India Announces Badshah as the Brand Ambassador for Dyson OnTrac Headphones
Dyson, last week announced Badshah, renowned Indian rapper and singer as the brand ambassador for Dyson OnTrac headphones in India.
Fei Fei Li ‘AI Godmother’ raises $230 Mn to Accelerate her AI Startup ‘World Labs’
Often regarded as the 'AI Godmother' Chinese-American computer scientist, Fei Fei Li last week raised $230 million for her AI startup World Labs.
[Shots] DailyObjects raises $10 Mn fresh funds
Gurugram, Haryana-based global D2C platform DailyObjects, on Monday, raised INR 86 (around $10 million) crores in a fresh funding round from 360 One Ventures.
PUMA Partners with Payrails to Localize Shopping Experience in MENA and Offer More Payment Options to Worldwide Customers
Berlin-based payment gateway Payrails, today announced its partnership with PUMA to localize its online shopping experience MENA.
Egypt’s Paymob Scores $22 Mn Series B Extension Round led by EBRD Venture Capital
Cairo-Egypt-based Paymob, one of MENA’s leading financial services providers, on Wednesday 11 September, raised a massive $22 million Series B extension round.
Munich-based Reverion Raises $62 Mn Series A Round Led by Energy Impact Partners
Munich, Germany-based Reverion, that builds reversible, carbon-negative power plants, has raised $62 million in a Series A funding round led by Energy Impact Partners.
U.S. Company Terminates Indian-Origin Lawyer Over Relationship with CEO
Nabanita Nag, an Indian-origin lawyer and Chief Legal Officer at Norfolk Southern Corporation in Atlanta, and CEO Alan Shaw were terminated over alleged relationship.
BYJU’s U.S. Bankruptcy Ruling Sparks Surprise in India
U.S. court in Delaware, on Tuesday, ordered involuntary Chapter 11 bankruptcy proceedings against BYJU's units: Neuron Fuel Inc., Epic! Creations Inc., and Tangible Play Inc.
Google Fails to Overturn €2.42 Bn EU Fine in Shopping Antitrust Dispute
Google's appeal against the European Commission's 2017 antitrust ruling has been rejected. €2.42 billion penalty imposed by the Commission was confirmed.