burn

Blog

OpenAI continues to burn money – Computerworld

The latest financing round — led by Thrive Capital, a US venture capital firm that plans to invest $1 billion — brought in $6.6 billion and pushed the company’s valuation to $157 billion. At the same time, OpenAI is warning investors away from rivals like Anthropic, xAI and Safe Superintelligence (SSI), a startup launched by OpenAI co-founder Ilya Sutskever. Microsoft…