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EXCLUSIVE: Quick-commerce startup Flink raises another $150M at a valuation of nearly $1B https://techcrunch.com/2024/09/16/flink-the-quick-commerce-startup-raises-another-150m-at-a-valuation-of-just-under-1b/

Many successful private companies choose to conduct an initial public offering (IPO) to raise capital for further growth. However, going public doesn't seem to be in the cards for OpenAI since it began as a non-profit organization. But fear not, you

OpenAI saga- Saturday Startup Story - 5 : In December 2015, Elon Musk, Sam Altman, and others co-founded OpenAI with a mission to ensure artificial general intelligence (AGI) benefits all of humanity. Initially structured as a non-profit, OpenAI aim

The Whole Ai War Summurized! Nov 30, 2022: OpenAI launches ChatGPT (built on GPT-3.5). Dec 5, 2022: ChatGPT reaches 1 million users within five days, setting a world record. 2023; Jan 2023: ChatGPT achieves 100 million users within two months of l

OpenAI's Massive Funding Round OpenAI, the AI powerhouse, is making big moves: • Raising $6.5B at a whopping $150B valuation 📈 • Nearly doubling previous $86B valuation • Seeking $5B credit line from banks 🏦 Who's in? • Thrive Capital leading •

Don't get me wrong, but I can't understand why Elon who is running a for-profit company (XAi) is making so much effort to not let OpenAi turn for profit I know that OpenAi was started as a non profit company, but they aldredy turned into a capped pr

Why open ai and sam altman are becoming a classic Netflix webseries for the future. 1. Ai as an evolution started by openai with their llm chatgpt. Remember whenever an path breaking thing happend in history there is a series on it. 2. Openai at 20

Sam Altman is considering turning OpenAI into a regular company: Sam Altman, CEO of OpenAI, is thinking about changing OpenAI from a "capped-profit" structure to a regular, for-profit company. OpenAI currently operates with a for-profit branch gover

In 2015, OpenAI started as a nonprofit with a big goal: to make AI helpful for everyone. But things changed. OpenAI turned into a for-profit company. Now it’s facing backlash from tech leaders like Mark Zuckerberg and Elon Musk. They say this chan

Open Thoughts about OpenAI So Ever Since OpenAI announced its plan to go for-profit, everyone, including Elon Musk, has been trolling OpenAI by calling it "CloseAI." While that’s kinda true, I think OpenAI turning for-profit isn’t a big deal and wa