Tag: OpenAI

Google DeepMind unveils Veo 2, aims to outpace OpenAI
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Google DeepMind unveils Veo 2, aiming to outpace OpenAI

Google DeepMind has launched Veo 2, a next-generation video-generation AI designed to outperform rivals like OpenAI. Announced on Monday, Veo 2 is the successor to DeepMind’s original Veo model and can create two-minute-plus videos in resolutions up to 4K (4096 x 2160 pixels), making it four times sharper and over six times longer than OpenAI’s […]

OpenAI employees consider selling $6bn stock
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OpenAI announces ChatGPT service recovery after hours-long outage

OpenAI announced in an early Thursday X post that its services, including ChatGPT, the Sora video generator, and its programming interface, were back online after several hours of downtime. ChatGPT’s popularity continues to soar, with CEO Sam Altman reporting 300 million active users per week as of December 4. Additionally, Apple released updated software for […]

OpenAI makes ChatGPT free, expands access without sign-ups
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OpenAI to launch long-awaited Sora video generator tool

OpenAI is launching Sora, an advanced AI system capable of generating realistic 20-second videos from text prompts. Announced during a livestream, the tool will be available to paid ChatGPT users in the U.S. and other markets starting Monday. Users can create multiple variations of each clip, showcasing OpenAI’s continued expansion into generative video technology. With […]

OpenAI makes ChatGPT free, expands access without sign-ups
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OpenAI hits 300m weekly users for ChatGPT

OpenAI has reached a significant milestone, with its ChatGPT service now boasting 300 million weekly active users. This was disclosed by the CEO, Sam Altman during the New York Times DealBook Summit on Wednesday. The figure represents rapid growth, as the user base was reported to be at 250 million just a week earlier, according […]

OpenAI employees consider selling $6bn stock
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OpenAI considers ads on ChatGPT

OpenAI is reportedly exploring the possibility of incorporating advertisements into its business model, Financial Times reported. CFO Sarah Friar confirmed that the company is considering the idea of introducing ads but emphasized that any such move would be approached cautiously, ensuring that ads are integrated thoughtfully and carefully in terms of timing and placement. However, […]

SoftBank to buy $1.5bn OpenAI shares
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SoftBank to buy $1.5bn OpenAI shares

OpenAI, the company behind ChatGPT, is offering its employees the opportunity to sell approximately $1.5 billion worth of shares in a new tender offer to Japan’s SoftBank Group, according to two sources familiar with the matter. SoftBank’s CEO, Masayoshi Son, has been eager to increase his stake in the AI startup following his investment in […]

OpenAI mulls $500bn valuation in employee share sale talks
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ChatGPT launches dedicated Windows app for enhanced features

OpenAI has officially unveiled a dedicated Windows app for ChatGPT, expanding access to its AI-powered chatbot platform. Currently in preview, the app is available exclusively to users of ChatGPT Plus, Team, Enterprise, and Edu plans. This early version of the app introduces features such as the ability to discuss files and photos, alongside improvements from […]

OpenAI mulls $500bn valuation in employee share sale talks
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OpenAI unveils ‘Canvas’ interface for writing code

OpenAI has launched a new feature for ChatGPT called “canvas,” aimed at improving user engagement with the AI model which creates a dedicated workspace alongside the standard chat window, allowing users to write and code more effectively. Within the canvas, users can generate text or code, highlight specific sections for editing, and receive real-time suggestions […]

OpenAI raises $6.6bn, valuation soars to $157bn
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OpenAI raises $6.6bn, valuation soars to $157bn

OpenAI, the creator of ChatGPT, has successfully secured $6.6 billion in funding, potentially valuing the company at $157 billion and solidifying its status as one of the world’s most valuable private firms. This latest funding round attracted returning venture capital investors such as Thrive Capital and Khosla Ventures, along with significant backing from Microsoft and […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
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OpenAI unveils new tools to streamline AI development for businesses

OpenAI on Tuesday, launched a series of new tools aimed at making it easier for developers to build AI-powered applications, as the company competes with major tech giants in the fast-evolving generative AI space. The Microsoft-backed startup introduced a real-time tool that simplifies the creation of AI voice applications, now allowing developers to use a […]

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
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OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations

OpenAI CEO Sam Altman dismissed claims on Thursday that the recent departures of three senior executives were connected to a planned restructuring of the company. This follows the abrupt resignation of longtime Chief Technology Officer Mira Murati on Wednesday, with senior research executives Barret Zoph and Bob McGrew also announcing their exits shortly afterward. On […]

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OpenAI moves to remove non-profit control, give Sam Altman equity  

A governance changes are taking place behind the scenes at OpenAI, one of the most influential AI firms, Reuters reported. The restructuring process, still in development with input from lawyers and shareholders, has no set completion timeline, leaving uncertainty about when these changes will be finalized. This internal restructuring coincides with a series of leadership […]