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OpenAI, SoftBank
SoftBank eyes investing $1.5B in OpenAI through new tender offer - report
OpenAI employees will have the option of cashing out of their shares worth around $1.5B in a tender offer to SoftBank (OTCPK:SFTBY), two people familiar with the matter told CNBC. Employees have till December 24 to decide on participating in the tender offer,
SoftBank Group Plans to Invest $1.5 Billion in OpenAI Through Tender Offer
The Japanese tech investment company is starting a tender offer to buy shares worth $1.5 billion in OpenAI from employees of the startup, a person familiar with the matter said.
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.
OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources say
(Reuters) -ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday.
OpenAI allows employees to sell $1.5 billion stock to SoftBank, CNBC reports
The report comes after Microsoft-backed OpenAI completed a $6.6 billion funding round from investors, including SoftBank in October at a valuation of $157 billion. CNBC said the new financing was spurred by SoftBank's billionaire CEO Masayoshi Son,
OpenAI hits pause on video model Sora
OpenAI suspends access to Sora after alleged leak sparks controversy
OpenAI halts Sora access following a leak by protestors accusing the company of exploiting artists' unpaid labor for PR benefits.
OpenAI hits pause on video model Sora after artists leak access in protest
OpenAI shut down its highly anticipated video generation service Sora, after artists invited to test its capabilities staged a protest that allowed anyone to use it.
Artists Stick It to ‘AI Overlords’ and Leak OpenAI’s Sora Video Generator
A group of artists who say they were given early access to OpenAI's Sora video generation model released a version of the tool to the public.
1h
Inside Elon Musk’s Quest to Beat OpenAI at Its Own Game
The Tesla CEO is racing to make xAI, which launched after its competitors, the world’s most advanced AI company.
1d
OpenAI blamed NYT for tech problem erasing evidence of copyright abuse
OpenAI keeps deleting data that could allegedly prove the AI company violated copyright laws by training ChatGPT on authors' ...
20h
OpenAI Bets ‘Beating China’ Will Help It Withstand Musk-Trump Alliance
As the next administration prepares to take office — with Elon Musk at Trump’s side — OpenAI has officially entered politics.
18h
on MSN
Orange enlists Meta and OpenAI to develop AI language models in Africa
Orange will enlist OpenAI and Meta to fine-tune AI Large Language Models (LLMs) to translate regional African languages for ...
20h
on MSN
OpenAI is the definitive consumer brand for AI at this point, says Bedrock Capital's Geoff Lewis
Geoff Lewis, Bedrock Capital founder and managing partner, joins 'Squawk Box' to discuss the state of the AI technology race, ...
EconoTimes
17h
OpenAI's Sora Sparks Artist Backlash: 'We’re Not Free Bug Testers for Billion-Dollar Brands'
OpenAIs early access program for Sora, a generative AI tool marketed as a creative partner for artists, is facing severe ...
2h
SoftBank Boosts Stake In OpenAI By $1.5 Billion
ChatGPT creator OpenAI will allow its employees to sell shares worth roughly $1.5 billion to Japanese tech investor SoftBank, CNBC reported on Wednesday.
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