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It mentions capital and investors in the blog post as many times as AGI, or artificial general intelligence, a hypothetical but long-avowed goal of OpenAI that refers to AI becoming as capable as ...
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 ...
Leading the funding round in OpenAI would mean a bold bet for SoftBank, the global tech investor and its CEO Masayoshi Son, whose group has about $30 billion in cash to deploy, according to ...
OpenAI CFO Sarah Friar emailed investors the day after three top execs suddenly left, per CNBC. Friar sought to soothe investor worries, saying the firm is still "laser-focused" on AI that can ...
The investors had to fork over huge sums and reportedly avoid future investments in OpenAI's rivals. OpenAI is now valued at $157 billion factoring in the latest funding, making it one of the ...
Hoffman remained on the board of Microsoft, a major investor in OpenAI. [59] On March 14, 2023, OpenAI released GPT-4, both as an API (with a waitlist) and as a feature of ChatGPT Plus. [60] On May 22, 2023, Sam Altman, Greg Brockman and Ilya Sutskever posted recommendations for the governance of superintelligence. [61]
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial valuation. OpenAI's latest funding round could be a bargain or a bust for investors
(Reuters) -OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world's chip-building capacity and expand its ability to power AI ...