Tokyo, Nov 27, 2024 (AFP) - SoftBank moves to boost stake in OpenAI by $1.5 bn

NAMPA / AFP

2024-11-27

ChatGPT creator OpenAI will allow its employees to sell shares worth roughly $1.5 billion to Japanese tech investor SoftBank, CNBC reported on Wednesday. The purchases in a tender offer will allow SoftBank to increase its stake in OpenAI and permit current and former OpenAI employees to cash out their shares, two anonymous sources told the US media outlet. A person familiar with the matter told AFP that the report was correct. Employees have unti......

Restricted content

Business & Finance News

Moscow, Nov 27, 2024 (AFP) - Russian legislators give final backing to army spending surge

2024-11-27 12:00:38

London, Nov 27, 2024 (AFP) - EasyJet annual profit rises 40% on package holidays

2024-11-27 12:00:37

Strasbourg, France, Nov 27, 2024 (AFP) - New EU commission to get all clear with big push on defence and economy

2024-11-27 11:30:54

Thessaloniki, Greece, Nov 27, 2024 (AFP) - Greeks finally get Thessaloniki metro after two-decade wait

2024-11-27 11:30:54

Frankfurt, Germany, Nov 27, 2024 (AFP) - German consumer confidence set to worsen at year-end

2024-11-27 11:30:54

Beijing, Nov 27, 2024 (AFP) - Volkswagen says to sell operations in China's Xinjiang

2024-11-27 11:30:53

Strasbourg, France, Nov 27, 2024 (AFP) - Europe must do more to rival Russia defence spending: EU chief

2024-11-27 11:01:12

Astana, Kazakhstan, Nov 27, 2024 (AFP) - Putin hails Kazakhstan alliance ahead of visit

2024-11-27 11:01:11

Beijing, Nov 27, 2024 (AFP) - Volkswagen says to sell operations in China's Xinjiang

2024-11-27 11:01:11

Beijing, Nov 27, 2024 (AFP) - Volkswagen says to sell operations in China's Xinjiang region

2024-11-27 10:30:34

London, Nov 27, 2024 (AFP) - EasyJet annual profit rises 40% on package holidays

2024-11-27 10:30:33

Latest NAMPA photos

KATIMA MULILO, 26 November 2024 - Benjamin Limbo of CKP trading enterprises in the Zambezi Region confirmed the closure of their business on Wednesday. (Photo by: Lydia Pitiri) NAMPA

NAMPA

GIBEON, 26 November 2024 - The Hendrik Witbooi Fountain located in Gibeon, where the legendary Nama leader brought his horse to drink after battle, is in desperate need of repairs. The site was inaugurated in 1992. (Photo by: Charmaine Boois) NAMPA

NAMPA

EENHANA, 26 November 2024 - Eenhana Mayor Omri-Onn Kavandje was on Tuesday re-elected as town mayor. (Photo by: Maria David) NAMPA

NAMPA

OPUWO, 26 November 2024 - The Opuwo Town Council on Tuesday re-elected all council in their previous positions, keeping the status quo in tact. (Photo by: Uakutura Kambaekua) NAMPA

NAMPA

OSHAKATI, 26 November 2024 - Oshana Regional Electoral Officer for ECN Amon-Oiva Haimbangu. (Photo by Maria David)NAMPA

NAMPA

GIBEON, 26 November 2024 - Gibeon Village Council. (Photo by: Charmaine Boois) NAMPA

NAMPA

GIBEON, 26 November 2024 - Gaob Ambassador Salomon Witbooi of the Witbooi Royal House. (Photo by: Charmaine Boois) NAMPA

NAMPA

SWAKOPMUND, 26 November 2024 - Electoral Commission of Namibia (ECN)'s electoral officials collecting their none sensitive materials for ahead of deployment to their different polling stations within the regions. (Photo by: Isabel Bento) NAMPA

NAMPA