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SoftBank invests an additional $1.5 billion in OpenAI through employee stock purchase

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3 months ago
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CNBC reported on the purchase of OpenAI shares by SoftBank totaling approximately $1.5 billion. This acquisition was made through an offer to OpenAI employees to convert their allocated company shares...

Former OpenAI employees band together to pen an open letter demanding better oversight of AI beyond current standards.

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9 months ago
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Former OpenAI employees and current employees, along with other AI companies, have come together to address the rapid progress of artificial intelligence development but note a lack of proper oversight...

Elon Musk’s xAI Sparks Rumors as Investor Negotiations Blitz Raises Another Whopping $6 Billion

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1 year ago
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According to the Financial Times, Elon Musk’s xAI company is seeking to raise a whopping $6 billion in funding, surpassing the company’s valuation of $20 billion. This move is aimed...

A Novel AI Startup Emerges: The Genesis of the Transformer Paper Crafted by Duo of Visionaries

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1 year ago
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In 2017, a group of 8 Google employees collaborated to write a paper titled “Attention Is All You Need,” presenting the Transformer algorithm that has now become the foundation of...