OpenAI Announces New For-Profit Structure to Tackle Costly AI Challenges

OpenAI, the organization behind ChatGPT, has unveiled plans to restructure its operations to secure substantial funding for advancing artificial intelligence (AI). The company aims to transition its for-profit arm into…

Perplexity AI Seeks $500M Funding at $8B Valuation

Perplexity AI, a rising player in the artificial intelligence space, is reportedly seeking to raise $500 million in new funding, which would bring the company’s valuation to an impressive $8…