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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 ...
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.
(Reuters) -SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said ...
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(Reuters) -SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
To hammer home the point, OpenAI linked in its blog post to several reports and studies showing rivals, like Meta’s Llama models and Anthropic’s Claude, rising in popularity.
Yet OpenAI expects to see extraordinary growth, with its top line ballooning to $11.6 billion next year, according to internal company estimates reported by the New York Times.