Tag: talks

  • Google in talks to invest in AI startup Character.AI

    With artificial intelligence (AI) changing the way people engage with technology, Alphabet’s Google is about to invest a significant sum of money in Character.AI, a blossoming AI chatbot firm. This action is being taken while the chatbot startup looks for funding in order to train models and satisfy the growing demand from consumers. This article…

  • Byju’s in talks to sell US unit Epic for $400 million to Joffre

    The US-based children’s digital reading platform Epic! Creations, owned by the Indian education technology firm Byju’s, is reportedly in advanced talks to be sold for about $400 million. Byju’s hopes to use this calculated action to give itself the financial cushion it needs to deal with its current financial issues, which include a controversial $1.2…

  • Byju Raveendran in talks with PEs to sell controlling stake in Aakash

    Byju Raveendran, the founder and CEO of Byju, is reportedly in the early stages of discussions with private equity (PE) firms, such as Bain Capital and KKR, about the potential sale of a controlling stake in Aakash Educational Services Ltd (AESL). This is a calculated move that could significantly alter the landscape of India’s burgeoning…