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OpenAI Passes the Hat; Midjourney Takes the Cake
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OpenAI CEO Sam Altman is back to doing what he does best: raising money. The ChatGPT creator has had preliminary conversations about a $100 billion-valuation fundraising, Bloomberg reported Friday, even though its tender offer at a $86 billion valuation isn’t yet complete.
Given Altman’s past comment that OpenAI may need to raise $100 billion in capital to accomplish its goals of artificial general intelligence—a term that has since been upgraded to “superintelligence”—none of this should be a surprise. …
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