Reddit to Raise $700 Million in Late-Stage Funding at Over $10 Billion Valuation Reddit said it will raise up to $700 million (roughly Rs. 5,200 crores) in a late-stage funding led by Fidelity Management and Research Company, giving it a valuation of more than $10 billion (roughly Rs. 74,240 crores).
OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.
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