The Information:
Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others — OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise …
Wall Street Journal:
A profile of OpenAI, which raised $1B from Microsoft after Sam Altman demoed an AI model to Satya Nadella in 2019, as some remain skeptical about its revenue — Behind ChatGPT and other AI breakthroughs was Sam Altman’s fundraising—but skeptics remain — ChatGPT, the artificial-intelligence …
Nitasha Tiku / Washington Post:
OpenAI plans to remove the waitlist for DALL-E today, giving anyone immediate access; Sam Altman says a public release is an essential step for safe development — None of these photos were taken by a camera. — All of these images were created by the artificial intelligence text …
Cade Metz / New York Times:
A look at Anthropic, which raised $580M led by SBF in April to research “AI safety”, and 70 AI-related organizations SBF and FTX executives invested $530M+ in — Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence.
Natasha Mascarenhas / TechCrunch:
Rewind, whose Mac app creates a searchable recording to help users find what they’ve seen, said, or heard, raised a $10M seed led by a16z at a $75M valuation — Apple’s M1 and M2 chips give Optimizely co-founder a key in — While there have been quite a few attempts to disrupt search engines …
Kate Clark / The Information:
SBF quietly invested $500M+ in Paradigm, Altimeter, and other VCs, including, sources say a $200M commitment to Sequoia, and $300M to K5 per PitchBook — FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms including Paradigm and Sequoia Capital …
Catarina Moura / The Block:
Golden, which is building a Web3 data protocol that is expected to fully launch in Q2 2023, raised a $40M Series B led by a16z, bringing total funding to $60M — – Golden has raised $40 million in a series led by a16z crypto. — The Series B round included high-profile investors …
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