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OpenAI and Microsoft Corp. are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date while preserving the software giant’s access to artificial intelligence technology, the Financial Times reported Sunday. Microsoft is offering to give up some of its equity stake in OpenAI’s new for-profit business…
Former Palantir Technologies Inc. adviser Jacob Helberg plans to retain investments in dozens of artificial intelligence, defense and fintech companies as he starts his tenure as an under secretary of state in Donald Trump’s administration. Among the firms he’ll keep a stake in are OpenAI, Anduril Industries, SpaceX, the Boring Co. and Neuralink, Helberg said…
Alphabet and Nvidia have joined major venture capital firms in backing Safe Superintelligence (SSI) — a startup co-founded by former OpenAI chief scientist Ilya Sutskever. Within months of its launch, the SSI rapidly became one of the most valuable AI startups, and was recently valued at $32 billion, reported Reuters, citing sources aware of the…