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OpenAI in deal valuing it at $80 billion: media
OpenAI has concluded a deal with investors that reportedly values the California start-up at $80 billion or more, after a roller-coaster year for the inventor of ChatGPT.
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Last call for startups to join AWS Global Fintech Accelerator
It's the last chance for fintech startups to join the AWS Global Fintech Accelerator, a non-equity, online program, launched by Amazon Web Services in collaboration with NVIDIA, a tech giant igniting the era of modern AI, and Vestbee, one of Europe's leading platforms for startups, venture capital firms, accelerators and corporations.
1,560 jobs at risk as Getir grocery app to quit Spain: Union
Home delivery grocery app Getir has said it will implement a widespread redundancy plan that unions say will involve cutting 1,560 jobs as it withdraws from the Spanish market.
The move came just 10 days after the Turkish grocery delivery firm said it was pulling out of the French market, citing complex legal regulations.
AWS FinTech Accelerator will fuel the best FinTech startups
Amazon Web Services has launched AWS FinTech Accelerator, an equity-free program that aims to identify, engage, and support the growth of high-potential FinTech startups.
Turkish on-demand delivery pioneer Getir's valuation hits $7.5 bln
Turkish on-demand delivery pioneer Getir's valuation rose to over $7.5 billion, thanks to the investment of $550 million it received.
Getir will utilize the latest capital injection to fuel its expansion into the U.S., the Istanbul-based platform said in a statement on June 4.
Delivery start-up Getir becomes Turkey's 2nd unicorn
Turkish start-up Getir offering ultrafast deliveries has become the country's second unicorn fetching a valuation of $2.6 billion, its founder said on March 26.
The company secured a $300 million new investment for international expansion, Nazim Salur said at a virtual news conference.
ActionIQ, the Greek-owned startup that decodes client preferences
These days when companies want to understand consumers' preferences and needs, they acquire powerful tools developed by startups to upgrade their marketing strategies and increase their revenues. One such startup is New York-based ActionIQ, founded by Tasso Argyros.
Romania's M & A market up 15 percent in Q3, Y-o-Y (Deloitte)
Romania's mergers and acquisitions market, including deals without a publicly revealed value, ranged between 1.4 and 1.6 billion euro in Q3, by 15 percent higher than in the similar period of the previous year, according to an analysis carried out by consultancy company Deloitte.
Tech titan accused of using an ex-striper as a sex slave
A Silicon Valley tech titan has been sued for $40 million by a woman who claims he used her as a sex slave for 13 years.
Michael Goguen, who had worked for a firm that funded Google and Paypal, had been “sexually and physically” abusing Amber Laurel Baptiste over more than 13 years after meeting her at a strip club in Texas, her lawsuit alleges.