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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.
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.
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 ...
OpenAI just secured $6.6 billion in its latest funding round. The company asked investors not to back its rivals like Elon Musk's xAI, per Reuters. Musk, who is in an ongoing feud with OpenAI ...
OpenAI is seeking to reach 1 billion users by next year, a new report said. Its growth plan involves building new data centers, company executives told the Financial Times.
OpenAI CEO Sam Altman gave an unequivocal answer at a conference in Paris today when asked whether his company was for sale following a surprise $97.4 billion bid by an Elon Musk–led investor group.
(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 ...