OpenAI Closes In on $100 Billion Mega-Round at $850 Billion Valuation
OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.
Funding
Taalas Exits Stealth With $169 Million to Hardcode AI Models Into Silicon
Toronto startup Taalas raises $169M to build custom chips that permanently etch AI model weights into transistors, claiming 73x faster inference than Nvidia's H200 at a fraction of the power.
Nvidia's $100 Billion OpenAI Deal Collapses Into a $30 Billion Equity Bet
Nvidia abandons its $100B infrastructure partnership with OpenAI after five months of stalling, replacing it with a $30B equity stake as OpenAI's record-breaking funding round nears $100B at an $850B valuation.
AlphaGo Architect Raises $1B to Build Superintelligence Without LLMs
David Silver leaves DeepMind to launch Ineffable Intelligence, raising $1B in Europe's largest seed round to pursue superintelligence through reinforcement learning instead of large language models.
