OpenAI raising $6.6bn despite vague business prospects
OpenAI is blowing through money faster than it can boil lakes, is crowded by well-funded and cutting-edge competitors, and has yet to shape its AI tech into the revolutionary products implied by boss Sam Altman's ambitious prognostications. But big institutional investors are all in, pouring $6.6bn into the latest round. — Read the rest
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Rob Beschizza, Khareem Sudlow
