Tag: Indian-American businessman

Indian-American Man Rishi Shah’s Rs 8,300 Crore Fraud Scheme Shakes Top US Investors

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The facade began to crumble in 2017 when a media expose brought the fraudulent activities into light. New Delhi: An Indian-American businessman Rishi Shah, the former billionaire cofounder of Outcome Health, has been sentenced to seven and a half years in prison by a US court. The saga involves a Rs 8,300 crore ($1 billion)…

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Billionaire Vinod Khosla Takes A Dig At Elon Musk Over OpenAI Lawsuit

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Elon Musk co-founded OpenAI in 2015, but stepped down from the company’s board in 2018 Indian-American billionaire Vinod Khosla took a dig at Elon Musk’s decision to sue OpenAI, calling it “a case of sour grapes”. Mr Khosla, the co-founder of Sun Microsystems, suggested the Tesla billionaire did not get into the AI game early…

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