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OpenAI raising $6.6bn despite vague business prospects

Monday October 7, 2024. 04:42 PM , from BoingBoing
OpenAI is blowing through money faster than it can boil lakes, is crowded by well-funded and cutting-edge competitors, and has yet to shape its AI tech into the revolutionary products implied by boss Sam Altman's ambitious prognostications. But big institutional investors are all in, pouring $6.6bn into the latest round. — Read the rest
The post OpenAI raising $6.6bn despite vague business prospects appeared first on Boing Boing.
Read more at BoingBoing
https://boingboing.net/2024/10/07/openai-raising-6-6bn-despite-vague-business-prospects.html

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