The Indian division of LG Electronics Inc. is facing the prospect of a lower valuation for its upcoming initial public offering (IPO), primarily due to recent fluctuations in the country's stock market. The anticipated valuation, initially set at $15 billion, may be revised down to a range of $10.5 to $11.5 billion. Despite this adjustment, the IPO is still expected to proceed in May, presenting opportunities for significant investment.

Together AI, a San Francisco-based AI startup backed by Nvidia $NVDA, is making waves in the tech scene with its latest funding achievement. The company recently announced it raised $305 million in its latest funding round, more than doubling its valuation compared to last year.

In a significant development for the artificial intelligence sector, Safe Superintelligence, an AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, is in discussions to raise at least $20 billion in funding. This ambitious move comes amidst a dynamically evolving industry landscape.