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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has…

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World News

OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised…

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World News

Asia-Pacific markets fall as investors monitor Middle East tensions; Japan’s Nikkei down 1.4%

A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024. Bloomberg | Bloomberg…

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World News

Stock futures fall slightly following rocky start to October: Live updates

Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M.…

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World News

AI chipmaker Cerebras files for IPO to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey…

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OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers…

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World News

These are September’s top-performing S&P 500 stocks. Where analysts see them going next

Most analysts think that September’s top-performing stocks could continue their ascent. September is a traditionally dicey for stocks: It’s the…

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OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…

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Sam Altman tells OpenAI employees he hasn’t received ‘giant equity stake’ in company

At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in…

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World News

OpenAI CTO Mira Murati announces she’s leaving the company

Mira Murati, chief technology officer of OpenAI, during an interview on “The Circuit with Emily Chang” in San Francisco on…

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