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Tag: valuation

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

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

eriinfo.com3 days 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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Optasia targets up to R23-billion valuation in JSE debut
  • Tech

Optasia targets up to R23-billion valuation in JSE debut

eriinfo.com2 weeks ago05 mins

Optasia’s plans to list on the JSE could see the company valued at up to R23.5-billion in its public market debut. In a pre-listing statement on Monday, Optasia, whose backers include investor Michael Jordaan, outlined its intention to price its initial share offer at between R15.50 and R19/share. The number of shares on offer will…

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Vodacom fibre play pushes Maziv valuation above Telkom’s
  • Tech

Vodacom fibre play pushes Maziv valuation above Telkom’s

eriinfo.com4 months ago04 mins

Vodacom’s proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to R36-billion after agreeing revised terms on Friday. That would make Maziv, which owns fibre companies Vumatel and Dark Fibre Africa, worth more than R7-billion more than Telkom, which closed on Friday on the JSE with…

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  • NYC mayoral election results live: Polls closing soon in Mamdani-Cuomo race | Elections News
  • Africa: The Women of Wassoulou Music – a Primer
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