OpenAI’s $150 billion valuation will reportedly depend on whether it can change its corporate structure. That’s according to a report Saturday (Sept. 14) by Reuters, citing sources with knowledge of the matter, who say the valuation is…
OpenAI has unveiled its new model, termed OpenAI o1, which features “enhanced reasoning capabilities.” This model has a unique ability to take more time to consider responses before delivering them, mimicking human thought processes.…
It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at a $150 billion pre-money valuation. Now Reuters…
OpenAI this week unveiled a preview of OpenAI o1, also known as Strawberry. The company claims that o1 can more effectively reason through math and science, as well as fact-check itself by spending more time considering all parts of a…
OpenAI should've stuck with the name Strawberry for o1, avoiding user confusion between models named 4o and o1, and helping humanize the tech — OpenAI releases o1, its first model with ‘reasoning’ abilities — But it's not cheap. — The…
OpenAI reportedly plans to charge a steep price for a new ChatGPT premium subscription plan, which could go as high as $2,000 monthly for businesses. According to the report by "The Information," OpenAI aims to introduce premium tiers that…
Sam Altman has told OpenAI staff members during their weekly meeting that the company is changing its rather convoluted non-profit corporate structure next year, according to Fortune. The CEO said OpenAI will move away from being…
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support…
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors — OpenAI's new financing round is expected to come in the form of convertible…