Generative AI

OpenAI is pursuing a major private funding round at a valuation of about $1.4 trillion, excluding the new capital, after postponing its public listing plans beyond 2026. The fundraising push comes as the ChatGPT maker expands premium AI products and reports a sharply rising annualized revenue run rate.

A new Ramp analysis of more than 21,500 U.S. companies suggests the firms spending the most on AI are also expanding their workforces. The findings challenge the idea that generative AI is already driving broad job losses, though the researchers say the results show correlation rather than causation.