OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round
OpenAI closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation. Source link
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Microsoft Corp
Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft expects to spend over $100 billion on leases to ensure it has the data center infrastructure to meet generative
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AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
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Google to invest $1 billion in Thailand to build a data center and accelerate AI growth
Google is investing 36 billion Thai baht ($1 billion) into Thailand to build a new data center and expand its
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OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures
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These are September’s top-performing S&P 500 stocks. Where analysts see them going next
Of the S&P 500's top 10 performers of the month, analysts see seven of the stocks rising from current levels.
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OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after
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Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a "giant equity stake" in the
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OpenAI CTO Mira Murati announces she’s leaving the company
OpenAI chief technology officer Mira Murati said Wednesday she is leaving the company after more than six years. Source link
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