OpenAI to launch its first ‘open-weights’ model since 2019 – SiliconANGLE

The newly formed EY-Parthenon brand aims to appeal to an increasingly diverse range of talent with an investor mindset

OpenAI also announced it was building a more open generative AI model as it faces growing competition in the open-source space from Chinese rival DeepSeek, and Meta.

ChatGPT maker OpenAI has closed the largest private funding round in history, with $US40 billion in a round led by Japanese investor SoftBank.

Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips. Instead of moving information between computer chips as electrical signals, Lightmatter’s technology uses optical connections and what are known as silicon photonics to move the information using light. Mountain View, California-based Lightmatter has raised $850 million in venture funding to date as such optical technologies have kicked off a wave of investments in Silicon Valley amid a search for better ways to string together chips to power chatbots, image generators and other AI applications.

MOUNTAIN VIEW, Calif., April 01, 2025–Lightmatter, the leader in photonic supercomputing, today announced Passage™ M1000, a groundbreaking 3D Photonic Superchip designed for next-generation XPUs and switches. The Passage™ M1000 enables a record-breaking 114 Tbps total optical bandwidth for the most demanding AI infrastructure applications. At more than 4,000 square millimeters, the M1000 reference platform is a multi-reticle active photonic interposer that enables the world’s largest die comple

Covision Media raised €5 million (about $5.4 million) in a funding round to continue developing its technology for 3D scanning and artificial intelligence

Recognising the need for modernisation, Mhada has floated a bid to onboard a vendor to design, deploy, and provide AI-driven solutions. This initiative aims to automate document generation, introduce AI-powered chatbots and virtual assistants for citizen interactions, and classify large volumes of records for efficient access

The AI developer’s financing round is the largest of all time, according to data compiled by research firm PitchBook.