OpenAI
Sam Altman seeks investors for AI chipmaker to challenge Musk-friendly Nvidia: source
November 19, 2024 | 12:51pmRain AI says its chips are much more energy efficient and powerful than Nvidia’s, sources said. In June, the company hired former Apple chip executive Jean-Didier Allegrucci as head of...
Elon Musk expands lawsuit against OpenAI, blasts 'ill-gotten gains' with Microsoft
November 15, 2024 | 11:56amLike Musk's original August complaint, it accused OpenAI and its CEO, Sam Altman, of violating contract provisions by putting profits ahead of the public good in the push to advance AI.
OpenAI co-founder returns three months after leaving ChatGPT maker
November 12, 2024 | 6:05pmBrockman, who was president, has been working with CEO Sam Altman on creating a new role for him to focus on significant technical challenges, Bloomberg reported.
ChatGPT parent OpenAI in talks with California to become for-profit company: report
November 4, 2024 | 7:06pmThe move would make the firm more attractive to investors.
OpenAI takes on Google, Microsoft with own ChatGPT search engine
November 1, 2024 | 3:22pmOpenAI has partnered with a number of news organizations so its search engine will be able to pull from these companies' content for its SearchGPT.
Meta reportedly building AI search engine to cut reliance on Google, Bing
October 28, 2024 | 12:25pmThe AI search engine segment is heating up with ChatGPT-maker OpenAI, Google and Microsoft all vying for dominance in the rapidly evolving market.
Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said
October 26, 2024 | 11:50amTech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”
OpenAI, Microsoft in $14B tussle as AI giant changes into for-profit company: report
October 18, 2024 | 1:30pmMicrosoft and OpenAI are reportedly in talks over how much equity the Big Tech giant will receive for its nearly $14 billion investment in the AI firm as it navigates...
Sam Altman's OpenAI pursuing switch to for-profit structure to avoid 'hostile takeovers': report
October 9, 2024 | 2:26pmOpenAI is reportedly “pursuing” plans to abandon its nonprofit roots and restructure as a for-profit entity – a move that could insulate Sam Altman and his allies from "hostile takeovers"...
ChatGPT owner OpenAI valued at whopping $157B — asks investors not to fund Elon Musk's upstart rival xAI
October 2, 2024 | 1:40pmThe closing of the funds coincides with the company's ongoing restructuring efforts and executive changes, including the abrupt departure of its longtime Chief Technology Officer last week.
OpenAI CEO denies report claiming he will receive huge stake in startup with billions: 'Ludicrous'
September 27, 2024 | 1:15pmThe OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned with the firm.
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
September 26, 2024 | 10:51amA 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken an ownership position in the firm.
OpenAI exec who clashed with Sam Altman leaving ChatGPT maker
September 25, 2024 | 4:31pmOpenAI is planning to restructure its business into a for-profit benefit corporation and give equity to Altman for the first time, the company said.
OpenAI pitches Biden admin on need for massive data centers — that use as much power as a major city
September 25, 2024 | 11:38amSoon after the meeting, OpenAI shared a document with the White House detailing the benefits of building 5 gigawatt data centers, according to Bloomberg News.
OpenAI could charge thousands a month for users
September 5, 2024 | 1:34pmChatGPT Plus currently costs $20 a month. The free tier of the model is used by hundreds of millions of users every month.
OpenAI co-founder's new safety-focused AI startup SSI raises $1B
September 4, 2024 | 1:12pmSSI, which currently has 10 employees, plans to use the funds to acquire computing power and hire top talent.
Apple, Nvidia may invest in OpenAI fundraising that would value ChatGPT maker at over $100B: report
August 29, 2024 | 4:49pmThrive Capital, the venture capital firm founded by real estate scion Joshua Kushner, is leading the latest fundraising round.
California lawmakers pass controversial AI bill opposed by most of tech industry
August 28, 2024 | 7:47pmTech companies have largely balked at the legislation, called SB 1047, saying it could drive AI companies from the state and hinder innovation.
Authors file lawsuit against AI startup Anthropic over copyright infringement
August 20, 2024 | 12:26pmWhile Microsoft-backed OpenAI has been hit with a growing number of copyright infringement lawsuits, the suit filed Monday represents the first legal challenge of its kind against Anthropic.
News Corp beats revenue estimates as digital subscriptions grow
August 8, 2024 | 7:16pmRevenue in the quarter jumped 6% to $2.58 billion, compared to $2.43 billion a year earlier.