Oct 30 : AI startup OpenAI has slashed the target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a $1.25 trillion valuation, the Financial Times reported on Friday, citing people with knowledge of the matter. The company had said it was aiming to raise $30 billion at a $
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BEIJING: China's factory activity unexpectedly dropped in October, its third contraction in four months, a government survey showed on Saturday (Oct 31), hurt by soft demand for exports as well as goods at home. The official manufacturing purchasing managers' index (PMI) fell to 49.3 from 50.1 in September, ac
Oct 30 : Crypto exchanges are taking quick action to bolster their defenses and urging greater industry-wide information-sharing after a record $6.3 billion hack of Binance exposed their vulnerability just as they become more embedded in mainstream finance. Coinbase said it made adjustments to its systems that
Oct 30 : OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff in tech stocks driven by AI worries, the Financial Times reported on Friday, citing people with knowledge of the matter. The ChatGPT maker is now seeking about $20 billion and its desired valuation has dropped to
By Fred Iwenjora Industrialist and mogul of hospitality business, Onyendu Alex Sunday Nwoye is one of the most respected Igbo leaders in Lagos. Loved across board by all the groups and factions for what they consider his steadfastness, Nwoye took the title of Onyendu ndi igbo of Ejigbo Lagos more than twenty years. This was […] The post 20yrs ago, I was mocked for taking Onyendu title but today… appeared first on Vanguard News.
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