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Thinking Machines Seeks $1 Billion at $40 Billion Valuation

The round will test whether investors will pay a very high revenue multiple for a company that charges for compute to adapt open-weight models.

River AI Raises $1.1 Billion in Initial Round

OpenAI Becomes Public Benefit Corporation at $500 Billion Valuation as Microsoft Takes 27% Stake

OpenAI Tops $10 Billion in Annual Recurring Revenue Fueled by ChatGPT