OpenAI

Harvey reportedly in discussions to raise $250M at $5B valuation

Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in […]

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OpenAI pledges to publish AI safety test results more often

OpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit is saying is an effort to increase transparency. On Wednesday, OpenAI launched the Safety evaluations hub, a web page showing how the company’s models score on various tests for harmful content generation, jailbreaks, and hallucinations.

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OpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffs

OpenAI’s ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg. Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 million for AI infrastructure in the U.S. and

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Microsoft and OpenAI may be renegotiating their partnership

OpenAI is currently in “a tough negotiation” with its biggest investor and partner, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will still be in

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OpenAI’s enterprise adoption appears to be accelerating, at the expense of rivals

OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for

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