OpenAI bags $40B in funding, increasing its post-money valuation to $300B
OpenAI has closed on one of the largest-ever funding rounds for a private company, raising $40 billion at a $300 billion post-money valuation. The bumper funding round was led by SoftBank Group Corp. and saw participation from existing backers of OpenAI, including Microsoft Corp., Coatue Management, Thrive Capital and Altimeter Capital.
Alibaba Group Holding (NYSE:BABA) plans to release Qwen 3, an upgraded version of its flagship AI model, by April. China’s ...
Wave of new models out of Asia are threatening to undercut premium US offerings. Read more at straitstimes.com.
The ChatGPT maker is trying to balance closed models and open-source efforts, with plans for its first open model since 2019, ...
Alibaba Group Holding Ltd. has disclosed its intentions to launch Qwen 3, an enhanced version of its flagship AI model, as early as this month.
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BofA’s Michael Hartnett noted that investors are not paying attention to foreign markets like Japan and Europe, where stocks ...
Alibaba is preparing to release Qwen 3, its next-gen AI model, as early as this April. The update follows recent AI ...
HONG KONG] Alibaba Group Holding has released a new artificial intelligence (AI) model in its Qwen series that the company ...
Based on the easing of exclusivity by the two companies, analysts say these moves aren’t surprising, but they do have broader ...
The ecommerce and cloud computing leader in China came out with a new model in its Qwen 2.5 series just a week ago that can process text, pictures, audio and video ...
Alibaba’s response to DeepSeek’s breakthrough was swift and strategic. Just days after DeepSeek made headlines in late ...
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