Business
US corporate sector congratulates Tata group on homecoming of Air India
The US-India Business Council, the top corporate body in the US, congratulated Tata Group on regaining management and control of Air India Airlines and praised the asset monetisation plan of the government of Prime Minister Narendra Modi.
Tata Group regained control of Air India on Thursday, 69 years after the Mumbai-based conglomerate ceded its stake in the airline to the central government.
Congrats to Tata Group Air India for returning home! In a tweet, the US-India Business Council praised the Indian government for its successful asset monetization program.
USIBC said it expects greater connectivity and opportunities in the US-India Economic Corridor.
A milestone moment for Tata,” said Mukesh Aghi, Chairman of the US-India Strategy and Partnership Forum.
He said, congratulations to Chairman N. Chandrasekaran and the entire Tata Group.
Complete news Source : Business Standard
Business
OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
The previous owner of the domain turned out to be Dharmesh Shah, founder and CTO of software company HubSpot
OpenAI has bought the domain chat.com. Clicking on it automatically routes you to the ChatGPT website.
The AI giant’s CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X (Formerly Twitter) without any description or reasoning.
Altman’s post has already gotten over 3 million views and nearly 15k likes. The domain purchase is likely part of a rebranding effort.
The domain’s previous owner turned out to be Dharmesh Shah, founder and CTO of software company HubSpot. Shah announced this in posts on X and LinkedIn.
In his post, he detailed how he had purchased the domain for $15.5 million earlier this year and sold it later to an undisclosed (at that time) buyer.
“Well, in an 8 character tweet (talk about brevity), Sam Altman, the CEO of OpenAI revealed that they were the buyer,” he wrote. ”If you visit the website now, it goes to ChatGPT.” Shah wrote he was not at liberty at that time to share who the acquirer was as he was “going to leave that to them, when they were ready.”
He then went on to share GPT o1 prompt which reasoned the entire episode. “When he does sell a domain, it’s almost never at a loss,” and “Dharmesh doesn’t like profiting off of people he considers friends,” the prompt read, which could mean he did sell it for more than the $15.5 million he bought it for, since it also says he doesn’t like referring to himself in the third person.
However, its also indicated he got compensated in OpenAI shares since the prompt reads that he “always wanted to own OpenAI shares,” that “he doesn’t need the cash from a domain sale,” and that “he made a non-humble brag earlier this year that he’s now an investor in OpenAI.”
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