OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead.
On Wednesday, the creator of ChatGPT said in a blog post that it raised $6.6 billion in new funding at a whopping valuation of $157 billion to "accelerate progress toward its mission." OpenAI did not ...
OpenAI secures record-breaking $6.6 billion in funding, now valued at $157 billion
In a landmark deal, OpenAI has raised $6.6 billion in new funding, sending its valuation soaring to an astounding $157 ...
SoftBank's Masayoshi Son Predicts Artificial Superintelligence Within A Decade After Testing OpenAI's 'Strawberry' Models
Masayoshi Son, CEO of SoftBank, has forecasted the advent of artificial superintelligence within the next ten years. This ...
OpenAI closes record $6.6B funding round at $157B valuation, plus $4B line of credit
CNBC, meanwhile, reported today that OpenAI has more than 250 million weekly users. About 11 million of those users have ...
OpenAI releases new ChatGPT tool for editing text and code
OpenAI is releasing canvas in phases. The feature started rolling out to ChatGPT Plus and ChatGPT Team today and will become ...
Tech Up as Nvidia Touts AI Demand -- Tech Roundup
Nvidia Chief Executive Jensen Huang described demand for the company's new AI chips, branded Blackwell, as "insane." ...
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity ...
Pensions&Investments2d
Softbank says Credit Suisse to blame for fund’s $440 million Greensill loss
Softbank Group, facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses ...
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion ...
The Columbian2d
ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots
OpenAI said Wednesday it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots.
OpenAI’s $157 billion valuation and the port strike show the contrasting attitudes around AI
Events this week highlight the vivid contrast in attitudes around the potential of AI. Yesterday, OpenAI raised $6.6 billion ...
OpenAI investor believes AI provides key to happiness: report
SoftBank Group founder Masayoshi Son believes artificial intelligence possesses the power to one day increase the happiness ...