OpenAI raising $6.6bn despite vague business prospects

OpenAI is blowing through money faster than it can boil lakes, is crowded by well-funded and cutting-edge competitors, and has yet to shape its AI tech into the revolutionary products implied by boss Sam Altman's ambitious prognostications. But big institutional investors are all in, pouring $6.6bn into the latest round. — Read the rest
The post OpenAI raising $6.6bn despite vague business prospects appeared first on Boing Boing.