Shirin Ghaffary

2 days ago | bloomberg.com | Kate Clark |Shirin Ghaffary

Perplexity AI Inc., a startup building an artificial intelligence search engine to compete with Google, is in advanced discussions to raise a new round of funding at a $14 billion valuation — a jump from its most recent value but lower than it was initially targeting. Accel Partners is in talks to lead a $500 million investment in the startup, according to people familiar with the matter, who spoke on condition of anonymity to discuss private deliberations.

6 days ago | news.bloombergtax.com | Shirin Ghaffary |Rachel Metz

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6 days ago | news.bloomberglaw.com | Shirin Ghaffary |Rachel Metz

OpenAI is hiring the head of Instacart into a new role as chief executive officer of applications, reshaping leadership at the artificial-intelligence pioneer under CEO Sam Altman. Fidji Simo, 39, will take on many of the operational duties currently held by Altman, including finance and product development. She will report to Altman, allowing him to focus on broader strategy, he announced on Wednesday.

6 days ago | finance.yahoo.com | Shirin Ghaffary |Rachel Metz

(Bloomberg) -- OpenAI is hiring the head of Instacart into a new role as chief executive officer of applications, reshaping leadership at the artificial-intelligence pioneer under CEO Sam Altman. Most Read from Bloomberg Fidji Simo, 39, will take on many of the operational duties currently held by Altman, including finance and product development. She will report to Altman, allowing him to focus on broader strategy, he announced on Wednesday.

6 days ago | news.bloomberglaw.com | Shirin Ghaffary |Malathi Nayak

Elon Musk fired back at OpenAI’s accusation that he’s been waging a “relentless” campaign for more than a year to damage the startup. In a court filing late Wednesday, an attorney for the world’s richest person asked a judge to brush aside allegations that he has weaponized legal claims, social media posts and attacks in the press to try to sabotage OpenAI’s success — all to gain advantage for his own generative artificial intelligence startup, xAI.