Ryan Daws@AI News
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OpenAI has secured a monumental $40 billion funding round, spearheaded by SoftBank, elevating the company's valuation to $300 billion. This substantial financial backing marks one of the most significant capital infusions in the tech industry, underscoring the robust investor confidence in OpenAI's vision and strategic direction. The funding is expected to fuel expanded research and development efforts, upgrades to computational infrastructure, and the accelerated rollout of next-generation AI models. This investment also solidifies OpenAI's position as the world’s second-most valuable private company, trailing only Elon Musk’s SpaceX Corp.
As part of this major announcement, OpenAI revealed plans to release its first "open-weight" language model since 2019. This move signifies a dramatic strategic shift for the company, which has largely built its business on proprietary AI systems. OpenAI CEO Sam Altman confirmed the development on X, stating that the new model would have enhanced reasoning capabilities and be made available in the coming months. This decision comes amid increasing pressure from competitors in the open-source AI space and is driven by the evolving economics of the AI landscape.
References :
- Fello AI: OpenAI has closed a $40 billion funding round, boosting its valuation to $300 billion. The deal, led by SoftBank, is one of the largest capital infusions in the tech industry and marks a significant milestone for the company.
- SiliconANGLE: OpenAI bags $40B in funding, increasing its post-money valuation to $300B
- techxplore.com: OpenAI says it raised $40 bn at valuation of $300 bn
- THE DECODER: SoftBank and OpenAI announced a major partnership on Monday that includes billions in annual spending and a new joint venture focused on the Japanese market.
- venturebeat.com: OpenAI announced plans to release its first “open-weight” language model since 2019, marking a dramatic strategic shift for the company that built its business on proprietary AI systems.
- www.techrepublic.com: Find out how to provide OpenAI with your input about its upcoming open language model, which Sam Altman stated will be a "reasoning" model like OpenAI o1.
- AI News | VentureBeat: $40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
- www.theguardian.com: OpenAI raises up to $40bn in record-breaking deal with SoftBank
- Pivot to AI: OpenAI signs its $40 billion deal with SoftBank! Or maybe $30 billion, probably
- THE DECODER: OpenAI plans GPT-5 release in "a few months," shifts strategy on reasoning models
- AI News: Study claims OpenAI trains AI models on copyrighted data
- Charlie Fink: OpenAI Raises $40 Billion, Runway AI Video $380 Million, Amazon, Oracle, TikTok Suitors Await Decision
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Ryan Daws@AI News
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OpenAI is set to release its first open-weight language model since 2019, marking a strategic shift for the company. This move comes amidst growing competition in the AI landscape, with rivals like DeepSeek and Meta already offering open-source alternatives. Sam Altman, OpenAI's CEO, announced the upcoming model will feature reasoning capabilities and allow developers to run it on their own hardware, departing from OpenAI's traditional cloud-based approach.
This decision follows OpenAI securing a $40 billion funding round, although reports suggest a potential breakdown of $30 billion from SoftBank and $10 billion from Microsoft and venture capital funds. Despite the fresh funding, OpenAI also faces scrutiny over its training data. A recent study by the AI Disclosures Project suggests that OpenAI's GPT-4o model demonstrates "strong recognition" of copyrighted data, potentially accessed without consent. This raises ethical questions about the sources used to train OpenAI's large language models.
References :
- Fello AI: OpenAI Secures Historic $40 Billion Funding Round
- AI News | VentureBeat: $40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
- InnovationAus.com: OpenAI has closed a significant $40 billion funding round, led by SoftBank Group, pushing its valuation to $300 billion.
- Maginative: OpenAI Secures Record $40 Billion in Funding, Reaching $300 Billion Valuation
- www.theguardian.com: OpenAI said it had raised $40bn in a funding round that valued the ChatGPT maker at $300bn – the biggest capital-raising session ever for a startup.
- The Verge: OpenAI just raised another $40 billion round led by SoftBank
- SiliconANGLE: OpenAI bags $40B in funding, increasing its post-money valuation to $300B
- techxplore.com: OpenAI says it raised $40 bn at valuation of $300 bn
- THE DECODER: OpenAI nears completion of multi-billion dollar funding round
- Kyle Wiggers ?: OpenAI raises $40B at $300B post-money valuation
- THE DECODER: Softbank leads OpenAI's $40 billion funding round
- Verdict: OpenAI has secured a $40 billion funding round, marking the biggest capital raising ever for a startup, with a $300 billion valuation. The deal is led by SoftBank and backed by leading investors.
- Crunchbase News: OpenAI secured $40 billion in funding in a record-breaking round led by SoftBank, valuing the company at $300 billion.
- bsky.app: OpenAI has raised $40 billion at a $300 billion valuation. For context, Boeing has a $128 billion market cap, Disney has a $178 billion market cap, and Chevron has a $295 billion market cap.
- Pivot to AI: OpenAI signs its $40 billion deal with SoftBank! Or maybe $30 billion, probably
- TechInformed: OpenAI has raised more than $40 billion in a fundraise with Japanese telco SoftBank and other investors, valuing the ChatGPT company at more than $300bn.… The post appeared first on .
- CyberInsider: OpenSNP to Shut Down and Delete All User-Submitted DNA Data
- www.techrepublic.com: OpenAI Secures $40B in Historic Funding Round — But There’s a $10B Catch
- techstrong.ai: OpenAI has secured up to $40 billion in a record new funding round led by SoftBank Group that would give the artificial intelligence (AI) pioneer a whopping $300 billion valuation as it ramps up AI research, infrastructure and tools.
- SiliconANGLE: OpenAI to launch its first ‘open-weights’ model since 2019
- venturebeat.com: OpenAI to release open-source model as AI economics force strategic shift
- AI News: Study claims OpenAI trains AI models on copyrighted data
- Charlie Fink: OpenAI raises $40 billion, Runway’s $380 million raise and its stunning Gen-4 AI model, Anthropic warns AI may lie, plus vibe filmmaking with DeepMind.
- thezvi.wordpress.com: Greetings from Costa Rica! The image fun continues. We Are Going to Need A Bigger Compute Budget Fun is being had by all, now that OpenAI has dropped its rule about not mimicking existing art styles.
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DeeperML - #fundinground
