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OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise
(Bloomberg) -- 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 ...
Impacts16d
SoftBank Has Expanded Its Investment In OpenAI By $1.5 Billion
OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to ...
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by ...
OpenAI releases Sora, its buzzy AI video-generation tool
OpenAI said Monday it's releasing its buzzy AI video-generation tool, Sora, later in the day.
Amazon to invest another $4 billion in OpenAI rival Anthropic
Amazon announced today that it’s pumping another $4 billion into Claude AI maker Anthropic, bringing its total funding amount ...
NBC 10 Philadelphia16d
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
OpenAI is allowing employees to sell about $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. SoftBank's latest investment adds to OpenAI's recent $6.6 billion ...