OpenAI is in funding talks to raise $6.5 billion, aiming for a $150 billion valuation, supported by a $5 billion revolving credit facility from banks. The high valuation stems from the success of ChatGPT, solidifying OpenAI's position as a key player in AI, backed by Microsoft and led by Sam Altman.....

ByteDance's Volcano Engine has launched an AI Assistant to improve data processing efficiency for businesses. The AI Assistant integrates with large AI models to assist companies in data processing and query analysis, allowing non-coding operational staff to perform data operations through a conversational interface. The VeDI smart platform by Volcano Engine has already initiated a beta test for the AI Assistant, aiming to lower the data query and development barriers for non-technical personnel.