OpenAI has sold $6.6 billion in shares held by current and former employees, according to a new report from Bloomberg. The sale pushed OpenAI’s total valuation to $500 billion, the highest ever achieved by a privately held company. Purchasers included SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price, the report said. The sale was not a conventional …
Read More »OpenAI Valuation Soars to $500 Billion, Topping Musk’s SpaceX Bloomberg.comView Full Coverage on Google News Source link
Read More »OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says Reuters OpenAI Valuation Soars to $500 Billion, Topping Musk’s SpaceX Yahoo Finance OpenAI wraps $6.6 billion share sale at $500 billion valuation CNBC Tech Drives Stock Rally as OpenAI Fuels Optimism: Markets Wrap Bloomberg.com OpenAI’s valuation, Challenger layoffs data in focus – what’s moving markets Investing.com Source link
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Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of South Korean chip heavyweights Samsung Electronics and SK Hynix surged Thursday, a day after the two companies partnered with artificial-intelligence major OpenAI as part of the U.S. firm’s Stargate initiative. Samsung shares hit their highest since January 2021, rising …
Read More »In 2-day span, OpenAI takes on Google, Amazon, Meta and TikTok SFGATE Buy it in ChatGPT: Instant Checkout and the Agentic Commerce Protocol OpenAI OpenAI deal puts Etsy at the ‘leading edge of agentic commerce,’ BTIG says CNBC How OpenAI and Stripe’s latest move could blow up online shopping as we know it Fortune OpenAI partners with Etsy, Shopify on ChatGPT payment checkout Reuters Source …
Read More »OpenAI debuts Sora 2 AI video generator app with sound and self-insertion cameos, API coming soon VentureBeat Exclusive | OpenAI’s New Sora Video Generator to Require Copyright Holders to Opt Out The Wall Street Journal OpenAI Is Preparing to Launch a Social App for AI-Generated Videos WIRED Does Sora 2 Come to Hollywood in Peace — Or to Leave It in Pieces? The Hollywood …
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For decades, the rhythm of online shopping was predictable, if often frustrating: search, scroll, cart, checkout. Then social platforms like Facebook and Instagram shook things up by dropping products directly into your feed for the ultimate impulse buy. Now OpenAI and Stripe are upping the ante, folding shopping into the flow of an AI chat—a kind of holy grail for …
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UiPath (PATH) stock surged over 14% on Tuesday after the software company disclosed several high-profile AI partnerships that signal its deeper push into agentic automation. The company has joined hands with technology leaders such as Nvidia (NVDA), OpenAI, Alphabet’s Google (GOOGL), and Snowflake (SNOW). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, …
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Periodic Labs came out of stealth on Tuesday with a war chest of $300 million as a seed round, backed by a tech industry’s who’s who: Andreessen Horowitz, DST, Nvidia, Accel, Elad Gil, Jeff Dean, Eric Schmidt, and Jeff Bezos. Periodic Labs was founded by Ekin Dogus Cubuk and Liam Fedus. Cubuk led the materials and chemistry team at Google …
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On Tuesday, OpenAI announced the release of Sora 2, an audio and video generator to succeed last year’s Sora. Along with the model, the company also launched a linked social app called Sora, where users can be able to generate videos of themselves and their friends to share on a TikTok-style algorithmic feed. OpenAI’s work on a new social platform …
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