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OpenAI reportedly seeks $30B at a $1.4T valuation

OpenAI eyes a record $30B pre-IPO round, Anthropic flags GLM-5.3 cyber exploit risks, and post-training is shown to shrink LLM joke variety.

πŸ”¬ RESEARCH

  • Study finds LLM post-training improves humor but reduces joke variety
    A Laugh Labs study found post-training makes LLM jokes funnier but less diverse.

    • For AI researchers and model builders studying post-training effects on open models.
    • Laugh Labs compared 11 stages across Tulu 3, OLMo 3.1 32B, and Qwen2.5 using 100 prompts, 64 raters, and 2,330 human judgments.
    • Later stages were judged funnier in 5 of 7 comparisons, with jokes becoming 10–20 words shorter after early post-training.
    • Joke variety fell in 6 of 7 comparisons, including a largest measured spread drop of βˆ’0.155 for Qwen base to instruct.
    • The findings separate higher individual joke quality from reduced output diversity when generating multiple jokes for one prompt.
    Sources πŸ“Ž Coverage: laugh.so Β· πŸ‘ via r/LocalLLaMA
  • πŸ“„ Source for AMD to Acquire World Labs for $8.2 Billion β€” worldlabs.ai

πŸ“Š BENCHMARKS & EVALS

  • Anthropic finds GLM-5.3 can autonomously develop cyber exploits
    Anthropic reported that GLM-5.3 can autonomously develop end-to-end cyber exploits.
    • The findings concern AI developers, cybersecurity teams, and malicious cyber actors using GLM-5.3.
    • GLM-5.3 completed end-to-end exploits in 50 of 410 ExploitBench attempts, versus 56 of 410 for Claude Mythos Preview.
    • GLM-5.3 achieved full control-flow hijacks in 4% of 100 internal benchmark tasks, while Claude Mythos Preview reached 6%; Claude Opus 4.6 and GLM-5.2 succeeded in none.
    • Anthropic found GLM-5.3 safeguards could be bypassed in 64%–100% of simulated tests, and one exploit chain cost $20.40 through Zhipu’s API.
    • The report says GLM-5.3’s unrestricted availability expands advanced cyber capabilities available to attackers and defenders.
    Sources πŸ“„ Source: anthropic.com Β· πŸ“Ž Coverage: simonwillison.net Β· πŸ‘ via Simon Willison

πŸ’° BUSINESS & FUNDING

  • OpenAI reportedly seeks $30B at a $1.4T valuation
    OpenAI is reportedly in talks to raise at least $30 billion at a $1.4 trillion valuation.
    • OpenAI is negotiating with investors for a pre-IPO funding round.
    • The proposed round would raise at least $30 billion at a valuation of roughly $1.4 trillion.
    • The financing would serve as a bridge to OpenAI’s anticipated 2027 public debut.
    Sources πŸ“Ž Coverage: techcrunch.com Β· πŸ‘ via TechCrunch AI

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