Africa's Markets, Startups & Money Moves — Updated Daily

OpenAI Secures $110 Billion in Private Funding

OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history.

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Oracle to Raise Up To $50 Billion

Data center giant Oracle’s stock rose 2% in Monday morning trading, after the company announced plans to raise up to $50 billion to develop additional capacity for customers.

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OpenAI is Looking to Hire a New Head of Preparedness

OpenAI’s listing for the Head of Preparedness role describes the job as one that’s responsible for executing the company’s preparedness framework,

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