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Tag: 1trillion

Two telcos, -trillion and two very different fintech bets
  • Tech

Two telcos, $1-trillion and two very different fintech bets

eriinfo.com4 months ago07 mins

MTN Group and Vodacom Group between them processed just over US$1-trillion in mobile money transactions across their most recent financial years – a milestone for Africa’s two largest telco-led fintech businesses, even as the JSE-listed operators pursue increasingly different paths to scale. Vodacom outpaces MTN on a revenue basis. In the year to 31 March…

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OpenAI preparing for historic IPO at up to -trillion valuation
  • Tech

OpenAI preparing for historic IPO at up to $1-trillion valuation

eriinfo.com11 months ago05 mins

OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is laying the groundwork for an initial public offering that could value the company at up to US$1-trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time. OpenAI is considering filing with securities regulators as soon as the…

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