OpenAI says it has evidence China’s DeepSeek used its model to train competitor
OpenAI says Chinese companies are trying to use US models to train AI
The new AI app DeepSeek disrupted global markets this week after releasing a model that could compete with US models like ChatGPT but was more cost-effective. View on euronews
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Chinese company Alibaba says its AI model trounces its DeepSeek and OpenAI competitors
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank in talks to invest up to $25bn in OpenAI
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
SoftBank Said to Be in Talks to Invest as Much as $25 Billion in OpenAI
OpenAI struggles to price Microsoft stake in deal to become for-profit company
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Hedge funds take Miami Beach
Plus, French AI pioneer Mistral weighs its future as DeepSeek changes the game and the lucrative business of airline loyalty programmes
The Financial Times7d
Stargate artificial intelligence project to exclusively serve OpenAI
SoftBank also invested in OpenAI during a $6.6bn fundraising round in October, which valued the start-up at $157bn, and the Financial Times reported the Japanese group planned to purchase an additional $1.5bn of stock in the company in November.
Massive valuation: OpenAI in talks to raise up to $40 billion that would value ChatGPT owner at a whopping $340 billion, says report
The funds will support key initiatives like the Stargate project and help reduce OpenAI’s reliance on Microsoft as it shifts to a for-profit model.
Google invests further $1bn in OpenAI rival Anthropic
The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.
Masayoshi Son Picks Odd Time To Bet Big On OpenAI
The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times report on Thursday. Click to read.
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OpenAI seeking $40B in new fundraising round: report
SAN FRANCISCO ― OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
The Financial Times7d
OpenAI struggles to price Microsoft stake in deal to become for-profit company
OpenAI’s board is locked in complex negotiations ... Clauses relating to AGI are being written out of the new structure, the Financial Times has previously reported. The company’s complex ...
FirstFT: OpenAI’s Altman vows ‘better models’ amid DeepSeek challenge
Also in today’s newsletter, Vanke’s crisis reignite fears for China’s property sector, and Tesla sues EU over tariffs on EVs from China
OpenAI Says DeepSeek May Have Improperly Harvested Its Data
The San Francisco start-up claims that its Chinese rival may have used data generated by OpenAI technologies to build new systems.