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Collecting Cyber-News from over 60 sources
by
AI Giant Eyes Expansion Amid Structural Challenges. OpenAI on Monday closed a record $40 billion funding round, valuing it at $300 billion. SoftBank led with $30 billion, joined by Microsoft and others. Operational shifts accompanied OpenAI’s expansion. CEO Sam Altman announced stepping back from daily operations to focus on innovation.
First seen on govinfosecurity.com
Jump to article: www.govinfosecurity.com/openai-raises-40b-in-record-private-funding-round-a-27891
