“We are proud to have the strongest banks and investors in the world supporting us,” said Sarah Friar, OpenAI’s chief financial officer, in a statement. “This credit facility further ...

Five years ago, OpenAI was a scrappy startup run by a handful of executives, with a heavy emphasis on research. The company was so concerned about people misusing its latest artificial ...

OpenAI’s plans to restructure as a for-profit business mark a significant departure from its roots as a nonprofit research lab grounded in a commitment to build artificial intelligence (AI) to ...

OpenAI's annual developer day took place Wednesday in San Francisco, with a raft of product and feature announcements. The event's centerpiece was the company's introduction of its real-time ...

OpenAI just secured $6.6 billion in its latest funding round. The company asked investors not to back its rivals like Elon Musk's xAI, per Reuters. Musk, who is in an ongoing feud with OpenAI ...

The updates could help OpenAI compete better with rivals such as Anthropic, Google, and AWS which already offer similar capabilities. In what can only be seen as OpenAI’s efforts to catch up ...

OpenAI is now one of the wealthiest private companies on Earth after successfully raising $6.6 billion in its latest funding round on a valuation of $157 billion. “Every week, over 250 million ...

OpenAI received $6.6 billion in investment recently, including backing by Microsoft and NVIDIA. The AI company asked investors to not fund competing tech giants, including Anthropic, xAI, Safe ...

(Bloomberg) -- OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world ...

OpenAI has finalized a deal to receive $6.6 billion in new funding from investors who valued the company at $157 billion — the latest in a series of dramatic and sometimes polarizing moves for ...

Confirming recent reports, OpenAI today announced that it has raised $6.6 billion from investors to support its artificial intelligence research. The raise, the largest venture capital funding ...

Oct 2 (Reuters) - As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital — they also wanted ...