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OpenAI Closes Deal That Values Company at $300 Billion

OpenAI said on Monday that it had completed a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just six months ago. The new fund-raising round, led by the Japanese conglomerate SoftBank, values OpenAI at $300 billion, making it one of the most valuable private companies in the world, along with the…

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OpenAI Unveils New Image Generator for ChatGPT

Chatbots were originally designed to chat. But they can generate images, too. On Tuesday, OpenAI beefed up its ChatGPT chatbot with new technology designed to generate images from detailed, complex and unusual instructions. For instance, if you describe a four-panel comic strip, including the characters who appear in each panel and what they are saying…

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