All articles tagged with #strategic investments
OpenAI has appointed Albert Lee, a veteran Google executive with extensive experience in corporate development and strategic investments, as its new vice president of corporate development to enhance its strategic growth and transaction capabilities.
UiPath Inc. held its Q4 2024 earnings call, reporting a strong close to the fiscal year with record quarterly revenue of $405 million, up 31% year-over-year, and a total ARR of $1.46 billion, an increase of 22% year-over-year. The company also achieved its first quarter of GAAP profitability as a public company and plans to make strategic investments in technology and go-to-market resources to drive growth and profitability in fiscal year 2025. Key highlights include the company's cloud-first approach driving adoption, strong customer retention rates, and the expansion of its platform across various industries and regions.