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OpenAI Gets $4 Billion in Credit

Business Insider on MSN · 2d

There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about

OpenAI reportedly has to become a for-profit entity in two years or give back investor money from its funding round. It could be tricky, lawyers say.

Hosted on MSN · 2d

OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise

OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race to develop more sophisticated artificial intelligence.

OpenAI secures $4 billion credit line after big funding round

OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.

ChatGPT Introduces New Way to Write and Code

Mashable on MSN · 1d

OpenAI unveils major ChatGPT redesign with new ‘Canvas’ interface for writers and coders

On Thursday, OpenAI announced a beta "canvas" feature for writing and coding. Canvas is different from the traditional chatbox interface, which makes it tedious to refine or develop ideas without the back and forth prompts.

PC Magazine · 18h

ChatGPT Introduces New Way to Write and Code with Canvas Update

One of the researchers noted that though ChatGPT showed reasonable levels of proficiency at correcting other people's code it sometimes “fails to understand the meaning of quest

OpenAI launches ChatGPT canvas tool for coders and writers. Here's how it works

Now, users can view the ChatGPT interface on the right of the project to ask questions about the project without losing the flow of the conversation. When opened on the project, t

16hon MSN

OpenAI closes the largest VC round of all time

Welcome back to Week in Review. This week, we’re diving into OpenAI’s $6.6 billion fundraising round, the fifth Cybertruck ...

2don MSN

OpenAI just secured a ton of new cash. Now it needs to wow us

OpenAI may very well be the future of Silicon Valley, the next Google, the Great Disruptor, the Slayer of Late Capitalist ...

1don MSN

OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead.

OpenAI just became one of the highest-valued privately held companies with its latest funding round, but it has a lot to live ...

1d

Elon Musk Touted xAI As The Anti-OpenAI At A Recruiting Event

The location was apt: The Pioneer Building in the city’s Mission district, a 122-year-old former truck factory, and most ...

1d

Khosla Says OpenAI’s Team Is Strong, Despite Departures

Artificial intelligence startup OpenAI has a strong, very technical team in place despite the number of recent departures, ...

2don MSN

OpenAI's latest funding round could be a bargain or a bust for investors

If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest American IPO by initial ...

1d

OpenAI Fast-Tracks AI Agents. How Do We Balance Benefits With Risks?

OpenAI announced innovations that bring AI agents closer to reality. CEO Sam Altman predicts we’ll use them daily by 2025.

2d

OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round

The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I.

3d

OpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation

The wide-ranging leadership transformation extends to the company’s board, too. All but one of the previous directors – Adam ...

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