OpenAI has raised a truly staggering amount of money [Fortune]
GlobalFoundries Inc. (GFS)
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Source: Fortune
But as a new Fortune article attests, it was no overnight success. A number of factors were in play to help DeepSeek mount its challenge to the dominant powers of AI, including a vibrant startup scene, university talent, government support, and—it must be said—western indifference. Our man in Hong Kong, Nick Gordon, reports on China's ??six formidable Hangzhou dragons in the latest edition of our magazine. Give it a read —Andrew Nusca P.S. ICYMI: This is the Fortune newsletter formerly known as Data Sheet. Yes, we've got a new name. No, we don't know when AGI is actually coming. Want to send thoughts or suggestions to Fortune Tech? Drop a line here OpenAI raises a truly staggering amount of money Sam Altman, co-founder and CEO of OpenAI, speaks at TU Berlin. (Photo: Sebastian Gollnow/picture alliance/Getty Images) OpenAI on Monday announced that it had finally closed its latest, long-gestating fundraising effort. The totals are eye-watering: $40 billion raised, $300 bil
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