startup companies

Foreign funding in local startups is now subject to an ‘owner tax’

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credit score: 123RF.com Indian startups that elevate capital from overseas traders similar to Sequoia Capital, SoftBank, Prosus, Tiger International, Carlyle, KKR and Blackstone will now must pay an ‘proprietor tax’, a transfer that won’t solely negatively have an effect on financing but in addition Extra startups to find overseas. Saying the federation’s price range on … Read more

Microsoft is making a new “billion dollar” investment in ChatGPT maker OpenAI

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Microsoft says it’s making a “multi-year, multi-billion greenback funding” in synthetic intelligence firm OpenAI, ChatGPT maker And different instruments that may write legible textual content and create new pictures. The tech big on Monday described its new settlement because the third section of a rising partnership with San Francisco-based OpenAI that started with a $1 … Read more