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Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a valuation of … Read more
OpenAI on Monday announced that it closed one of the largest private funding rounds in history. “Today we’re announcing new funding — $40B at a $300B post-money valuation, which enables us to push the frontiers of AI research even further, scale our compute infrastructure, and deliver increasingly powerful tools for the 500 million people who … Read more
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