Reddit ends 2-year wait for IPO, eyes $750mn raise

Reddit ends 2-year wait for IPO, eyes 0mn raise

Reddit disclosed further details of what is set to be one of the year’s biggest IPOs, with the company and some existing shareholders seeking to raise as much as $748 million. Reddit and the holders are planning to sell 22 million shares for $31 to $34 each, the social media platform said in a filing … Read more

OpenAI Staff: Nearly 500 OpenAI staff threaten to resign; demand reinstating Altman

OpenAI Staff: Nearly 500 OpenAI staff threaten to resign; demand reinstating Altman

NEW DELHI: Nearly 500 OpenAI staff have threatened to quit unless all current board members resign and reappoint ex-CEO Sam Altman.In a letter to the board, 490 OpenAI employees, including CTO Mira Murati and COO Brad Lightcap, said that they would follow OpenAI co-founder Sam Altman, who said he was starting an AI subsidiary at … Read more