OpenAI’s new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors.
Related Posts
Odyssey Building ‘Hollywood-Grade’ AI Text-to-Video Model to Compete With Sora, Gen-3 Alpha
Odyssey, the artificial intelligence (AI) startup which was founded last year, shared details about its first AI product on Monday. The startup revealed that it […]
Bitcoin Creates New All Time High Trading Close to $75,000 Ahead of US Election Results
The overall crypto market cap rose by 11.05 percent over the last day. As BTC trades at a new all-time high, most altcoins have shown […]
HP OmniBook X Review: Don’t Get Fooled by Its Basic Design
HP’s new OmniBook X gives the term ultrabook new meaning. It’s light, slim, and offers excellent performance while delivering impressive battery life. This is all […]