1 week, 6 days ago

OpenAI Secures Record $40-Billion Funding Round With SoftBank. Here's What ChatGPT-Maker Plans To Spend It On

OpenAI has successfully secured $40 billion in a monumental funding round, making it the largest-ever capital raise for a startup, as reported by Agence France-Presse. SoftBank's Bold Vision for Artificial Super Intelligence With SoftBank’s backing, OpenAI plans to push the boundaries of AI research, focusing on creating an intelligence system that surpasses human capability. OpenAI Shifts Toward Open-Source AI Models Amid growing competition in the open-source AI landscape, OpenAI has also announced a pivot toward a more open approach to generative AI. Once a staunch advocate for closed models, OpenAI now plans to develop a more flexible AI framework that allows developers to modify and adapt technology to their specific needs. OpenAI Faces Increasing Competition from Meta and DeepSeek This shift comes as OpenAI contends with fierce competitors like Meta and DeepSeek, who have been making significant strides in the open-source space.

ABP News

Discover Related