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OpenAI Closes Up to $40B Funding Round, Valuing ChatGPT Maker at $300B

Source: Investopedia Key Takeaways OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 billion. OpenAI will not receive the whole amount pledged by SoftBank if it fails to transform itself into a for-profit company “by the end of 2025, or in certain… Continue reading OpenAI Closes Up to $40B Funding Round, Valuing ChatGPT Maker at $300B

Zuckerberg’s Meta aims to rival OpenAI, Google with new Llama AI model

Source: Business Standard Meta uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product “If AI Is Going To Be As Important In The Future As Mobile Platforms Are, Then I Just Don’t Want To Be In… Continue reading Zuckerberg’s Meta aims to rival OpenAI, Google with new Llama AI model