OpenAI Welcomes Back Co-Founder Greg Brockman

November 13, 2024 – Greg Brockman, the co-founder and former president of OpenAI, has announced his official return to the company through a post on X. “The longest vacation of my life is over, and now it’s time to resume building @OpenAI,” Brockman stated. Brockman’s departure from OpenAI dates back to the days of the…

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Physical Intelligence Secures 400MillionInvestment,Reaching2.4 Billion Valuation with Bezos and OpenAI Support

November 07, 2024 – Physical Intelligence, a robotic startup in the United States, has announced the raising of 400millioninfunding,propellingitspost−moneyvaluationtoawhopping2.4 billion. According to a spokesperson from Physical Intelligence, the round was led by a prestigious group of investors including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Additionally, Khosla Ventures and Sequoia…

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OpenAI’s Revenue Surge: 75% from Consumer Subscriptions with ChatGPT Hitting 250 Million Weekly Active Users

October 30, 2024 – According to a report by Bloomberg, OpenAI generates approximately 75% of its revenue from consumer subscriptions, as disclosed by the company’s Chief Financial Officer, Sarah Friar. The consumer strategy of OpenAI revolves around its ChatGPT product, which offers a monthly subscription starting at $20. The report indicates that OpenAI has successfully…

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