Sources say that the OpenAI tender offer is progressing as planned despite leadership conflicts.

OpenAI’s tender offer for employees to sell shares to outside investors is moving forward despite leadership changes and board shuffling. Thrive Capital, led by Josh Kushner, will value OpenAI at $86 billion, the same as previously reported in October. This round and valuation were put at risk when CEO Sam Altman was ousted temporarily earlier…

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Jul-Sep quarter witnesses a remarkable 60% year-on-year surge in PE/VC investments, amounting to $13.6 billion.

Private equity (PE) and venture capital (VC) investments in India experienced a significant 60% year-on-year growth in the July-September quarter, reaching a total of USD 13.6 billion. This data comes from the latest EY-IVCA monthly PE/VC roundup. The report reveals that the third quarter of 2023 witnessed investments worth USD 13.6 billion across 209 deals,…

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