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Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” TechCrunch reported. If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI’s $40 billion raise
OpenAI CEO Sam Altman told employees in a memo on Tuesday that the company hasn’t received “anything official” from Elon Musk regarding a potential purchase of the artificial intelligence startup, CNBC reported. “Our structure exists to ensure that no individual can take control of OpenAI,” Altman wrote, in the memo that was obtained by CNBC. “Elon runs a competitive AI
OpenAI is announcing a new AI “agent” designed to help people conduct in-depth, complex research using ChatGPT, the company’s AI-powered chatbot platform, TechCrunch reported. Appropriately enough, it’s called deep research. OpenAI said in a blog post published Sunday that this new capability was designed for “people who do intensive knowledge work in areas like finance, science, policy, and engineering and
President Biden issued an executive order today aimed at speeding the development of AI data centers in the U.S, The Verge reported. It directs the Department of Defense (DOD) and Department of Energy (DOE) to lease federal sites to private companies building gigawatt-scale AI data centers and clean power facilities. It also tells federal agencies to “prioritize” and speed up
OpenAI saved its biggest announcement for the last day of its 12-day “shipmas” event, TechCrunch reported. On Friday, the company unveiled o3, the successor to the o1 “reasoning” model it released earlier in the year. O3 is a model family, to be more precise — as was the case with o1. There’s o3 and o3-mini, a smaller, distilled model fine-tuned
Earlier this year, Meta previewed Movie Gen, an AI video tool that looked impressively realistic (at least in the sample clips it released.) At the time, though, Meta said it was still a research project with no immediate plans to make the features available to users, Engadget reported. But now it seems that Movie Gen could arrive on Instagram sooner
OpenAI on Thursday launched a search feature within ChatGPT, its viral chatbot, that positions the high-powered artificial intelligence startup to better compete with search engines like Google, Microsoft’s Bing and Perplexity, CNBC reported. ChatGPT search offers up-to-the-minute sports scores, stock quotes, news, weather and more, powered by real-time web search and partnerships with news and data providers, according to the