OpenAI raises $110 billion in latest round, valuing firm at US$730 billion
OpenAI announced a massive $110 billion investment round—vaulting the company at a $730 billion—thanks to funding from Amazon, NVIDIA and SoftBank, it announced Friday.
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Amazon discussing $50 billion investment in OpenAI, report says
Amazon is in talks with OpenAI to potentially invest $50 billion into the artificial intelligence startup, according to The Wall Street Journal, potentially valuing the company as high as $830 billion.
OpenAI could be blowing as much as $15 million per day on silly Sora videos
Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power the AI slop factory.
Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
Jeff Bezos becomes $10 billion richer as Amazon’s OpenAI deal boosts stock
Jeff Bezos’ stake in Amazon is up almost $30 billion since Friday.
OpenAI’s ChatGPT now connects with third-party apps like Spotify: Here’s the latest in the AI arms race
Artificial intelligence products are launching at a rapid pace as the sector’s largest companies battle for supremacy and secure increasingly large valuations worth hundreds of billions of dollars.
AMD shares surge 30% after multibillion-dollar deal with OpenAI
OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.
OpenAI is set to launch a ChatGPT for teens
The generative AI platform says it’s rolling out a new set of protections to keep under 18s ‘safe’, including parental control features.
OpenAI to open Sydney office as ChatGPT use explodes in Australia
Atlassian, Canva, and CBA already have contracts with the Silicon Valley-headquartered tech disruptor. A new office opening in Sydney this year expands OpenAI’s reach in Australia.
Sam Altman despises Elon Musk. Now he is going after his companies
The OpenAI CEO is challenging his former friend. Twitter, Tesla and even Neuralink are in his sights