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Amazon Web Service (AWS) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market ...
(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 rolled out its latest AI model, GPT-4o, earlier this year. Many people use ChatGPT to create recipes or write work emails, but OpenAI's Head of Product Nick Turley has some handy tips users ...
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 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 announcement cited that Altman "was not consistently candid in his communications" in a public announcement on the OpenAI blog. [53] [52] In response, Brockman resigned from his role as President of OpenAI. [54] The day after Altman was removed, The Verge reported that Altman and the board were in talks to bring him back to OpenAI. [55]
And OpenAI left its door wide open for any future structural changes, saying it’s “learned to think of the mission as a continuous objective rather than just building any single system”
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 ...