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OpenAI Gets $4 Billion in Credit
OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise
OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race to develop more sophisticated artificial intelligence.
OpenAI Raises $6.6 Billion With Microsoft, Nvidia Funding
OpenAI has raised $6.6 billion in funding, which makes it one of the most valuable private companies in the world.
OpenAI value surges to $157 billion after funding
OpenAI has surged in value as investors including Microsoft continue to be fascinated by artificial intelligence, or AI.
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.
Meta, challenging OpenAI, announces new AI model that can generate video with sound
Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
Hippo Hype: Meta Teases 'Movie Gen' 16-Second AI Video Generator
The text-to-video tool creates high-quality, 1080p images with sound, Meta says, but there's no release date. For now, it's clever marketing to keep up with OpenAI and Google.
26m
Eleven Thoughts about Artificial Intelligence & Writing
Alexis Kirke is an award-winning screenwriter and A.I. coder. He recently completed the BBC Writers' development programme ...
5h
on MSN
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 ...
20h
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I.
14h
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 ...
1d
on MSN
Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its rivals.
1d
on MSN
SoftBank’s Son Says Artificial General Intelligence to Be Achieved in a Few Years
SoftBank Group Chief Executive Masayoshi Son said he believed artificial general intelligence, in which computers have ...
2h
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 ...
5h
on MSN
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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