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Tag: OpenAI

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
Tech

OpenAI strikes $1.1b acquisition of Statsig

OpenAI has agreed to acquire product testing startup Statsig for $1.1 billion in an all-stock transaction, marking one of the largest acquisitions in the ChatGPT maker’s history. The deal however is subject to regulatory approval, according to Bloomberg. Founded in 2021, Statsig provides tools that help software developers test and evaluate new features. Its platform […]

Meta plans full AI-driven Ad creation by 2026 - Report
Technology

Meta considers partnerships with Google, OpenAI for AI features

Meta Platforms is considering partnerships with rivals Google or OpenAI to enhance artificial intelligence features in its applications, The Information reported on Friday, citing people familiar with the conversations. Leaders at Meta’s new AI organization, Meta Superintelligence Labs, have explored integrating Google’s Gemini model to deliver conversational, text-based responses for queries submitted to Meta AI, […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI warns against unauthorised investment schemes

OpenAI has issued a warning to investors and the public, cautioning against “unauthorized opportunities to gain exposure to OpenAI through various channels.” In a new blog post, the company specifically flagged the use of special purpose vehicles and similar arrangements, stressing that such avenues are not sanctioned or endorsed by OpenAI. “We urge you to […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI launches cheapest subscription in India at $4.57 monthly

OpenAI on Tuesday introduced its most affordable subscription in India, priced at 399 rupees ($4.57) per month, aiming to expand in its second-largest user market. The new plan, named ChatGPT Go, offers broader access to the latest GPT‑5 model and additional features at a lower cost, the Microsoft-backed company said in a website statement. Nick […]

OpenAI employees consider selling $6bn stock
News

OpenAI employees weigh selling $6bn stock

Current and former employees of OpenAI are exploring the sale of nearly $6 billion worth of shares to major investors, including SoftBank Group, Thrive Capital, and Dragoneer Investment Group, Reuters reported. If completed, the deal would value the ChatGPT maker at about $500 billion — a sharp increase from its current $300 billion valuation. The […]

OpenAI unveils GPT-5 amid rising industry investment
News

OpenAI unveils GPT-5 amid rising industry investment

OpenAI has officially launched GPT-5, the latest iteration of its groundbreaking artificial intelligence model that powers the widely used ChatGPT chatbot. The release, announced Thursday, comes at a pivotal moment for the AI industry as global tech giants race to expand their AI capabilities. GPT-5 is now available to all 700 million ChatGPT users and […]

Microsoft brings OpenAI's free GPT-oss-20b model to Windows
News

Microsoft brings OpenAI’s free GPT-oss-20b model to Windows

Microsoft has announced the integration of OpenAI’s latest open-source language model, gpt-oss-20b, into Windows 11 through its Windows AI Foundry platform, enabling users to access powerful AI capabilities locally on their PCs. Described by Microsoft as “tool-savvy and lightweight,” the gpt-oss-20b model is designed for tasks such as code execution and tool use, making it […]

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

OpenAI mulls $500bn valuation in employee share sale talks

OpenAI, the company behind ChatGPT, is in early-stage discussions for a potential stock sale that could value the artificial intelligence giant at around $500 billion, according to a source familiar with the matter. The proposed transaction, which would take place before a possible initial public offering, is aimed at allowing current and former employees to […]

ChatGPT mobile app hits $2bn in global consumer spending
News

ChatGPT set to reach 700m weekly users amid rise in AI users

ChatGPT, OpenAI’s flagship chatbot, is on track to reach 700 million weekly active users this week, marking another milestone in its rapid growth as one of the world’s most popular consumer AI apps. The figure was shared by Nick Turley, OpenAI’s Vice President and head of the ChatGPT app, in a post on X. According […]

OpenAI employees consider selling $6bn stock
Tech

OpenAI to launch first EU AI data centre in Norway

OpenAI announced on Thursday that it is launching a Stargate-branded AI data centre in Norway—its first such project in Europe. The facility will be developed through a 50-50 joint venture between British company Nscale, and Norwegian energy infrastructure firm, Aker. OpenAI will act as an “off-taker,” purchasing computing capacity from the data centre. The site […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
News

Microsoft, OpenAI in advanced talks to extend AI partnership

Microsoft is reportedly in advanced negotiations with OpenAI to secure continued access to the startup’s cutting-edge artificial intelligence technology—even in the event that OpenAI achieves artificial general intelligence, Bloomberg News reported on Tuesday. According to the report, both companies are revisiting the terms of their existing partnership to address a key clause in their current […]

ChatGPT history could be used as court evidence, OpenAI CEO warns
News

ChatGPT history could be used as court evidence, OpenAI CEO warns

OpenAI Chief Executive Officer Sam Altman has cautioned users of ChatGPT against treating the popular chatbot like a personal confessional, warning that conversations with the AI tool could potentially be used as evidence in court. Speaking during an episode of the This Past Weekend podcast on June 25, Altman emphasized that, unlike communications with doctors […]

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