Onebillion

Bloomberg reports that OpenAI is on the verge of completing a $40 billion funding injection. To put the funding in perspective, Nicaragua's annual GPD is approximately $17 billion, while Iceland's comes in at around $33 billion USD.

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate,

OpenAI has launched a more powerful version of its o1 "reasoning" AI model, o1-pro, in its developer API. It's incredibly expensive.

Open-source AI agent startup Onyx, which queries company documents and tools, raised a $10 million seed round led by Khosla Ventures and First Round.

A Boston drug discovery company that uses AI has hit unicorn valuation. It uses transformer diffusion models, which its CEO says can "understand the concept of time and how you change, from cradle to grave.

In a groundbreaking move that underscores the rapid advancements in artificial intelligence (AI), major industry players OpenAI, SoftBank, and Oracle

Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.