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Historic funding round values OpenAI at $157 billion
Historic funding round values OpenAI at $157 billion
by  AFP

New funding propelled ChatGPT-maker OpenAI to a valuation of $157 billion, the company said on Wednesday, sealing its place as the world leader on artificial intelligence. The company, founded in 2015 and led by Sam Altman, said that investors pumped in $6.6 billion in a funding round that was one of Silicon Valley's biggest ever.

French luxury goods giant LVMH in F1 sponsorship deal
French luxury goods giant LVMH in F1 sponsorship deal
by  AFP

French luxury goods giant LVMH on Wednesday announced a 10-year sponsorship deal as a global partner of Formula One. “We were thrilled to work with one of the LVMH Maisons during the Las Vegas Grand Prix last year, and to now expand our relationship with the Group as they become a Global Partner." kap/ak/nr/bsp

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