Elon Musk’s xAI Looks to Raise New Funds, Aiming for $40B Valuation
Elon Musk's AI firm, xAI, is seeking new funding at a potential $40 billion valuation, nearly doubling its previous post-money valuation of $24 billion. The...
Ex-OpenAI Leader Mira Murati Targets $100M+ for Innovative AI Startup
Mira Murati, the former CTO of OpenAI, is seeking $100 million or more for a new AI startup developing innovative AI products, according to Reuters....
OpenAI Lands $6.6B in Funding, Backed by Microsoft and Nvidia Investors
Venture capitalists like Thrive Capital and Khosla Ventures have come back to invest in the company, and Nvidia has joined as a new investor. Microsoft...
SoftBank Eyes $500M OpenAI Investment, Shares Rise – Major AI Deal
SoftBank's stock went up again because the Japanese company might take part in a funding round for OpenAI. The stock price of SoftBank Group went...
OpenAI’s $11.6B Revenue Forecast Unlocks New Investment Opportunities for 2025
OpenAI is currently raising $6.5 billion, and Thrive Capital is putting in more than $1 billion. OpenAI is expected to make an impressive $11.6 billion...
OpenAI Provides $1 Million in Free Credits for AI Development in emerging markets
OpenAI, a company founded by ChatGPT, is starting a program to make AI creation easier for people all over the world. The OpenAI Academy will...
Microsoft, BlackRock Unveil $30B AI Infrastructure Fund for Future Growth
Microsoft and BlackRock have announced the $30bn fund which will be used to finance the infrastructure of artificial intelligence. The fund will include Nvidia and...
OpenAI’s $150B Valuation Linked to Changing Corporate Framework
OpenAI is considering a new funding round using convertible notes, with major investors such as Microsoft, Apple, and Nvidia interested in participating. The valuation could...