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Daniel Mercer

By Daniel Mercer

Category: Industry

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• OpenAI
• NVIDIA
• Big Tech

Nvidia is reportedly close to investing $30 billion in OpenAI, according to Reuters, citing a source familiar with the matter. The stake would be part of a massive funding round in which OpenAI aims to raise more than $100 billion, valuing the ChatGPT developer at approximately $830 billion — potentially one of the largest private capital raises in history.

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Chris Borden

By Chris Borden

Category: Industry

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• Robotics

World Labs, the AI startup founded by AI pioneer Fei-Fei Li, has raised $1 billion in a new funding round. Investors include Autodesk ($200 million), Andreessen Horowitz, Nvidia, and AMD, the company said in a blog post.

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Daniel Mercer

By Daniel Mercer

Category: Industry

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• Elon Musk
• AI industry
• Grok
• AI startups
• xAI

Jimmy Ba, co-founder of Elon Musk’s AI startup xAI, has left the company. Ba was one of the twelve original founding members and previously served as an assistant professor at the University of Toronto, where he studied under AI pioneer Geoffrey Hinton.

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Chris Borden

By Chris Borden

Category: Industry

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• OpenAI
• AI Safety
• AI industry

It appears that Anthropic is beginning to feel the “OpenAI effect.” Growing commercialization and the need to raise billions of dollars are forcing the company into compromises—such as accepting funding from authoritarian regimes, cooperating with the U.S. Department of Defense and companies like Palantir, or even offering explicit praise for Donald Trump.

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Daniel Mercer

By Daniel Mercer

Category: Industry

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• OpenAI
• AI hardware

OpenAI will not use the name “io” for its planned AI hardware devices. This follows a court filing submitted as part of a trademark lawsuit brought by audio startup iyO, according to Wired. OpenAI had already removed references to the project in June 2025.