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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, 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.
Samuel Harris Altman (born April 22, 1985) is an American entrepreneur and investor best known as the chief executive officer of OpenAI since 2019 (he was briefly dismissed and reinstated in November 2023). [1] He is also the chairman of clean energy companies Oklo Inc. and Helion Energy. [2]
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 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 ...
(Reuters) -Robotics startup Figure said on Thursday it raised $675 million in a funding round from investors including Nvidia, Microsoft and Amazon.com founder Jeff Bezos at a valuation of $2.6 ...
OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft, has a lot to gain if the ChatGPT developer gets the green light.