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Venture
fromTechCrunch
1 week ago

Coding assistant Cursor raises $2.3bn five months after its previous round | TechCrunch

Cursor raised $2.3 billion at a $29.3 billion valuation to fund Composer AI development while facing competition from OpenAI and Anthropic.
Artificial intelligence
fromThe Verge
2 months ago

Microsoft and OpenAI have a new deal that could clear the way for an IPO

OpenAI and Microsoft reached a non-binding MOU to finalize new partnership terms while Microsoft invests heavily and develops its own competing AI models.
Artificial intelligence
fromFortune
2 months ago

OpenAI says spending to rise to $115 billion through 2029: Information

OpenAI projects spending through 2029 may reach $115 billion, driven by building server chips, facilities, and rising computing and AI model development costs.
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