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OpenAI Raises $6.6 Billion in Funds
There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say.
OpenAI now has a $4 billion credit line on top of $6.6 billion in funding
Keeping ChatGPT running is expensive as heck, so OpenAI needs access to plenty of cash to make sure the lights stay on. A day after the company said it had secured $6.6 billion in funding — the biggest ever funding round for a startup — it confirmed that it has a new $4 billion revolving line of credit.
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
Meta Unveils AI Video Generator
Meta Unveils AI Video Generator, Taking On OpenAI and Google
Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool that can generate or edit videos based on a simple text prompt, elevating competition with rivals like OpenAI and Google in the race to develop the world’s most advanced AI technology.
A co-lead on Sora, OpenAI’s video generator, has left for Google
A co-lead on OpenAI's video generator, Sora, has left the company to join Google, where he'll also be working on video generation tech.
Google Is working on reasoning AI, chasing OpenAI's efforts
Google is working on artificial intelligence software that resembles the human ability to reason, similar to OpenAI's o1, marking a new front in the rivalry between the tech giant and the fast-growing startup.
OpenAI launches ChatGPT Canvas
OpenAI’s ChatGPT Breaks Out of Its Box—and Onto a Canvas
ChatGPT saves different versions of the canvas as you’re iterating, so you can return to old versions if you end up preferring that output. Writers who may be worried about what they upload being used by OpenAI to train its model should go into their user settings and make sure that “model training” is toggled off.
OpenAI unveils major ChatGPT redesign with new ‘Canvas’ interface for writers and coders
On Thursday, OpenAI announced a beta "canvas" feature for writing and coding. Canvas is different from the traditional chatbox interface, which makes it tedious to refine or develop ideas without the back and forth prompts.
OpenAI Unveils Canvas ChatGPT Interface To Write And Code
OpenAI, the maker of popular chatbot ChatGPT, announced the launch of canvas, a new interface for working with ChatGPT on writing and
2h
OpenAI Asks Investors to Avoid Five AI Startups, Including Sutskever’s SSI
The market leader in generative AI applications is asserting its dominant position to secure exclusive financial commitments ...
3h
on MSN
OpenAI just secured a ton of new cash. Now it needs to wow us
OpenAI may very well be the future of Silicon Valley, the next Google, the Great Disruptor, the Slayer of Late Capitalist ...
8h
on MSN
OpenAI also secured a massive credit line
In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has ...
20h
on MSN
OpenAI has secured a $157 billion valuation. Now comes the hard part.
The ChatGPT maker has secured $6.6 billion in funding, but it still has to overcome challenges around the hight costs of ...
23h
on MSN
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
On top of OpenAI's long-awaited funding round that closed Wednesday, the company has also put a $4 billion revolving credit ...
15h
How Does OpenAI's Price Tag Stack Up to Survivors of the Dotcom Bubble?
OpenAI's latest fundraising round has made the ChatGPT maker one of the world's most valuable startups and, from a historical ...
2h
on MSN
Nvidia Stock Edges Up. Why This Move May Be More Crucial Than the OpenAI Deal.
Nvidia stock was rising Friday at the end of a week where investors weighed up how the crisis in the Middle East, two new ...
4h
Nvidia's 'insane' chip demand, OpenAI's big money, and Google's next move: AI news roundup
OpenAI (MSFT) announced it had completed a $6.6 billion funding round, valuing it at $157 billion. The artificial ...
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