Cruise’s Robot Enterprise Valued at Over 2 Billion Dollars
Kyle Vogt, the former CEO and co-founder of Cruise, a self-driving car company under GM, announced his departure in 2023. GM later decided to shut down Cruise in December 2024....
OpenAI’s Chairman Greg Brockman Resumes Normal Work Routine Following Unspecified Hiatus
Greg Brockman, one of the co-founders of OpenAI and the company’s chairman, has announced the end of his extended leave of absence. It is now time for him to return...
Speculation: Interiors of OpenAI Forecast Profits by 2029, Possible Accumulation of Losses Up to 1.5 Trillion Baht
The website The Information claims to have seen internal documents from OpenAI that assess the financial situation in the future. Profit may not come until 2029, with annual revenue reaching...
Speculation Confirmed: SoftBank Joins Investment Round for OpenAI, Allocating Approximately $500 Million
According to The Information, another investor set to join OpenAI’s new funding round is expected to be SoftBank, with an estimated investment of $500 million. Previous reports indicated that OpenAI...
Unconfirmed: OpenAI Reveals New Company Logo Draft, Yet Many Employees Disagree
According to a report from Fortune, OpenAI has conducted a meeting with employees discussing the rebranding of their logo and typeface. The new logo now consists of just the letter...
SSI: The Artificial Intelligence Firm Founded by Ilya Sutskever Secures $1 Billion Investment from Venture Capitalists
Safe Superintelligence, or SSI, an artificial intelligence startup founded by Ilya Sutskever, former chief scientist and co-founder of OpenAI, has secured over $1 billion in funding from investors including NFDG...
Revolutionary AI Firm Secures Fresh Investment Round Amidst Investor Enthusiasm, Appoints Prem Akkaraju as New CEO
Stability AI, an artificial intelligence company known for the Stable Diffusion model, has announced a new round of funding from investors including Greycroft, Coatue, Sound Ventures, Lightspeed, O’Shaughnessy Ventures, as...
Revolutionary Indian Budget Hotel Startup OYO Secures New Funding Round, Slashing Business Valuation by Over 70%
Reports indicate that Oyo, the budget hotel startup from India, has closed a new funding round, raising approximately $100-125 million at a valuation of $2.5 billion. This marks a significant...
Closing Deal: OpenAI Grants Employee Stock to Thrive Capital Fund Worth $800 Million USD
Reportedly, OpenAI has struck a deal to sell current stocks to Thrive Capital, a fund looking to invest in the company, which has successfully concluded according to previous news reports....
OpenAI Initiates New Funding Round, Surpasses Billion-Dollar Valuation: Unconfirmed
Bloomberg news reported that OpenAI has begun discussions to raise a new funding round worth at least $100 billion. However, it should be noted that this is only the early...