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OpenAI reportedly buys Glass Imaging for more than $300 million

OpenAI reportedly buys Glass Imaging for more than $300 million Image: Primary
OpenAI has bought smartphone-camera company Glass Imaging in a deal worth more than $300 million, The Wall Street Journal reported, according to TechCrunch. Glass Imaging uses neural networks trained on individual smartphone camera systems to improve images at capture rather than edit them afterward. The company was founded by former Apple engineers Ziv Attar and Tom Bishop and had raised about $30 million. OpenAI did not respond to TechCrunch's request for comment.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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AI Infrastructure
AI Infrastructure

Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

AI Capital
AI Capital

Dulo raises $130M seed for AI models for hardware design

Dulo, a startup co-founded by Sebastian Thrun, raised a $130M seed round, The Information reported, citing a source. The startup is developing AI models for hardware design. Thrun previously pioneered several AI projects at Google.