
UAE Releases Falcon Arabic AI Model To Outcompete Mideast Rivals
The new system, called Falcon Arabic, was trained on a dataset spanning Modern Standard Arabic and regional dialects. The Technology Innovation Institute (TII), the Abu Dhabi group behind Falcon, claims the new offering matches the performance of models up to 10 times its size. TII also launched Falcon H1, a small model that it said outperforms similarly sized options from Meta Platforms Inc. and Alibaba Group Holding Ltd.
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- Yahoo
OpenAI's $500 Billion Power Play: Is This the Hottest Deal in Tech Right Now?
OpenAI is weighing a massive secondary stock sale that could push its valuation to around $500 billion, according to people familiar with the matter. The deal still in early discussions would allow current and former employees to cash out some of their shares, with existing investors like Thrive Capital reportedly circling. If completed, this would mark a roughly 67% jump from OpenAI's previous $300 billion valuation tied to a $40 billion raise, one of the largest in private tech history. The move isn't just about rewarding staff it's also a strategic play to retain top talent in the face of fierce poaching from rivals like Meta, which has dangled nine-figure packages to lure researchers away. Warning! GuruFocus has detected 7 Warning Sign with MSFT. The timing is no coincidence. OpenAI recently secured $8.3 billion in a second tranche of that same $40 billion round, which one source said was oversubscribed by about five times. This fresh capital comes as the company doubles down on product and platform expansion. ChatGPT usage is climbing fast reportedly hitting 700 million weekly active users while the app now processes over 3 billion messages per day. OpenAI is also preparing its next major release, GPT-5, which is undergoing internal testing. While no official launch date has been announced, the model is expected to reinforce OpenAI's lead amid growing competition. On the hardware front, the company is moving ahead with a nearly $6.5 billion all-stock acquisition of a device startup co-founded by Apple design veteran Jony Ive. But the company isn't without friction points. Key investors are still in discussions over how OpenAI should be structured going forward including Microsoft (NASDAQ:MSFT), which has poured in more than $13 billion. At the heart of those talks is Microsoft's stake and long-term access to OpenAI's tech, with the current deal set to run through 2030. As OpenAI races to define its next chapter spanning AI platforms, consumer hardware, and employee retention investors are left with a familiar question: how much more upside is still on the table? This article first appeared on GuruFocus. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
an hour ago
- Yahoo
OpenAI Employee Share Sale Could Value Firm at $500 Billion
OpenAI, backed by Microsoft (MSFT, Financials), is in early talks for an employee share sale that could value the artificial intelligence firm at about $500 billion, a source familiar with the matter said. The deal would let current and former employees sell several billion dollars' worth of shares ahead of a possible initial public offering; it would mark a significant increase from OpenAI's current $300 billion valuation. Warning! GuruFocus has detected 7 Warning Sign with MSFT. The company's flagship product, ChatGPT, has driven rapid growth; revenue doubled in the first seven months of the year to an annualized $12 billion and is expected to reach $20 billion by year-end, according to the source. Weekly active users climbed to about 700 million from 400 million in February. The proposed sale follows a $40 billion primary funding round earlier this year, led by SoftBank Group, which committed $22.5 billion to the round; the rest of the funding was raised at a $300 billion valuation. Existing investors, including Thrive Capital, are in talks to participate in the share sale. The transaction would come as competition for AI talent intensifies; tech giants like Meta Platforms (META, Financials) are making multibillion-dollar investments to poach executives and researchers. Private firms such as ByteDance, Databricks and Ramp have also used secondary share sales to refresh valuations and reward long-term employees. OpenAI is planning a corporate restructuring to move away from its capped-profit model, which could pave the way for a future IPO; the company has said an offering would come only when market conditions are right. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


The Hill
an hour ago
- The Hill
Meta bans millions of WhatsApp accounts linked to scam operations
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