(Bloomberg) -- OpenAI named the former president of Amazon Web Services’s Japan arm to spearhead its push to woo enterprise clients in the world’s fourth-largest economy.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as Rivals RiseSingapore PM Lee to Hand Reins to Wong After Two DecadesTexas Warns of Possible Power Emergency Next WeekIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarThe artificial intelligence da...
Continue ReadingMicrosoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo. "This is just the first step in what I hope will be a long-term partnership with the people of Japan, government leaders, businesses and research institutions," OpenAI CEO Sam Altman said in a video message. Altman and Chief Operating Officer Brad Lightcap have hosted hundreds of Fortune 500 company executives in the United States and Britain this month to pitch for business, Reuters has reported...
Continue ReadingTOKYO (Reuters) -Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo. "This is just the first step in what I hope will be a long-term partnership with the people of Japan, government leaders, businesses and research institutions," OpenAI CEO Sam Altman said in a video message. Altman and Chief Operating Officer Brad Lightcap have hosted hundreds of Fortune 500 company executives in the United States and Britain this month to pitch for business, Reuters has reported...
Continue ReadingApple loses top smartphone maker crown to Samsung. Tesla employees brace for potential layoffs - report. J&J cough syrup recall classified as most serious in South Africa...
Continue ReadingJeff Bezos had a golden rule for deciding whether Amazon should take the great leap from the internet to the high street. “We would love to [open physical stores], but only if we can have a truly differentiated idea,” he told an interviewer in 2012. “We want to do something that is uniquely Amazon.”...
Continue Reading(Bloomberg) -- Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., will seek to raise as much as $713 million in an initial public offering, a person familiar with the matter said.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeTexas Warns of Possible Power Emergency Next WeekIran’s Missile Barrage Was an Error Israel Can Gain FromApple’s iPhone Shipments Drop 10% as Android Rivals RiseIsrael Grapples With New Phase in Its Multi-Front War With I...
Continue ReadingCybersecurity software firm Rubrik, which counts Microsoft among its prominent investors, is aiming to raise as much as $713 million in its initial public offering, according to a person familiar with the matter. Palo Alto, California-based Rubrik is planning to sell 23 million shares priced between $28 and $31 per share, the source said on condition of anonymity because the discussions are confidential. At the upper end of the range, Rubrik would be valued at about $5.4 billion, the source added, cautioning the company's plans are subject to market conditions and could change...
Continue ReadingNEW YORK (Reuters) -Cybersecurity software firm Rubrik, which counts Microsoft among its prominent investors, is aiming to raise as much as $713 million in its initial public offering, according to a person familiar with the matter. Palo Alto, California-based Rubrik is planning to sell 23 million shares priced between $28 and $31 per share, the source said on condition of anonymity because the discussions are confidential. At the upper end of the range, Rubrik would be valued at about $5.4 billion, the source added, cautioning the company's plans are subject to market conditions and could change...
Continue ReadingCybersecurity software firm Rubrik, which counts Microsoft among its prominent investors, is aiming to raise as much as $713 million in its initial public offering, according to a person familiar with the matter. Palo Alto, California-based Rubrik is planning to sell 23 million shares priced between $28 and $31 per share, the source said on condition of anonymity because the discussions are confidential. At the upper end of the range, Rubrik would be valued at about $5.4 billion, the source added, cautioning the company's plans are subject to market conditions and could change...
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