Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X. His family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an…
Category: OpenAI fund
AI, ai benchmarks, Global Security News, Harvey, OpenAI fund, Startups
Anthropic, Google score win by nabbing OpenAI-backed Harvey as a user
Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI’s, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to…
AI, Global Security News, M&A, OpenAI fund, Startups
OpenAI is reportedly in talks to buy Codeium for $3B, with news expected later this week
Codeium, the maker of a popular AI coding assistant tool Windsurf, is in talks to be acquired by OpenAI for about $3 billion, Bloomberg reported. If the deal happens, it would put OpenAI in direct competition with a number of other AI coding assistant providers, including Anysphere, the maker of Cursor, which OpenAI backed from…