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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 ...
A group of investors led by Elon Musk is offering about $97.4 billion to buy the nonprofit behind OpenAI, escalating a dispute with the artificial intelligence company that Musk helped found a ...
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.
In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025. A central part of ...
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 ...
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]
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.
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 ...