Openai

OpenAI • OpenAI

OpenAI reportedly secures $11B in commitments at $1.25T valuation, below $1.4T target: Sources say OpenAI has secured about $11 billion in commitments for its latest funding round, less than half its initial $30 billion target. The round values the ChatGPT maker at $1.25 trillion, below its $1.4 trillion target, and OpenAI expects to raise more in coming weeks.

ADT • acquisition

OpenAI-backed Thrive Holdings buys ADT in $15.3B deal to add AI: OpenAI-backed Thrive Holdings is acquiring ADT in a $15.3 billion deal. The companies plan to bring AI to ADT's home security business.

OpenAI • OpenAI

OpenAI offers up to 90% discounts to win over Anthropic's customers: OpenAI is offering discounts of up to 90% to win over Anthropic customers, The Decoder reports. Rippling, Replit and DataCamp say switching cut their AI costs by up to 90%.