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Top stories today:
- OpenAI’s $150B valuation round reportedly oversubscribed
- o1-preview, o1-mini expanded to ChatGPT Enterprise, ChatGPT Edu
- Apple Intelligence goes live with some AI features, but in beta
- Brazil imposes $1M/day fine on Elon’s X following its temporary return
- Trump Media stock -3% as lockup agreement expires
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. OpenAI’s $150B valuation round reportedly oversubscribed
$250M is the minimum OpenAI has reportedly asked investors to put in the ongoing round.
$5-$7B could be the round size, valuing the company at $150B.
$1B: Thrive is leading with that amount.
$2-$3B could come from tech giants Microsoft, NVIDIA, and Apple.
The funding round is said to be oversubscribed, and investors will know whether they’re in on Fri.
2. o1-preview, o1-mini expanded to ChatGPT Enterprise, ChatGPT Edu tiers
Earlier this month: o1 models debuted to provide better reasoning outputs.
o1 models are more capable of handling complex tasks than earlier models.
OpenAI is competing with Anthropic by taking the enterprise-focused move.
The o1 models have been receiving positive reviews from early users
Data scientists, doctors, and AI professors have praised o1’s “thinking” abilities.
However, o1 models are significantly more expensive than GPT-4o.
GitHub is also adding o1 to its GitHub Copilot coding assistant.
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