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Tag: fundraising

  • New York Times – Artificial Intelligence : OpenAI Closes Deal That Values Company at $300 billion

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    Kurt Seifried
    in

    Source URL: https://www.nytimes.com/2025/03/31/technology/openai-valuation-300-billion.html Source: New York Times – Artificial Intelligence Title: OpenAI Closes Deal That Values Company at $300 billion Feedly Summary: The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors. AI Summary and Description: Yes Summary: OpenAI has successfully completed a $40 billion fundraising round, raising…

  • Hacker News: OpenAI closes $40B funding round, startup now valued at $300B

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    Kurt Seifried
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    Source URL: https://www.cnbc.com/2025/03/31/openai-closes-40-billion-in-funding-the-largest-private-fundraise-in-history-softbank-chatgpt.html Source: Hacker News Title: OpenAI closes $40B funding round, startup now valued at $300B Feedly Summary: Comments AI Summary and Description: Yes Summary: OpenAI has secured a record-breaking $40 billion funding round, valuing the company at $300 billion, which will be used primarily to advance AI research and scale its compute infrastructure.…

  • Enterprise AI Trends: Pay up or dumb down: OpenAI hints at $20K-a-month AI agents

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    Kurt Seifried
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    Source URL: https://nextword.substack.com/p/pay-up-or-dumb-down-openai-hints Source: Enterprise AI Trends Title: Pay up or dumb down: OpenAI hints at $20K-a-month AI agents Feedly Summary: Startups may need to start preparing for an AI “class divide" AI Summary and Description: Yes Summary: The text discusses the evolving monetization landscape for AI models, particularly emphasizing the shift from subsidized access…

  • Slashdot: Mozilla Wans to Expand from Firefox to Open-Source AI and Privacy-Respecting Ads

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    Kurt Seifried
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    Source URL: https://tech.slashdot.org/story/25/02/23/067249/mozilla-wans-to-expand-from-firefox-to-open-source-ai-and-privacy-respecting-ads?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Mozilla Wans to Expand from Firefox to Open-Source AI and Privacy-Respecting Ads Feedly Summary: AI Summary and Description: Yes Summary: The text discusses Mozilla’s strategic direction under President Mark Surman, focusing on enhancing its Firefox browser while integrating generative AI features to maintain relevance in an evolving tech landscape.…

  • New York Times – Artificial Intelligence : SoftBank in Talks to Invest Up to $25 Billion in OpenAI

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    Kurt Seifried
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    Source URL: https://www.nytimes.com/2025/01/30/technology/softbank-openai-ai-investment.html Source: New York Times – Artificial Intelligence Title: SoftBank in Talks to Invest Up to $25 Billion in OpenAI Feedly Summary: A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week. AI Summary and Description: Yes Summary:…

  • Cloud Blog: Announcing the 2025 Google for Startups Accelerator: AI First UK

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    Kurt Seifried
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    Source URL: https://cloud.google.com/blog/topics/startups/announcing-the-2025-google-for-startups-accelerator-ai-first-uk/ Source: Cloud Blog Title: Announcing the 2025 Google for Startups Accelerator: AI First UK Feedly Summary: According to the UK Department for Science, Innovation & Technology, the UK’s AI sector is rapidly expanding, with over 3,000 AI companies generating more than £10 billion in revenues, employing over 60,000 people, and contributing £5.8…

  • Hacker News: Amidst the Noise and Haste, Google Has Successfully Pulled a SpaceX

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    Kurt Seifried
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    Source URL: https://markmaunder.com/2025/amidst-the-noise-and-haste-google-has-successfully-pulled-a-spacex/ Source: Hacker News Title: Amidst the Noise and Haste, Google Has Successfully Pulled a SpaceX Feedly Summary: Comments AI Summary and Description: Yes Summary: The text provides a detailed timeline of Google’s advancements in AI hardware, specifically TPUs, and their strategic approach to vertical integration within the tech supply chain. It contrasts…

  • Slashdot: OpenAI Plans Corporate Overhaul To Draw More Investment

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    system automation
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    Source URL: https://slashdot.org/story/24/12/27/1321234/openai-plans-corporate-overhaul-to-draw-more-investment Source: Slashdot Title: OpenAI Plans Corporate Overhaul To Draw More Investment Feedly Summary: AI Summary and Description: Yes Summary: OpenAI’s transformation into a Delaware public benefit corporation marks a significant shift in its corporate model, aimed at facilitating greater fundraising potential to enhance AI development. This restructuring is particularly relevant in the…

  • Schneier on Security: AI and the 2024 Elections

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    system automation
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    Source URL: https://www.schneier.com/blog/archives/2024/12/ai-and-the-2024-elections.html Source: Schneier on Security Title: AI and the 2024 Elections Feedly Summary: It’s been the biggest year for elections in human history: 2024 is a “super-cycle” year in which 3.7 billion eligible voters in 72 countries had the chance to go the polls. These are also the first AI elections, where many…