Sam Altman’s Merge Labs Raises $250M With Backing From OpenAI
OpenAI has invested in Merge Labs, a brain-computer interface startup founded by CEO Sam Altman, as part of a $250 million seed round valuing the company at $850 million.
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OpenAI has invested in Merge Labs, a brain-computer interface startup founded by CEO Sam Altman, as part of a $250 million seed round valuing the company at $850 million.
Anthropic’s Claude now offers healthcare and life sciences AI tools, including HIPAA-compliant connectors and support for clinical trials, regulatory, and research tasks.
xAI closed a $20 billion Series E round, exceeding its original target and adding strategic backing from NVIDIA and Cisco. The funding supports expanded data center capacity, large-scale GPU deployment, and continued development of the Grok model family.
OpenAI is paying employees an average of $1.5 million in stock-based compensation, far exceeding peer startups as it races to retain top AI talent. The strategy is inflating losses and reshaping expectations ahead of a potential IPO.
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with U.S. peers.
Amazon is reportedly in early talks to invest up to $10 billion in OpenAI in a deal tied to the use of its AI chips. The discussions reflect a broader trend of circular partnerships shaping the AI infrastructure market.
OpenAI released a new version of ChatGPT Images powered by a flagship image generation model that delivers faster output and more precise edits. The update also introduces a dedicated Images workspace and a lower-cost API offering, GPT Image 1.5.
SoftBank and Nvidia are negotiating a $1 billion investment in Skild AI, potentially valuing the robotics-focused AI startup at $14 billion, reflecting strong investor interest in humanoid robotics.
For the first time, Washington is close to deciding how artificial intelligence should be regulated — but the fiercest battle isn’t over safety standards. It’s over whether states should retain the authority to pass their own AI laws.
OpenAI and Perplexity introduced AI shopping tools this week, helping users find products through chat-based queries. Experts say startups with niche datasets may still outperform general-purpose chatbots.