Good Morning,

OpenAI is reportedly finalizing a groundbreaking $40 billion funding round led by SoftBank, which would set a new record for private funding and nearly double the company’s valuation to $300 billion.

TODAY IN MORNING AI

• OpenAI Eyes Record-Breaking Funding Boost

• OpenAI is postponing the rollout of its 4.0 image generation feature

• AI infrastructure giant CoreWeave has slashed its IPO target

• Archetype AI launched “Lenses”

• AI fun fact

  and more…

Read Time: 5 Minutes 55 Seconds

AI HEADLINES
TOP AI STORIES

Butterfly Effect, the Chinese startup behind the Manus AI agent, is looking for fresh funding at a $500M valuation as it grapples with significant cash burn from Claude API costs.

OpenAI is postponing the rollout of its 4.0 image generation feature for free users and implementing rate limits, with CEO Sam Altman noting that the demand is "overwhelming" the company’s GPUs.

AI infrastructure giant CoreWeave has slashed its IPO target from $4B to $1.5B ahead of its Nasdaq debut on Friday, with Nvidia stepping in as a key anchor investor.

Archetype AI launched “Lenses” — a new category of physical AI applications for its Newton model that converts sensor data into actionable insights.

PwC introduced Agent OS, a platform designed to integrate multi-platform AI agents into enterprise workflows up to 10 times faster than traditional methods.

AI DEVELOPMENT
OpenAI Eyes Record-Breaking Funding Boost

OpenAI is reportedly finalizing a groundbreaking $40 billion funding round led by SoftBank, which would set a new record for private funding and nearly double the company’s valuation to $300 billion.

Key Details:

• SoftBank will initially invest $7.5 billion, with an additional $22.5 billion to follow later this year, alongside other investors such as Magnetar Capital, Coatue, and Founders Fund.

• OpenAI forecasts its revenue will triple to $12.7 billion by 2025, and it aims to become cash-flow positive by 2029, with projected revenue exceeding $125 billion.

• The company is believed to have lost up to $5 billion on $3.7 billion in revenue in 2024, largely due to costs associated with AI infrastructure and training.

• The funding will also help support OpenAI’s stake in Stargate, the $300 billion AI infrastructure joint venture announced with SoftBank and Oracle in January.

Why it Matters: OpenAI’s shift to a for-profit model is shaping up to be a record-setting one. Both its ambitious projections and investors’ confidence underscore the ongoing momentum of the AI industry. While competition intensifies, OpenAI continues to dominate the AI landscape in terms of influence and innovation.

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Brainstorm content ideas aimed at boosting user interaction and engagement on our website.

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AI DESIGNS

A photograph of two toads in a forest, pointing at each other. The image features detailed faces, eyes, bodies, and a detailed background. The overall style is realistic, with high resolution, high quality, and high level of detail. The artwork is in the style of Michael Whelan, Clyde Caldwell, and Richard Scarry. --chaos 50 --ar 3:4 --stylize 1000

AI FUN FACT
DID YOU KNOW?

AI research has shown that neural networks can mimic the brain's sleep cycles, with some models even "sleeping" to improve performance, just like humans do!

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