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Tag: OpenAI

OpenAI employees consider selling $6bn stock
News

Microsoft, OpenAI partner for data center project

Microsoft and OpenAI are collaborating on a data center project, anticipated to require an investment of up to $100 billion. The project includes the development of an artificial intelligence supercomputer named “Stargate,” slated for launch in 2028, The Information reported. The escalating adoption of generative artificial intelligence technology has driven a surge in demand for […]

Apple to pledge $100bn to US manufacturing
featured News

Apple partners Google, OpenAI to power iPhone AI features

Apple is engaged in discussions to integrate Google’s Gemini artificial intelligence engine into the iPhone,Bloomberg reported. Additionally, Apple has recently explored potential collaborations with OpenAI and has considered leveraging its AI model. In preparation for the upcoming iPhone iOS 18 release, Apple is developing new functionalities based on its proprietary AI models. However, the company […]

OpenAI, Elon Musk agree to quicken trial over AI dispute
News

Sam Altman rejoins OpenAI’s board with three new directors

Only a few months after a heated boardroom dispute that resulted in his dismissal and subsequent rehire by the ChatGPT firm, Sam Altman will rejoin the OpenAI board, the company said on Friday, March 8. According to the corporation, an internal inquiry conducted in the days after Altman’s stormy discharge last year revealed that he […]

Elon Musk announces upcoming release of AI chatbot Grok 3
News Uncategorized

OpenAI seeks to dismiss Elon Musk’s suit

OpenAI on Tuesday, countered Elon Musk’s assertions that the company had deviated from its original mission of developing artificial intelligence for the benefit of humanity and not for profit. In a blog post, OpenAI affirmed its commitment to its mission and addressed Musk’s claims, indicating its intent to dispute them. According to OpenAI, Musk proposed […]

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

Musk lawsuit stems from regrets, says OpenAI

Melvin Onwubuke OpenAI executives disagreed with the claims Elon Musk laid out in a lawsuit on Thursday and said the Tesla CEO is upset that he’s no longer part of the artificial intelligence startup. In an internal memo on Friday, OpenAI Chief Strategy Officer Jason Kwon said “We believe the claims this suit may stem […]

Starlink withdraws from South African regulatory hearings
Tech

Elon Musk sues OpenAI, CEO Sam Altman

Elon Musk has filed a lawsuit against OpenAI, the company behind ChatGPT, along with its CEO Sam Altman and others, alleging a departure from the company’s original mission of developing artificial intelligence for the benefit of humanity rather than profit. Musk claims that Altman and co-founder Greg Brockman initially approached him to establish an open-source, […]

OpenAI mulls $500bn valuation in employee share sale talks
Tech

OpenAI appoints new board members in March

OpenAI, the creator of ChatGPT, is set to appoint several new board members in March, bringing an end to an impasse that began when the former board ousted CEO Sam Altman in November. Despite Altman’s quick return and the introduction of a new initial board chaired by former Salesforce co-CEO Bret Taylor, the company has […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
Tech

New York Times ‘hacked’ ChatGPT to build copyright lawsuit – OpenAI

OpenAI has requested a federal judge to dismiss New York Times’ lawsuit, stating that the newspaper engaged in “hacking” to manipulate its ChatGPT chatbot and other AI systems, generating misleading evidence for the case. OpenAI claimed in a filing on Monday that the Times used “deceptive prompts” that violated its terms of use, causing the […]

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
Tech

OpenAI hits $80bn valuation after major deal

Artificial intelligence giant, OpenAI has recently sealed a significant deal with venture capital firm Thrive Capital, catapulting its valuation to an impressive $80 billion or potentially more. This remarkable surge nearly triples its value in just nine months, according to reports by the New York Times. The deal involves OpenAI’s participation in an ongoing share […]

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

OpenAI launches AI-video generation tool, Sora

Artificial intelligence company OpenAI has launched a new AI tool that can generate realistic 60-second videos from a simple text prompt. “Today we are starting red-teaming and offering access to a limited number of creators,” chief executive Sam Altman took to X to unveil OpenAI’s latest offering. According to an announcement made by OpenAI on […]

OpenAI mulls $500bn valuation in employee share sale talks
Tech

OpenAI hits $2bn in revenue

In December, OpenAI, the Artificial Intelligence company, achieved a significant milestone by reaching $2 billion in revenue, as reported by the Financial Times on Friday. OpenAI anticipates surpassing this figure in 2025, projecting substantial interest from business customers eager to integrate its generative AI tools into workplace environments. The company’s annualized revenue soared to over […]

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