OpenAI raised $8.3 billion at a $300 billion valuation in a heavily oversubscribed round led by Dragoneer Investment Group, as the company's revenue surges toward $20 billion annually while navigating a complex restructuring from nonprofit to for-profit status.
Genie 3 is a real-time world model that generates 3D environments that remain coherent for minutes at a time and can be customized using "promptable world events. DeepMind has highlighted Genie 3's potential for creating new training and education opportunities for a wide variety of agents.
OpenAI's very busy week, from its funding round to its model launches; Clay's $100M Series C; Lovable's new unicorn status; Latent Labs' new no-code web interface; Google DeepMind's Aeneas; FuriosaAI's new partnership with LG AI Research; and more
OpenAI has finally launched GPT-5, an AI system that combines a non-reasoning model, a reasoning model, and a router that determines which model should be used with each user query. GPT-5 is coming to all ChatGPT users and to OpenAI's API platform at staggeringly competitive prices.
Clay raised $100 million in Series C funding at a $3.1 billion valuation, as the company remains on track to bring in $100 million in revenue. The raised funding will be allocated to accelerate product development, as the company continues developing its "IDE for GTM".
OpenAI released its first open-weight models since 2019: the text-only gpt-oss-120b and gpt-oss-20b. This launch marks a strategic shift for the company, amid pressure from Chinese AI labs and the Trump administration's push for open U.S. AI technologies.
Apple reportedly considering third-party AI technologies to power the new Siri; Clio acquired vLex; Tech companies score two victories in copyright infringement rulings; Synthflow AI's Series A; Abridge's Series E; Harvey's $300M Series E; and more.
Meta's controversial partial acquisition of Scale AI, Microsoft's Sora-powered video generator, Moments Lab's Series B, Anysphere's third funding round, Multiverse Computing's Series B, a deep learning-assisted painting restoration technique, and more.
Highlights from the Nvidia GTC 2025 keynote, OpenAI's new tools for building agents, Gleamer's recent acquisitions, and OpenAI's decision to invest in CoreWeave as tensions with Microsoft continue to rise.
