Hello, Eyewear retailer Lenskart's initial public offering will open for bidding on October 31 and close on November 4. The public offer includes a fresh issue of equity shares worth up to Rs 2,150 crore and an offer for sale of up to 12.76 crore shares by existing shareholders, including promoters Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi. Meanwhile, Ola Electric has received board approval to raise Rs 1,500 crore through the issue of securities. The company, however, hasn’t disclosed what it intends to do with the capital. Elsewhere, Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Speaking of technology, an AI safety research company has said that AI models may be developing their own “survival drive”. Palisade Research found that AI models that were assigned tasks and were later asked to shut down resisted the instruction. “The fact that we don’t have robust explanations for why AI models sometimes resist shutdown, lie to achieve specific objectives, or blackmail is not ideal,” the company said. Does this sound scary? Then perhaps watching a horror movie might ease some anxiety, as research suggests horror content can paradoxically soothe fears. In today’s newsletter, we will talk about - Building cheap, durable cooling systems
- Bridging India’s youth sports gap
Here’s your trivia for today: Which actor played the role of Hans Gruber in the original Die Hard movie?
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