OpenAI closes largest ever deal of $6.6 bn at $157-bn valuation
Thrive Capital leads with around $1.2 bn, followed by existing and new investors like Microsoft, Khosla Venture, SoftBank, others, as OpenAI plans for-profit shift
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October 2024
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OpenAI’s Sam Altman says superintelligent AI could arrive in ‘few thousand days’
Presenting a highly optimistic view of changes GenAI will bring, the OpenAI CEO says a defining characteristic of the Intelligence Age will be massive prosperity
Sam Altman donates majority of his wealth; joins Gates and Buffett’s ‘Giving Pledge’ circle
Giving Pledge invites the wealthiest individuals to commit the majority of their wealth to charitable causes, either during their lifetime or in their wills
Elon Musk pushed for merger with Tesla or attaining full control: OpenAI
Recently, OpenAI shed light on Musk's departure, responding to a lawsuit he filed against the company, asserting his desire for "absolute control" of the company.
Elon Musk sues OpenAI, Sam Altman for breach of founding pact
Via lawsuit, Musk attacks OpenAI for a multi-billionaire-dollar alliance with Microsoft, which he says constitutes “flagrant breaches” of founding agreement
Sam Altman returns as OpenAI CEO with Microsoft board observer
OpenAI's new board will include Microsoft as a non-voting observer.
Sam Altman heads back to OpenAI after 2-day turmoil
OpenAI agrees to form new board; Nadella says looking forward to more stable, well-informed, and effective governance AI startup
Over 700 OpenAI employees threaten to resign and join Microsoft after Sam Altman’s ouster
A large number of employees at OpenAI have sincerely expressed their intent to leave the company and join tech giant Microsoft
After OpenAI shocker, Sam Altman, Greg Brockman to join Microsoft
Satya Nadella says Microsoft is committed to its partnership with OpenAI, and that Altman and Brockman will lead its new advanced AI team
Gen AI: Firms Race to Make IT Mainstream
As ChatGPT captures the imagination of the world, the focus is now on Generative AI, with IT services companies queuing up to crack the code.
