Source: CNBC
Summary
OpenAI has raised $110 billion in private funding, the company announced. This funding will be used to further develop and refine its AI technology. The announcement was made alongside the release of new numbers highlighting the company’s growth and progress. According to OpenAI, the funding will help the company achieve its goal of creating more advanced AI systems. The company did not provide further details on how the funding will be used.
Our Reading
The announcement sounds ambitious.
OpenAI raises $110 billion in private funding, because that’s what you need to change the world, apparently. The company promises to use this funding to create more advanced AI systems, because that’s what they’ve been saying for years. The “new numbers” they shared are likely just a rehash of existing metrics. This funding round is just another chapter in the never-ending story of AI hype. And we’re still waiting for the actual breakthroughs.
Author: Evan Null
