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Good morning. Today's top story is that “OpenAI Seeks Funding at Over $100 Billion Valuation“.

In today’s topics:

1. OpenAI Seeks Funding at Over $100 Billion Valuation

2. 11 New Quick Hits

3. Customer Feedback Loop with AI

4. 4 Trending AI Tools

Read Time: 5 Minutes

LATEST NEWS & QUICK HITS

OpenAI Seeks Funding at Over $100 Billion Valuation

The Veroneus: OpenAI is in talks for a funding round that might boost its value to, over $100 billion according to CNBC.

The Details:

• Thrive Capital is anticipated to spearhead the funding campaign by chipping in $1 billion.

• OpenAI’s worth ballooned from $29 billion in the year to an approximate $80 billion at the start of this year.

• The company's annualized revenue is believed to have exceeded $2 billion in early 2023.

• OpenAI recently announced its plans to introduce a prototype of its search engine called Search GPT in the near future.

The Significance: The considerable estimated worth of $100 billion showcases OpenAI’s expansion and the growing significance of artificial intelligence in the technology sector. Introducing Search GPT might pose a challenge to Google’s stronghold in the search engine industry by providing approaches to discovering information, on the internet.

⚡️Quick Hits

• Apple and NVIDIA are in discussions to invest in OpenAI

• Google's AI chatbot for Gmail inbox begins rolling out on Android

• OpenAI and Anthropic will share models with the US government

• Big Websites are refusing Apple's AI Data Collection

• Microsoft's AI is gaining traction with enterprises

• Plaud’s NotePin: An AI wearable for remembering everything

• Nvidia shares drop despite record sales

• New AI can hallucinate 1993's Doom in real time

• Google revamps AI image tool after backlash

• Midjourney teases new hardware product

• AI's energy race in the US clashes with Bitcoin mining

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