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AI Giants Converge: Databricks, OpenAI at Brainstorm
8 Dec
Summary
- Sam Altman signals 'code red' for ChatGPT improvement efforts.
- Databricks reportedly seeking $134 billion valuation.
- Cursor AI coding valued at over $29 billion.
The artificial intelligence sector is experiencing a period of intense activity and significant growth. Reports indicate a 'code red' initiative at OpenAI focused on enhancing ChatGPT's capabilities. Meanwhile, Databricks is reportedly in discussions to raise funds at a substantial valuation of $134 billion, signaling strong investor confidence.
Further underscoring the rapid ascent of AI-focused companies, Cursor, a prominent player in AI-assisted coding, has secured a valuation surpassing $29 billion. Anthropic is also reportedly exploring the possibility of an initial public offering, highlighting a trend of major AI firms seeking public market access.
These pivotal players and more will gather at the upcoming Brainstorm AI conference in San Francisco. Attendees will include leaders from Databricks, OpenAI, Cursor, Google Cloud, and Rivian, alongside notable figures from entertainment. The event will be livestreamed for those unable to attend in person.
