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OpenAI hit a cool $500 billion valuation after a secondary stock sale, putting the San Francisco AI lab in rarefied company and on every investor’s speed dial. Half-Trillion Milestone: OpenAI’s Secondary Sale Crowns a New AI King The tender lets current and former employees cash out roughly $6.6 billion without issuing new shares, a classic … Read more
A new report claims tensions are brewing between Softbank and OpenAI over major terms in their Stargate collaboration—chiefly, where the data centers should go and funding. People familiar with the matter say OpenAI’s grand Stargate vision now appears to be shrinking fast. WSJ Report Sources Say Stargate Is Shrinking OpenAI’s Stargate project—a sweeping artificial intelligence … Read more
OpenAI’s o3 model resisted shutdown in safety tests, raising concerns about AI alignment and control. Go to Source
In a daring and unexpected maneuver, Elon Musk has put forward a bid for $97.4 billion to buy OpenAI, a top artificial intelligence research outfit. Musk’s offer comes as many are worried that OpenAI has become too much like a typical Silicon Valley company and is no longer fully committed to its founding mission of … Read more
“We are now confident we know how to build AGI as we have traditionally understood it,” said OpenAI boss Sam Altman. Go to Source
The ChatGPT maker is considering turning its for-profit arm into a Delaware Public Benefit Corporation amid ongoing criticism of its legal structure. Go to Source
German regulators demand compliance changes from World ID after a biometric data investigation. Go to Source
Former Paradigm investment partner Casey Caruso’s Topology has been backed by Andreessen Horowitz’s executives, an OpenAI founder and even Paris Hilton. Go to Source
World’s seemingly playful jab at Spotify comes as the firm faces scrutiny. Go to Source
David Sacks’ professed views on OpenAI’s business restructuring seemingly align with Elon Musk’s. Go to Source