OpenAI Sets $600B Spend Plan With $280B Revenue Target 2030
OpenAI trims 2030 compute spend to $600B, projects $280B revenue, and nears a $100B+ funding round at $850B valuation.
Moonshot AI Raises $500M at $4.3B Valuation in Series C
Moonshot AI closes $500M funding led by IDG Capital, reaching $4.3B valuation as rivals prepare for Hong Kong listings.
Mistral AI Raises €600M to Challenge U.S. AI Giants
Mistral AI raised €600 million, valuing the French startup at €5.8 billion, aiming to challenge U.S. AI giants like OpenAI.