OpenAI Secures $4 Billion Credit Line, Boosting Liquidity to Over $10 Billion
OpenAI has secured a $4 billion revolving line of credit, adding to its recent $6.6 billion funding round and bringing ...
Tag: Sam Altman
OpenAI Secures Historic $6.6 Billion Funding, Pushing Valuation to $157 Billion
The funding, led by Thrive Capital, will help OpenAI strengthen its cutting-edge AI research and bolster its computing infrastructure
Three Top Executives Exit OpenAI as Restructuring Triggers Internal Chaos
Despite this, some sources indicate that Murati is still engaged with OpenAI
OpenAI Set to Become World’s Most Valuable Private Company
…surpassing the $86 billion it reached during a tender offer earlier this year
OpenAI Reportedly Eyes Multi-Billion Dollar Funding, Boosting Valuation to Over $100 Billion
This anticipated funding round is the largest capital infusion OpenAI has received since January 2023
OpenAI Loses Another Key Figure, John Schulman as Exodus Continues
OpenAI president Greg Brockman has also announced an extended leave of absence
Elon Musk Drops OpenAI Lawsuit, Focuses Fire on Apple’s AI Integration
Musk’s decision to drop the suit, which was dismissed without prejudice, allows him the option to refile it in the ...
OpenAI Launches Tokyo Hub, Customizes GPT-4 in Japanese Language
This move marks OpenAI's entry into Asia, enhancing collaboration with local stakeholders to develop safe AI tools suitable for Japan's ...
Sam Altman Relinquishes Control of OpenAI Venture Fund to Ian Hathaway
The fund's initial governance structure was always intended to be temporary
Elon Musk Sues OpenAI, Alleging Breach of Founding Agreement
The lawsuit accuses OpenAI and its co-founders of prioritizing profits over the nonprofit's founding objective
Building Trust amidst Suspicion: The Impact of AI on Business and Society
Hardly a day passes without someone, somewhere, speculating about artificial intelligence (AI) and whether we, as businesses and society at ...
OpenAI Welcomes Back Sam Altman as CEO Amid Board Reformation
The newly configured board at the AI startup will include former Salesforce CEO Bret Taylor, former US Secretary of the ...
Microsoft Stock Surges to All-Time High as Former OpenAI CEO Sam Altman Joins
Microsoft's stock hit an all-time high of $377.10 on Monday, marking a 56% increase year-to-date
OpenAI’s Leadership Shake-Up Leads to Top Executives’ Transition into Microsoft
The abrupt leadership changes at OpenAI have sent shockwaves through the tech industry, with concerns raised about the company's ability ...