SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private…
Tag: OpenAIbacked
OpenAI-backed biotech firm Chai Discovery raises $130M Series B at $1.3B valuation
Chai Discovery, a biotech startup with backing from OpenAI, announced an $130 million Series B round at a $1.3 billion…
OpenAI-Backed AI-Made Animated Movie Headed to Theaters
A new animated movie made mainly with AI could challenge the time and resources it takes to put together a…
OpenAI-Backed Health Startup Valued at Over $1 Billion
Ambience Healthcare, a startup focused on streamlining administrative work for medical professionals, has raised $243 million in a new round…