OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption. Its projected annual revenue figure based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong growth as the adoption and […]
Continue Reading
OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools. SoftBank would provide 75% of the funding, according to a person familiar with the matter, with the remainder coming from Microsoft, […]
Continue Reading
OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar with the matter said on Friday. SoftBank can pare back the size of the funding round to $20 billion if Microsoft-backed […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
