ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $ 6.6 billion in a funding round that values OpenAI at $ 157 billion pre-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $ 17.8 billion or so, per Crunchbase. […]
US to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona
The U.S. Commerce Department said on Monday that it has signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $ 6.6 billion in direct funding under the CHIPS and Science Act to set up semiconductor factories in Phoenix, Arizona, and provide up to $ 5 billion in loans. This grant, pegged for the company’s U.S. […]