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ChatGPT-maker OpenAI has now warned the prospective investors that its deep reliance on Microsoft could pose a risk to its business, according to a financial document viewed by CNBC. The filing which appears as an IPO prospectus, highlights that Microsoft offers “a substantial portion of our financing and compute,” making the company’s fortunes closely tied…
The United States is fighting Iran on the battlefield, and turning to its oil to keep the global economy afloat. As war in the Middle East chokes supplies through the Strait of Hormuz and sends prices soaring, the Donald Trump administration has begun easing restrictions on Iranian crude, allowing allies to buy the very resource…
The government has approved a limited-period Rs 20,000-crore credit guarantee scheme aimed at easing fund flow constraints faced by microfinance institutions (MFIs), according to a PTI report.The Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders, to non-banking finance company-MFIs and MFIs till…
The United States on Thursday approved $16.46 billion in military sales to the United Arab Emirates and Kuwait, as Gulf states contend with the fallout from the ongoing conflict with Iran.The move follows sustained missile and drone attacks by Iran in response to last month’s US-Israeli air strikes, which have caused casualties and damage across…
Could Donald Trump face a World Cup and Olympics ban? WADA rule sparks major US funding dispute controversy (Image via Getty) Donald Trump could soon find himself at the center of a surprising sports controversy. The World Anti-Doping Agency is set to discuss a rule that may stop top US government officials from attending major…
NEW DELHI: DCM Shriram said it will receive $90 million from International Finance Corporation, the World Bank Group’s private sector arm, through sustainability-linked non-convertible debentures. Proceeds will fund expansion of its chemicals business. Source link
JAMMU: An NIA court in Jammu rejected the bail application of an accused in a terror funding case on Friday, citing the seriousness of the charges related to national security and the stage of the trial.Tanvir Ahmed Wani is accused of conspiring with Pakistani traders and importing goods, including almond consignments, more than permissible limits…
BENGALURU: For every Rs 100 raised by founders from India’s startup networks, only about Rs 4 goes to women, according to a new report by Kalaari Capital’s CXXO initiative, which argues that the funding gap reflects a structural market inefficiency rather than a shortage of women entrepreneurs.The Rs 100 figure represents aggregate funding across a…
Deepinder Goyal (File photo) Zomato founder Deepinder Goyal on Friday announced that his new health tech venture, Temple, has secured $54 million in its first funding round from friends and family, and valued at approximately $190 million.“Temple has raised its first round. Friends and family. $54m. Post-money valuation of ~$190m,” said Goyal on X.Temple, which…
BENGALURU: Deeptech funding in India surged 37% year-on-year to $2.3 billion in 2025, outpacing broader venture capital growth and cementing artificial intelligence as the primary engine of the country’s startup ecosystem, according to Nasscom and Zinnov’s latest Indian Tech Start-up Report.Overall tech startup funding rose 23% to $9.1 billion during the year, even as investors…
