OpenAI says it raised $40 billion funding, doubling its valuation to $300 billion – The Times of India

OpenAI, the maker of ChatGPT, has secured $40 billion in fresh funding from SoftBank Group and additional investors, valuing the AI firm at $300 billion, establishing a record for startup capital raising.The new valuation is nearly double OpenAI’s previous worth of $157 billion from its October fundraising. Bloomberg disclosed on March 26 that OpenAI was…

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Google DeepMind CEO may have just agreed with his former co-founder and now Microsoft AI CEO Mustafa Suleyman on ‘AI matching human intelligence’ – The Times of India

(AP Photo/Thibault Camus) Google DeepMind CEO Demis Hassabis predicts that artificial general intelligence (AGI) capable of matching or exceeding human capabilities could emerge within the next five to ten years, signaling a profound shift in the AI landscape.“I think over the next five to 10 years, a lot of those capabilities will start coming to…

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‘Not for sale’: OpenAI rejects Elon Musk’s $97.4 billion takeover offer – The Times of India

OpenAI’s board of directors unanimously rejected on Saturday an offer from Tesla CEO Elon Musk to buy the artificial intelligence company for $97.4 billion.“OpenAI is not for sale, and the board has unanimously rejected Mr Musk’s latest attempt to disrupt his competition,” OpenAI’s board chairman Bret Taylor said in a statement posted on X, formerly…

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