March 31, 2025 News

OpenAI Secures Historic $40 Billion Funding Round at $300 Billion Valuation

OpenAI has closed one of the largest private funding rounds in history, raising $40 billion at a $300 billion post-money valuation, led by SoftBank with participation from Microsoft and other previous investors. According to reports, approximately $18 billion will fund OpenAI's ambitious Stargate infrastructure project to establish a network of AI data centers across the United States.

OpenAI Announces Plans for First 'Open' Language Model Since GPT-2

OpenAI has announced plans to release its first 'open' language model since GPT-2 in the coming months, with a focus on reasoning capabilities similar to o3-mini. The company is actively seeking feedback from developers, researchers, and the broader community through a form on its website and upcoming developer events in San Francisco, Europe, and Asia-Pacific regions.

Amazon Launches Nova Act: An AI Agent Capable of Browser Control

Amazon has unveiled Nova Act, a general-purpose AI agent that can independently control web browsers to perform simple tasks like making reservations or ordering food. The technology, developed by Amazon's San Francisco-based AGI lab, will power features in the upcoming Alexa+ and is being released alongside a developer SDK for building agent prototypes.