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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 ...
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.
The announcement of o3 comes just a month after the AI community had grappled with speculation that the race to AGI—driven by Big Tech giants and well-funded startups like OpenAI and Anthropic ...
OpenAI o3 is a reflective generative pre-trained transformer (GPT) model developed by OpenAI as a successor to OpenAI o1. It is designed to devote additional deliberation time when addressing questions that require step-by-step logical reasoning. [1] [2] OpenAI released a smaller model, o3-mini, on January 31st, 2025. [3]
OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a ...
[3] [4] [5] He dropped out of Stanford University after two years and founded Loopt, a mobile social networking service, raising more than $30 million in venture capital. In 2011, Altman joined Y Combinator, a startup accelerator, and was its president from 2014 to 2019. [6] Altman's net worth was estimated at $1.2 billion in February 2025. [7]
Lachman, formerly the head of special projects at OpenAI, left the company for Murati's startup, Wired reported in January. He worked at OpenAI for a little over a year and a half and left in ...
C3.ai was founded in 2009 by Thomas Siebel as "C3". [2] Originally the "C" in the company's name was a reference to "carbon" and the "3" was a reference to "measure, mitigate and monetize" because the company's original goal was to help manage corporate carbon footprints. [3]