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.
Perplexity is a language-model evaluation metric derived from average cross-entropy loss. Intuitively, it reflects how many plausible choices the model appears to consider at each step; lower perplexity means the model assigns higher probability to the observed sequence. It is useful for comparing similar models on the same tokenized dataset, but it is not directly comparable across different vocabularies, tokenizers, or evaluation procedures. A lower score does not necessarily mean responses are more factual, helpful, safe, or preferred by people. Data contamination can also produce deceptively strong results. Perplexity is best treated as a training and predictive-fit measure alongside task-specific and human evaluations.
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.
OpenAI has introduced Sora 2, a next-generation video AI model with synchronized audio, improved physics, and tighter control, alongside a companion social app.
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.