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Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Microsoft keeps rights to sell OpenAI models (The Information)

The Information : Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Micr...

2 July 2024

Sources: Magic, a US startup developing AI models for coding tasks, is in talks to raise $200M+ at a $1.5B valuation (Reuters)

Reuters:
Sources: Magic, a US startup developing AI models for coding tasks, is in talks to raise $200M+ at a $1.5B valuation  —  Magic, a U.S. startup developing artificial-intelligence models to write software, is in talks to raise over $200 million in a funding round valuing it at $1.5 billion …

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