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OpenAI Gets $4 Billion in Credit
There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say.
OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise
OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race to develop more sophisticated artificial intelligence.
OpenAI value surges to $157 billion after funding
OpenAI has surged in value as investors including Microsoft continue to be fascinated by artificial intelligence, or AI.
ChatGPT Introduces New Way to Write and Code
OpenAI Canvas: Your New AI Powered Writing and Coding Assistant
OpenAI Canvas, a fantastic new ChatGPT feature now available in its first beta release, has been specifically designed to change the landscape of writing
ChatGPT Introduces New Way to Write and Code with Canvas Update
One of the researchers noted that though ChatGPT showed reasonable levels of proficiency at correcting other people's code it sometimes “fails to understand the meaning of quest
OpenAI Introduces Canvas for Writing and Coding Projects
OpenAI is introducing Canvas, a new workspace interface aimed at enhancing project management for writing and coding within ChatGPT. This marks a significant shift from the traditional chat-based interface,
9h
The rise of Sam Altman, OpenAI's billionaire CEO
OpenAI CEO Sam Altman is now a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.
2d
on MSN
OpenAI just secured a ton of new cash. Now it needs to wow us
OpenAI may very well be the future of Silicon Valley, the next Google, the Great Disruptor, the Slayer of Late Capitalist ...
1d
on MSN
OpenAI closes the largest VC round of all time
Welcome back to Week in Review. This week, we’re diving into OpenAI’s $6.6 billion fundraising round, the fifth Cybertruck ...
1d
on MSN
OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead.
OpenAI just became one of the highest-valued privately held companies with its latest funding round, but it has a lot to live ...
2d
Elon Musk Touted xAI As The Anti-OpenAI At A Recruiting Event
The location was apt: The Pioneer Building in the city’s Mission district, a 122-year-old former truck factory, and most ...
2d
on MSN
OpenAI also secured a massive credit line
In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has ...
2d
OpenAI Asks Investors to Avoid Five AI Startups, Including Sutskever’s SSI
The market leader in generative AI applications is asserting its dominant position to secure exclusive financial commitments ...
3d
OpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation
The wide-ranging leadership transformation extends to the company’s board, too. All but one of the previous directors – Adam ...
2d
A co-lead on Sora, OpenAI’s video generator, has left for Google
A co-lead on OpenAI's video generator, Sora, has left the company to join Google, where he'll also be working on video ...
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Elon Musk
Artificial intelligence
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