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AI race: OpenAI raises $110 billion, valuation soars to $730 billion

OpenAI has secured a massive $110 billion funding round, valuing the ChatGPT maker at $730 billion, as the artificial intelligence company accelerates investments to meet rapidly expanding global demand for AI services.The investment — among the largest fundraising rounds in Silicon Valley history – includes $30 billion each from Japanese conglomerate SoftBank and chipmaker Nvidia,…

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OpenAI and Anthropic spark coding revolution as developers abandoned traditional programming

Is traditional coding dead? That’s the question many developers have been asking themselves this week following the launch of powerful new coding models from OpenAI and Anthropic. Last week, OpenAI and Anthropic dropped their respective coding models—GPT-5.3-Codex and Claude Opus 4.6—both of which represented significant leaps in AI coding capabilities. GPT-5.3-Codex showed markedly higher performance…

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