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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 CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman's push to transform the maker of ChatGPT into a for ...
OpenAI has raised $6.6 billion in a massive funding round that values the startup at $157 billion, putting it among a tiny club of tech startups pushing private company valuations to stratospheric ...
A group of investors led by Elon Musk is offering about $97.4 billion to buy the nonprofit behind OpenAI, escalating a dispute with the artificial intelligence company that Musk helped found a ...
OpenAI, which last year secured $10 billion, is said to be in talks to raise additional billions. Its rush for new capital is a sign that the AI race will be survival of the richest for startups.
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, which Musk co-founded with CEO Sam Altman and 9 other people in 2015, said on Wednesday that it completed a record funding round of $6.6 billion at a $157 billion valuation, making it the ...
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 ...