JAMIE CARR: Cracking the clever code
OpenAI bears its ‘start-up’ label with pride but it’s been jousting on the same level as the tech giants for some time already
19 September 2024 - 05:00
OpenAI: Cracking the code
The traditional idea of a start-up involves a couple of pallid college dropouts tinkering in a garage, maxing out their credit cards and hammering friends and family to fund the development of a concept that might one day raise a little interest from a real investor. Somehow OpenAI is still hanging on to the start-up label, despite its latest fundraising round aiming to raise north of $5bn at the distinctly grown-up valuation of $150bn. ..
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