OpenAI closes roughly $11 billion in funding at $1.25 trillion valuation
OpenAI has received roughly $11 billion in new funding, the initial portion of a round valuing it at $1.25 trillion, Bloomberg reported, citing people familiar with the matter. The money had been wired by Friday.
Anthropic IPO investors discuss lower $1.2 trillion to $1.3 trillion valuation
Prospective Anthropic IPO investors are discussing a valuation of $1.2 trillion to $1.3 trillion, down from the $1.4 trillion to $1.5 trillion range communicated to bankers days earlier, epyhia reported, citing Bloomberg through Investing.com.
Anthropic presses ahead with planned $80B-$100B IPO before Thanksgiving
Anthropic is continuing plans to list before Thanksgiving this month despite the tech stock rout, the Financial Times reported, citing sources. The Claude developer expects to raise $80B-$100B at a valuation of $1.25T to $1.75T. Those figures describe its planned offering.
Nvidia releases Reshard implementation to speed reinforcement learning weight transfers
Nvidia has made an open source implementation of Reshard available to transfer updated model weights between training and inference GPUs. The company reports speedups of 2.7x to 5.7x over conventional gather-and-broadcast transfers in NeMo RL benchmarks.
China allegedly recruited Nvidia customer executive to gather chip intelligence
China's Ministry of State Security recruited Megaspeed executive Alice Huang to gather intelligence on American AI chips through her relationship with Nvidia CEO Jensen Huang, The New York Times reported, as relayed by The Verge.
Nvidia reports faster FLUX 3 image generation with VisualGen optimizations
Nvidia reported that combined runtime optimizations accelerated FLUX 3 Image Klein Base image generation on a single B200 GPU.
