Explore the latest news, in-depth reports, and executive analysis tagged with #Alex Clavel.
Besides, the partnership will also allow PayPal's employees access to ChatGPT Enterprise.
The funding round also saw "significant investment" from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners and a large US-based West Coast mutual fund manager.
The acquisition of Alex fits into OpenAI's broader strategy of building a comprehensive developer tools ecosystem.
Last month, Meta struck a deal to acquire PlayAI, a voice technology startup.
Apart from India's NPCI, PayPal has also partnered with Brazil’s Mercado Pago, Tencent Holdings’ Tenpay Global, and its own subsidiary Venmo.
The restructuring will make Scale AI more nimble; and allow it to serve the customers better, the company's interim CEO Jason Droege wrote to employees.
Ruoming Pang had joined Apple in 2021 and in his current role was leading the foundation model team at the tech giant.
Google had planned to invest about $200 million in Scale AI, but Meta's investment in the data-labeling startup may have given it cold feet.
The so-called alternative investment fund Hedonova is run by none other than Anurag Bhatia, who was jailed in India in 2020 for duping investors through Minance.
Alex Clavel will assume sole leadership as chief executive of both SoftBank Group Corp.’s Vision Fund and SoftBank Global Advisers.
