VENTURE CAPITAL POST

Makers of ChatGPT and iPhone are reportedly seeking funds to create a personal device that would integrate the two.

OpenAI has announced its new board lineup following an internal investigation into the sudden ousting of CEO Sam Altman in November.

OpenAI has issued a public rebuttal to the lawsuit filed by Elon Musk against the company by releasing a series of emails showing the tech billionaire's support for the firm's plan to raise more money.

Top OpenAI executives believe that Elon Musk's lawsuit stems from his "regrets" about no longer being a part of the company.

The lawsuit alleged that OpenAI effectively became a closed-source arm of Microsoft rather than pursuing its original mission.

OpenAI CEO Sam Altman said that ChatGPT should be "much less lazy now" after the company rolled out an update.

OpenAI CEO Sam Altman has reportedly secured a $75 million investment for his venture capital firm, Hydrazine Capital, from the University of Michigan.

Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.

Startup companies centered the stage at a two-day demonstration organized at the Computer History Museum in Mountain View, California. Hardware technology was highlighted as 20 hardware inventions were featured accelerating ahead of the usual mobile app startup.

Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site's user community.

Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.

Wevorce has announced that it has received USD1.7 million in new seed funding from investors such as Foundation Capital and Sam Altman. This brings the startup's total funding, which launched out of Y Combinator last March 2013, to USD2 million.