Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. After a brief hiatus, we’re back with a few show notes on OpenAI’s DevDay. The keynote yesterday morning in San Francisco was remarkable for its subdued tone — a contrast to the rah-rah, hypebeast-y address from […]
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Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. This week in AI, synthetic data rose to prominence. OpenAI last Thursday introduced Canvas, a new way to interact with ChatGPT, its AI-powered chatbot platform. Canvas opens a window with a workspace for writing and coding […]
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Geoffrey Hinton accepted a Nobel Prize this week, recognizing the foundational work on artificial neural networks that earned him the nickname “godfather of AI.” In a speech Tuesday, Professor Hinton praised one student – alluding to OpenAI’s former Chief Scientist, Ilya Sutskever – for revolting against OpenAI’s CEO. “I was particularly fortunate to have many […]
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How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be […]
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In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving line of credit, it disclosed in a post Wednesday night. The arrangement gives it “access to over $10 billion in liquidity, which gives us the flexibility to invest in new […]
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Unify, an AI-powered startup that uses data to reach prospective buyers, has raised a $12 million Series A led by existing investors Emergence Capital and Thrive Capital. OpenAI Startup Fund, Neo, Abstract, 20Sales, and AltCap also participated in the round. The 20-month-old company went through OpenAI’s Converge I accelerator last year and, following that program, […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again brought us AI funding news, as well as some warnings: Some categories and stages are showing signs of overheating. Luckily, we also spotted […]
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The New York Times on Thursday published a look at the “fraying” relationship between OpenAI and its investor, partner, and, increasingly, rival, Microsoft, reporting their five-year romance has cooled owing to financial pressure on OpenAI, the limited computing power Microsoft is providing OpenAI, and disagreements between the two about ground rules. Most fascinating perhaps is […]
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OpenAI said in a post on X that it is opening new offices in multiple cities, including NYC, Seattle, Paris, Brussels, and Singapore, in addition to its existing locations in San Francisco, London, Dublin and Tokyo, as part of the company’s global expansion efforts. The expansion effort follows the San Francisco-based ChatGPT maker’s whopping $6.6 […]
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San Francisco’s Mission district isn’t known for corporate offices, but it’s now home to two of the world’s most well-funded AI startups. Elon Musk’s artificial intelligence startup, xAI, recently moved into a new office in the Mission: the same building that served as OpenAI’s headquarters for several years, according to the San Francisco Business Times. […]
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