OpenAI says it needs ‘more capital than we'd imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its ...
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Raising capital is painful. Here's why more banks will likely do it.
Several banks that boosted their capital bases this year saw their stock prices rise, a new analysis finds. The positive ...
Expect widespread capital raising across the local market in 2025
Activity across the technology, digital infrastructure, energy and real estate sectors is set to underpin robust local ...
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FCMB Group Shareholders Approve N340 Billion Capital Raise
FCMB Group Plc has secured shareholder approval for a 340 billion naira capital raise. The approval, granted during an ...
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Algorhythm announces pause on capital raising activities
Algorhythm (RIME) Holdings will pause new capital raising activities for the next six months. In light of the Company’s current cash position, combined with a comprehensive assessment of the ...
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
As Fortune reported in September, Altman told his staff at the time that OpenAI would next year become a more traditional for ...
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...