Companies News Today Live Updates on January 23, 2025: Why Elon Musk and Sam Altman sparring over Donald Trump backed $500 billion Stargate project? Key thing to know

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23 Jan 2025, 07:42:22 AM IST

Company News Today Live: Why Elon Musk and Sam Altman sparring over Donald Trump backed $500 billion Stargate project? Key thing to know

  • Elon Musk and OpenAI CEO Sam Altman are in a dispute over the Stargate AI project proposed by Donald Trump, which aims to invest $500 billion in AI infrastructure. Musk questions the necessity of the funding while Altman defends the project as beneficial for the country.

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23 Jan 2025, 05:30:24 AM IST

Company Business News Today Live: Servify shoots for unicorn tag with $100 million fundraise

  • The startup was valued at about $850 million when it raised $65 million in 2022 as part of its Series D funding round led by Singularity Growth, AmTrust, and Pidilite promoters’ family office. Last year, Servify raised $10 million in debt. Founded in 2015, the startup has so far raised $135 million.

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23 Jan 2025, 05:25:22 AM IST

Company News Today Live: Sebi raises concern over $1.5 bn HDB Financial Services IPO

  • HDB filed its draft IPO papers in November. Parent HDFC Bank will sell its shares worth 10,000 crore in an offer for sale

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23 Jan 2025, 05:00:21 AM IST

Company Business News Today Live: Quick commerce firms brace for higher churn of dark store workers amid rising competition

  • Every month, there are at least 8,000 to 10,000 open positions for such roles in quick commerce warehouses and dark stores, across metro cities in India where these platforms operate majorly.

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