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Amazon completes $50 Billion investment in OpenAI, secures 5% stake

Amazon has completed its planned $50 billion investment in OpenAI, securing an estimated 5% stake in the ChatGPT developer ahead of a public listing...

Anthropic becomes World’s Most Valuable AI Startup, overtakes OpenAI in AI race

Anthropic has surpassed rival OpenAI to become the world’s most valuable artificial intelligence startup after securing a massive $65 billion funding round that valued...

OpenAI acquires Hiro Finance to strengthen AI financial capabilities

OpenAI has acquired personal finance startup Hiro Finance, co-founder Ethan Bloch announced, and the company also confirmed the development. The startup had backing from...

OpenAI raises $122 Billion, eyes IPO amid explosive AI growth

OpenAI announced that the startup reached a staggering valuation of $852 billion following the successful closure of a $122 billion funding round. Notably, the...

OpenAI eyes historic $100B raise to scale AI infrastructure

OpenAI is nearing the completion of the first phase of a massive new funding round that could raise more than $100 billion, according to...

OpenAI acquires healthcare startup Torch for $100 Mn to strengthen OpenAI’s expanding healthcare initiatives

OpenAI has acquired Torch, a healthcare technology startup that focuses on unifying and analysing personal medical data, thereby completing a transaction valued at approximately...

OpenAI invests $30 Mn in biotech AI startup Valthos to fight biological threats

OpenAI, the creator of ChatGPT, has partnered with Founders Fund and Lux Capital to invest $30 million in Valthos, a New York–based biotech AI...

OpenAI acquires Software Applications Inc. to boost Mac AI tools

OpenAI has acquired Software Applications Inc., a startup developing an AI-powered user interface for Mac desktops, as part of its effort to enhance how...

OpenAI expects business to burn $115 Bn through 2029: Report

OpenAI has significantly increased its projected cash burn to $115 billion through 2029 as it scales up investments to power the artificial intelligence behind...

Alphabet and Nvidia invest in OpenAI Cofounder Ilya Sutskever’s new AI startup SSI

Alphabet and Nvidia have joined top venture capital firms in backing Safe Superintelligence (SSI), a startup co-founded by former OpenAI chief scientist Ilya Sutskever....

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