Microsoft’s investment in OpenAI since 2019 totals $13.75 billion. OpenAI’s valuation has reached $157 billion. Projected financials indicate a $5 billion loss on $3.7 billion in revenue for t ...
Importantly, Microsoft's bottom-line growth should accelerate once it has completed its funding obligation to OpenAI. Indeed, ...
Perplexity, an artificial intelligence company, is set to raise $500 million in a new funding round at a valuation of about $9 billion. Reuters reported, citing people familiar with the matter, that ...
NEW YORK — The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion. Nonprofit tax ...
Amazon’s Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion ...
OpenAIs widely-used chatbot ChatGPT was restored on November 8 after a brief service interruption that left thousands of ...
Microsoft CFO says OpenAI investment will cut into profit, with projected income for the quarter expected to drop by $1.5 ...
Notably, there is tremendous investor demand for OpenAI which is evident in the company’s valuation, which has nearly doubled ...
Sam Altman-run OpenAI has hired Gabor Cselle, former CEO and co-founder of X (formerly Twitter) rival Pebble, to work on a s ...
Global venture capital funding in October reached $32 billion, marking the highest month for startup investment so far in ...
Microsoft-Backed ChatGPT Restored After Temporary Outage OpenAI Resolves ChatGPT Outage Affecting Thousands Microsoft-backed ...