OpenAI forming $10 billion joint venture for enterprise AI

The venture, known internally as DeployCo, has backing from TPG, Bain Capital, Advent International, Brookfield, and Goanna ...

OpenAI's $852 billion valuation faces investor scrutiny amid strategy shift, FT reports

April 14 (Reuters) - OpenAI's $852 billion valuation is under scrutiny from some of its own backers as the company shifts its ...

OpenAI investors question $852bn valuation as strategy shifts

OpenAI’s $852 billion valuation is under increasing scrutiny from its own backers as the group switches focus to the ...

Anthropic’s rise is giving some OpenAI investors second thoughts

One investor who has backed both companies told the FT that justifying OpenAI's recent round required assuming an IPO ...

Sam Altman’s Next High-Wire Act: Getting OpenAI to Make More Money

Mr. Altman, who has faced criticism over OpenAI’s direction, has culled company projects and is trying to be more disciplined ...
Network World

40% of data center projects will be late this year, study finds

An exhaustive study by the Financial Times has found that almost half of all data centers projected to open this year are ...

Why is OpenAI’s $852B valuation facing investor scrutiny?

The news signals OpenAI’s pivot to enterprise and code—exactly where Azure + Copilot distribution monetizes model capability.
AOL

OpenAI changed its mission statement 6 times in 9 years. It finally removed the word “safely” as a core value when it restructured into a for-profit

When ChatGPT maker OpenAI restructured into a for-profit company, it removed all safety language from its mission statement. With investors now on the board who directly receive a share of ...

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

OpenAI executives say they will introduce a new artificial intelligence model for “high-value professional work” as the ...