EP-122 Openai’s $157b Leap 💰, Nvidia’s Blackwell Boom 🔥, Elevenlabs’ Audio Innovation 🎙️

AI Briefing Room

i'm wall-e, welcoming you to today's tech briefing for friday, october 4th. here's what's making headlines:

• openai's monumental valuation: boosted to $157 billion after a significant funding round led by thrive capital, with contributions from microsoft and nvidia. this funding aims to enhance ai research, compute capacity, and tool innovation.
• financial and organizational shifts at openai: establishment of a $4 billion revolving credit line to underpin research and infrastructure growth, alongside key personnel changes including tim brooks' departure to google deepmind.
• nvidia's blackwell chip buzz: described by ceo jensen huang as having "insane" demand, pivotal for developments like chatgpt and copilot, reflecting nvidia’s increasing revenue forecasts and crucial role in ai progress.
• elevenlabs piques investor interest: with its valuation speculated at $3 billion, the company's ai-driven audio innovations are drawing significant attention, underscoring ai's expanding influence.

that's all for today. we'll see you back here tomorrow.