The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the ...

As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that ...

Murati’s former colleague Ilya Sutskever, ex-chief scientist at OpenAI, is going one further. His pre-revenue, pre-product AI company Safe Superintelligence is in talks to raise funds at a $30bn ...

Palo Alto based AI coding provider Turing has raised $111 million in a Series E funding round, doubling its valuation to $2.2 ...

A U.S. judge on Tuesday denied billionaire Elon Musk’s request for a preliminary injunction to pause OpenAI’s transition to a for-profit model but agreed to a fast-track trial in the fall of this year ...

Sutskever’s standing in OpenAI became shakey in 2023 when he led an unsuccessful ouster of CEO Sam Altman. In May of last ...

Despite the revenue growth, Anthropic has projected a burn of $3 billion this year due to high costs of developing its AI ...

CoreWeave is one of the tech companies that has capitalized on the AI boom by leveraging an early investment in Nvidia and ...

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

Andrej Karpathy, an OpenAI co-founder and research scientist who has quit the A.I. powerhouse twice, has been making waves in ...