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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 ...
OpenAI just secured $6.6 billion in its latest funding round. The company asked investors not to back its rivals like Elon Musk's xAI, per Reuters. Musk, who is in an ongoing feud with OpenAI ...
Elon Musk and group of investors have offered to pay $97.375 billion "in cash" for the operating assets of OpenAI, according to the official letter of intent which sets a May 10 deadline for the ...
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 ...
In AI, startups can thrive the way they always have: by building truly great products aimed at problems too niche for the major players. Sam Altman warned OpenAI will ‘steamroll’ AI startups ...
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.
The move is part of a broader push by OpenAI to partner with media organizations. The AJP funding will help create a studio that allows local news outlets try out OpenAI's technology.
BEIJING (Reuters) -Chinese artificial intelligence (AI) companies are moving swiftly to attract users of OpenAI's technology, following reports the U.S. firm plans to restrict access in China and ...