Wall Street Lunch: OpenAI Leads Biggest Private Companies
OpenAI's latest funding round has propelled the startup beyond other unicorns to the rank of the highest valued private ...
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
The provision ramps up the pressure on OpenAI to convert into a for-profit entity, a plan that will need the blessing of ...
OpenAI has $20 billion to win or lose in its race to become a for-profit
The ChatGPT maker has announced $40 billion in new funding, but $20 billion of that will depend on its controversial ...
How OpenAI’s $300 Billion Valuation Creates a Problem for Microsoft
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over ...
The Information4dOpinion
A ‘Biblical’ Test of AI Investor Faith
OpenAI CEO Sam Altman described the awe-inspiring usage of ChatGPT’s new image generation tool a few days ago as “biblical.” ...
OpenAI must complete for-profit transition by year-end to raise full $40 billion
OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank ...
OpenAI is worth $300 bn after SoftBank deal. Why that turns the screw on Microsoft.
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over ...
The Information10d
Thrive Capital Leads New Deal in Wall Street AI Startup Rogo
Is Wall Street ready to work with artificial intelligence? Two of OpenAI’s biggest investors think so.Thrive Capital is set ...
Wall Street Lunch: Tesla 'Fork In The Road Moment'
Tesla fell short of expectations for Q1 deliveries as backlash against CEO Elon Musk and a changeover in the Model Y weighed.
Yahoo Finance5d
How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt
(News Corp, owner of The Wall Street Journal, has a content-licensing partnership with OpenAI.) Ratings agency S&P Global said Tuesday that SoftBank’s “financial condition will likely ...
NewsBytes8d
OpenAI's $40B funding hinges on for-profit transition by year-end
OpenAI, backed by Microsoft, must transition into a for-profit entity by year-end to secure its anticipated $40 billion ...
Yahoo Finance8d
OpenAI must complete for-profit transition by year-end to raise full $40 billion
SoftBank can pare back the size of the funding round to $20 billion if Microsoft-backed OpenAI fails to restructure into a for-profit company by the end of the year. The Wall Street Journal was ...