OpenAI's $300b valuation and $8.3b invention round: the tl;dr – Funding round: OpenAI has raised $8.3 billion in its latest round of financing. Valuation: The company is now valued at $300 billion. – Investors:
Lead investor: Dragoneer Investment Group with $2.8 billion
Other
BIG TECH
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OpenAI Raises $8.3B at $300B Valuation
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Gemini Deep Think Now Available for AI Ultra Subscribers
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Starting today, we're offering Deep Think in the Gemini app for Google AI Ultra subscribers, and we're giving a collection of mathematicians access to the full version of the Gemini 2.5 Deep Think model that achieved gold medal level performance in the recent IMO competition.
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Week of AI breakthroughs: superintelligence, batteries, CRISPR, IPO
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Zuck's Personal Superintelligence.
First iron-air battery connected to grid.
Profluent Bio releases OpenCRISPR-1 model.
Figma crushes IPO, currently trading at 4 Linas.
Abundance x Jason Carman drop Zipline video. + Means & Meaning What a week for the optimists. -

Gemini Deep Think Model Launches with IMO Gold Medal Achievement
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The Gemini Deep Think model that achieved IMO gold medal 🥇 is launched! This is a general purpose model that is not only SOTA at math/proofs but also reasoning, code and many others! 🔥
— Yi Tay (@YiTayML) 1 août 2025
The exact config that achieved IMO gold with scaled up Deep Think is being made available… https://t.co/7Ol5iZQN3lThe Gemini Deep Think model that achieved IMO gold medal is launched! This is a general purpose model that is not only SOTA at math/proofs but also reasoning, code and many others! The exact config that achieved IMO gold with scaled up Deep Think is being made available
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An AI Engineer Worth 1 Billion According to Nvidia
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Un ingénieur IA payé 1 milliard ?
— Alexandre Tsicopoulos (@Alex_Tsico) 1 août 2025
Oui, répond le patron de Nvidia.
Parce qu’un bon suffit à recréer OpenAI. https://t.co/bgwCfkIYroAn AI engineer paid 1 billion?
Yes, answers Nvidia's boss.
Because one good one is enough to recreate OpenAI. -

Gemini DeepThink Released for Google AI Ultra Subscribers
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Gemini Deep Think in the Gemini app for Google AI Ultra subscribers released
— Chubby♨️ (@kimmonismus) 1 août 2025
What a day! Gemini DeepThink could change the entire playing field.
Now it will be exciting to see if OpenAI will respond today! https://t.co/nmKsb09v2C pic.twitter.com/xj4DWngXjmGemini Deep Think in the Gemini app for Google AI Ultra subscribers released What a day! Gemini DeepThink could change the entire playing field. Now it will be exciting to see if OpenAI will respond today!
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OpenAI GPT Leaks Emerge August 1st GPT-5 Screenshots
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Today is August 1st. "Coincidentally" very important information about OpenAI's GPT opensource model is leaked (120b/20b, MoE,… you can read all about it at @apples_jimmy ). And GPT-5 has also appeared several times, as can be seen in numerous screenshots (visit @legit_api
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Horizon Alpha GPT Model Praised for Outstanding Evaluations
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Whichever GPT model “Horizon Alpha” ends up being (OpenSource or Mini), it looks set to be a huge success. Outstanding evaluations. Although OpenAI has lost some of its key scientists to Meta, they seem to have worked so hard that it will be well worth the wait!
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Anthropic Revenue Breakdown: $5.3B ARR Growth Analysis
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@AnthropicAI revenue breakdown, key points: – $400m ARR comes from Claude Code – $1.2b (1/4 of the revenue) comes from Cursor and Github Copilot – Consumer only $0.7b (vs $5.5b for ChatGPT(
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AI Leaders Launch Open Model, Expand Infrastructure Amid Surge
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Top stories in AI today: – BFL, Krea tackle ‘AI look’ with new open model
– OpenAI expands Stargate to Europe
– Automate presentations with ChatGPT Agents
– Anthropic takes AI lead amid spending surge
– 4 new AI tools & 4 job opportunities Read more: https://
therundown.ai/p/images-lose-
ai-look-with-new-open-model
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