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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's marketing campaign "Shipmas" ended Friday. The campaign included 12 days of product releases, demos, and new features. On the final day, OpenAI previewed o3, its most advanced model yet.
OpenAI said the o3-mini excels in science, math, and coding. OpenAI's first small reasoning model is here just weeks after a Chinese AI startup emerged as a potential competitor to its artificial ...
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and $100 billion in 2029.
OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say. There's a catch in OpenAI's $6.6 billion ...
OpenAI could lose as much as $5 billion this year due to the massive costs of running AI products like ChatGPT — and likely needs to raise more money within the next 12 months, according to an ...
The Information reported that OpenAI was currently generating around $80 million a month, defying previous expectations that the $1 billion annual revenue milestone would be reached by 2024, as ...
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 ...