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OpenAI, the company behind the AI sensation ChatGPT, is again making headlines after securing $6.6 billion in one of the largest venture capital funding rounds in U.S. history. According to The ...
The company does not disclose its financial results, though the New York Times reported that OpenAI’s monthly revenue reached $300 million in August and that it projects generating $11.6 billion ...
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.
OpenAI's "Blossom" is used as a symbol for ChatGPT and the company. Launched in November 2022, ChatGPT is an artificial intelligence tool built on top of GPT-3 that provides a conversational interface that allows users to ask questions in natural language. The system then responds with an answer within seconds.
Workers at OpenAI may soon get the opportunity to sell some of their shares in the company, The Information reported, citing a company memo. The move to allow employees to cash in follows the ...
(Reuters) -ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told ...
The venture-capital firms Thrive Capital, Sequoia Capital, Andreessen Horowitz and K2 Global agreed to buy OpenAI shares in a tender offer, valuing the company at around $29 billion, the report said.
(Reuters) -SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said ...