Source: Betaworks has a 5.5% stake in Hugging Face, worth ~$650M at its $11.9B acquisition price for stockholders; A.Capital says it could bag $1.5B on the sale (Yuliya Chernova/Wall Street Journal)

Betaworks holds a 5.5% stake in Hugging Face, valued at roughly $650 million based on the company’s $11.9 billion acquisition price for shareholders, and A.Capital expects to receive about $1.5 billion from the sale. OpenAI has begun deploying its GPT-6 “Astra” model to Plus, Pro, Enterprise, Business Standard and Premium users across ChatGPT Work, Codex, and the API, with Business and Pro customers accessing it on $100-$200-per-month plans.