Engadget -
2 Oct 2024 23:21

Now that OpenAI is becoming a for-profit company, it's making a tidy profit in the process. The Wall Street Journal reported that OpenAI has raised $6.6 billion in new funding from investors, nearly doubling its value to $157 billion. The new funding also makes it the largest venture capital deal in history. The new investors jumped on board after the artificial intelligence startup planned to switch from a charitable non-profit to a for-profit, product-focused company . If OpenAI fails to make ...
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