Tag Archives: Fundraising

Following a period of turbulence marked by the Hindenburg Research controversy, the Adani Group, led by billionaire Gautam Adani, is poised to embark on ambitious ventures in the realm of airport expansion and green energy initiatives across India. Recovering from the setbacks of the Hindenburg saga, the conglomerate is now eyeing a substantial capital infusion of $2.6 billion from prominent sovereign funds in the Middle East, as reported by Business Standard.

OpenAI CEO Sam Altman is reportedly in talks to raise billions of dollars to establish a network of Artificial Intelligence (AI) chip factories for semiconductor manufacturing, according to Bloomberg. Altman has engaged in discussions with potential investors, including Abu Dhabi-based G42 and Japan's SoftBank Group. However, the talks are still in the early stages, and a comprehensive list of partners and funders for the venture is yet to be finalized.