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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 ...
With the funding, OpenAI cements its status as one of the most valuable startups in the world, trailing TikTok owner ByteDance, valued at $225 billion, and Elon Musk’s $200 billion space ...
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 is seeking to reach 1 billion users by next year, a new report said. ... told the Financial Times that the nine-year-old startup was planning to invest in "clusters of data centers in parts ...
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 ...
When OpenAI launched in 2015, it had raised $1 billion. [48] In March 2019, Altman left Y Combinator to focus full-time on OpenAI as CEO. [ 49 ] [ 1 ] By the summer of 2019, he had helped raise $1 billion from Microsoft.
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 ...
From 2016 until joining OpenAI in 2018, she worked for augmented reality start-up Leap Motion (now Ultraleap). In 2018, She joined as the VP of applied AI and has since been promoted to CTO of OpenAI.