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(Reuters) -OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of ...
Elon Musk sets May 10 deadline for $97.4 billion ‘all cash’ OpenAI bid, requests access to company records — letter of intent. Jessica Mathews. Updated February 12, 2025 at 4:55 PM.
A few months back on the 20VC podcast, OpenAI CEO Sam Altman said his company will steamroll any startup or product trying to build in and around their blast radius.
The funding comes as the nine-year-old AI startup led by CEO Sam Altman faces increasing competition from the likes of Google, Meta, and other AI startups, and at a time when OpenAI is dealing ...
The Wall Street Journal reported earlier on Thursday that OpenAI was in talks with SoftBank for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion.
OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a ...
ChatGPT maker OpenAI is planning to block access to technology used to build AI products for entities in China and some other countries, Chinese state-owned new Chinese AI firms woo OpenAI users ...
Just six months ago, OpenAI was a model of unity as hundreds of employees and managers threatened to quit the startup en masse unless cofounder Sam Altman was rehired as CEO.