OpenAI Raises $6.6bn, Valued at $157bn Amid AI Boom

OpenAI, the company behind the AI chatbot ChatGPT, has raised $6.6bn in its latest funding round, bringing its valuation to an astounding $157bn (£118bn). This positions OpenAI among the world's most valuable startups, on par with investment giants like Goldman Sachs and surpassing the market value of many of America's largest companies. Investors, including early…

October 3, 20240Comments

Byrwandatechnews

Global News

Sam Altman OpenAI CEO return controversy

In an unexpected turn of events, Sam Altman, co-founder of OpenAI, is set to resume his role as CEO just days after being ousted by the company's board. This surprising decision, still pending formal approval, also involves appointing new board members, marking a significant shift in the organization's leadership structure. Altman's abrupt removal from the…

November 22, 20230Comments

Byrwandatechnews

Global News

Sam Altman Ousted, OpenAI Leadership Change

Sam Altman, the former CEO of artificial intelligence firm OpenAI, has been removed by the company's board due to the board's loss of confidence in his leadership abilities. This move has come to light amid an ongoing trial in the United States, where Google is defending itself against monopoly claims. The board's decision was based…

November 18, 20230Comments

Byrwandatechnews

Global News

Sam Altman’s Worldcoin Launch Retina-Scanning Cryptocurrency

Worldcoin, a daring crypto startup co-founded by OpenAI CEO Sam Altman's Worldcoin Launch, has the worldwide distribution of its services, aiming to create a dependable method for discerning humans from AI online, support global democratic systems, and significantly enhance economic opportunities. The startup has garnered around $250 million in funding, with Andreessen Horowitz, Khosla Ventures, and Reid…

July 26, 20230Comments

Byrwandatechnews

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