Tag Archives: venture capital

OpenAI rakes in over $6 billion in new funding

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Now that OpenAI is becoming a for-profit company, it’s making a tidy profit in the process. The Wall Street Journal reported that OpenAI has raised $6.6 billion in new funding from investors, nearly doubling its value to $157 billion. The new funding also makes it the largest venture capital deal in history.

The new investors jumped on board after the artificial intelligence startup planned to switch from a charitable non-profit to a for-profit, product-focused company. If OpenAI fails to make the move to for-profit, investors have the right to pull their funding, according to Axios.

The venture-capital firm Thrive Capital founded by Joshua Kushner, the youngest son of convicted-turned-pardoned real estate developer Charles Kushner, led the new round of funding with $1.25 billion. Other investors included SoftBank, Nvidia, Fidelity Management and OpenAI’s previous largest investor Microsoft.

One name that was notably absent from the investor list is Apple. The tech giant was in the process of negotiating a funding deal but apparently the agreement fell apart.

Funding isn’t the only thing that’s growing for OpenAI. Its AI app ChatGPT has attracted 250 million weekly active users, up from the 200 million announced at the end of August, and 11 million paying subscribers. The higher usage rate has OpenAI officials thinking they should raise the subscription price for ChatGPT to $22 a month by the end of the year and $44 a month in the next five years.

This article originally appeared on Engadget at https://www.engadget.com/ai/openai-rakes-in-over-6-billion-in-new-funding-192110908.html?src=rss

Indie classic To the Moon comes to Xbox Series X/S and PS5 October 8

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The emotional 2011 indie game To the Moon will soon be playable on Xbox Series X/S and PS5. Developer Freebird Games and publisher Serenity Forge announced this week that ports for the consoles will arrive on October 8 for $10. At the same time, they released a new installment in the series — a short called Just a To the Moon Series Beach Episode that offers one of the series’ endings. It’s available now on Steam.

To the Moon is a time travel adventure that follows two doctors who have developed a way to help dying patients fulfill their greatest dreams by taking them back in time within their minds. The patient at the heart of the story is an elderly man named Johnny, whose final wish is to go to the moon. The game, which originally launched for PC, has become beloved over the years and eventually expanded to mobile and Nintendo Switch.

Freebird Games followed it up with another episode called Finding Paradise, which focuses on a different patient, and the time-travel murder mystery, Imposter Factory. There’s also a heartfelt short called A Bird Story. They’re all tear-jerkers. The developer has described the latest, Beach Episode, as “​​half of an ending” to the series.

This article originally appeared on Engadget at https://www.engadget.com/gaming/indie-classic-to-the-moon-comes-to-xbox-series-xs-and-ps5-october-8-193949307.html?src=rss

Terminator is back with a new anime series coming to Netflix

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Netflix is giving the Terminator franchise the anime treatment in a new series that’s set to hit the streaming platform “soon.” The company dropped the first teaser for Terminator: The Anime Series this weekend during its Geeked Week event. Details so far are scant, but we do know it’ll be produced by Production IG, the Japanese animation studio behind the original Ghost in the Shell movie and spinoff TV series.

Terminator: The Anime Series will take us back to August 1997, when the Skynet AI becomes self-aware and turns against humans. While there is no information on the cast just yet, Variety reports the series will feature entirely new characters. 

Also on board as executive producers are Skydance and Project Power writer Mattson Tomlin, who will be the series’ writer and showrunner. Netflix hasn’t announced a release date yet or shown any preview scenes, so here’s hoping we get an expanded trailer soon. The Terminator franchise has had quite a few installments, not all of them good, but going back to the beginning could be just the refresh it needs.

This article originally appeared on Engadget at https://www.engadget.com/terminator-is-back-with-a-new-anime-series-coming-to-netflix-154925265.html?src=rss