OpenAI on Monday announced that it closed one of the largest private funding rounds in history. According to a blog post on the company’s website, OpenAI raised $40 billion in a tranche that values the company at $300 billion post-money. SoftBank led the round, CNBC reported. Other participants included Microsoft, Coatue, Altimeter, and Thrive. “[This […]
Midjourney releases its first new AI image model in nearly a year
Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling…