Rain AI seeks $3M bridge fund amid acquisition talks with OpenAI after Series B collapse. Altman involved. Challenges include leadership changes, competition with Nvidia, and Series B difficulty.
The publishing giant’s deal with OpenAI and its CEO Sam Altman, announced in May, allows the ChatGPT creator to use current and archived content produced by News Corp-owned outlets — which also include The Wall Street Journal, The Sun and The Times of London — to answer user questions and train its AI models.
