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Etsy has sold its secondhand clothing marketplace, Depop, to eBay for $1.2 billion. This deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time when secondhand clothing apps were gaining significant traction during the pandemic, marking a new chapter for the popular fashion platform.
OpenAI is deepening its India commitment by partnering with fintech giant Pine Labs, moving beyond ChatGPT to focus on enterprise solutions. This strategic collaboration targets advanced AI for enterprise payments and AI-driven commerce, aiming to revolutionize business operations across India with greater efficiency and innovation.
OpenAI is making a major move into India, partnering with Tata for an initial 100MW AI data center capacity with a long-term goal of 1GW. The AI giant also plans to open new offices in Mumbai and Bengaluru later this year, signaling a deep commitment to India's tech landscape and talent pool. This expansion is set to significantly boost AI development and adoption in the region.
