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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 unveils major ChatGPT redesign with new ‘Canvas’ interface for writers and coders
On Thursday, OpenAI announced a beta "canvas" feature for writing and coding. Canvas is different from the traditional chatbox interface, which makes it tedious to refine or develop ideas without the back and forth prompts.
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 launches ChatGPT canvas tool for coders and writers. Here's how it works
Now, users can view the ChatGPT interface on the right of the project to ask questions about the project without losing the flow of the conversation. When opened on the project, t
16h
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
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
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 ...
1d
on MSN
What the Heck Is Going On At OpenAI?
Nothing succeeds like success, but in Silicon Valley nothing raises eyebrows like a steady trickle out the door.
1d
Khosla Says OpenAI’s Team Is Strong, Despite Departures
Artificial intelligence startup OpenAI has a strong, very technical team in place despite the number of recent departures, ...
1d
OpenAI Fast-Tracks AI Agents. How Do We Balance Benefits With Risks?
OpenAI announced innovations that bring AI agents closer to reality. CEO Sam Altman predicts we’ll use them daily by 2025.
2d
on MSN
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial ...
2d
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I.
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 ...
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