OpenAI Finalizes $6.6B Share Sale, Hits $500B Valuation
OpenAI has completed a secondary share sale worth $6.6 billion, letting current and former employees sell stock at a new $500 billion valuation — a milestone in the company’s funding strategy.
Multimodal AI processes or generates more than one type of information, such as text, images, audio, video, sensor readings, or actions. A system might answer questions about a chart, create an image from a description, transcribe speech while recognizing speakers, or guide a robot using visual and language input. Models align different modalities in shared representations so information from one form can influence another. This creates flexible interfaces but also introduces new failure modes: visual content may contradict text, timing may be misaligned, and harmful information can cross between modalities. Evaluation must cover each input type, their combinations, accessibility needs, permissions, and the real conditions in which the system operates.
OpenAI has completed a secondary share sale worth $6.6 billion, letting current and former employees sell stock at a new $500 billion valuation — a milestone in the company’s funding strategy.
Elon Musk has broken new ground, achieving a net worth of $500 billion – the first time any person has ever crossed the half-trillion mark, according to Forbes.
OpenAI has introduced Sora 2, a next-generation video AI model with synchronized audio, improved physics, and tighter control, alongside a companion social app.
Opera today introduced Neon, an AI-powered browser that can run tasks and navigate pages autonomously — aiming to shift web browsing from passive to “agentic.”
OpenAI’s next version of its Sora video generator will default to including copyrighted content unless owners explicitly opt out – drawing criticism from media creators.
AI search startup Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after a $100 million round – signaling its rapid rise as a major rival to Google.