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Meta Snatches Three Top OpenAI Researchers

Mark Zuckerberg, CEO of Meta, has hired three researchers from OpenAI to bolster his company’s work on artificial intelligence. This strategic move aims to guide Meta Platforms through its current AI challenges. The social-media corporation brought aboard Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, all of whom previously held positions at OpenAI’s branch in Zurich, as per sources privy to this information. These individuals established OpenAI’s location in Zurich towards the end of last year. Prior to their time at OpenAI, they collaborated closely within Google DeepMind, which is the organization’s artificial intelligence division. A representative from OpenAI verified that the three scientists have departed from the organization. Zuckerberg has been on an intense recruiting drive To correct the company’s AI initiatives following the underwhelming reception of its most recent model, he has sometimes proposed giving researchers up to $100 million to become part o...

Adani's Mumbai Airport Secures $750M Deal with Apollo-Led Investors

(AppStoreOfficialID) – Mumbai International Airport Ltd., which is owned by Adani Airport Holdings, has received a $750 million investment from a consortium headed by affiliates of Apollo-managed funds along with other long-term supporters, according to an announcement made by the U.S.-based private equity firm on Monday.

Apollo mentioned in a statement that the four-year unsecured notes will be utilized to repay current debts, with the possibility of raising an extra $250 million.

Earlier this month, Adani Airports Holdings, which is part of Adani Enterprises' portfolio focusing on airports, received an investment of $750 million from a group of global financial institutions.

According to a Bloomberg report released in June, the plan is for this division to be separated and publicly traded by March 2027.

Currently, Adani Airport Holdings manages eight airports throughout India and is also responsible for the Navi Mumbai International Airport, an important project situated near the periphery of Mumbai slated to commence operations shortly.

Adani Airport Holdings and Adani Enterprises did not promptly reply to the comments sought when it was after working hours.

(Reported by Chandni Shah in Bengaluru; Edited by Sherry Jacob-Phillips)

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