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The company does not disclose its financial results, though the New York Times reported that OpenAI’s monthly revenue reached $300 million in August and that it projects generating $11.6 billion ...
OpenAI, the company behind the AI sensation ChatGPT, is again making headlines after securing $6.6 billion in one of the largest venture capital funding rounds in U.S. history. According to The ...
The report cited a memo sent to employees that said details on stock sales were being worked out. OpenAI raised $6.6 billion in its latest fundraising round. ... The company, led by Sam Altman ...
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.
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(Reuters) -ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told ...
The venture-capital firms Thrive Capital, Sequoia Capital, Andreessen Horowitz and K2 Global agreed to buy OpenAI shares in a tender offer, valuing the company at around $29 billion, the report said.
OpenAI is reportedly losing $5 billion this year on just $3.7 billion in revenue, which doesn't seem like a sustainable business model. Meanwhile, Alphabet has clear ways to generate profits from AI.