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Tag: OpenAI

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

OpenAI disables video generation for new users amid capacity issues

OpenAI is facing ongoing capacity challenges following the launch of its viral image generation feature last week, as a result, the company has temporarily disabled video generation for new users of Sora, its suite of generative AI media tools. “We’re currently experiencing heavy traffic and have temporarily disabled Sora video generation for new accounts,” OpenAI […]

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

OpenAI projects positive cash flow by 2029 amid rising AI costs

Artificial intelligence company OpenAI has disclosed that its path to a cash-flow positive is until 2029, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The artificial intelligence leader is contending with steep expenses associated with chips, data centers, and skilled talent required for the advancement of its cutting-edge AI systems, according […]

OpenAI COO to lead global expansion as Altman focuses on research
News

OpenAI COO to lead global expansion as Altman focuses on research

San Francisco-based artificial intelligence company OpenAI is ramping up its global expansion efforts, with Chief Operating Officer Brad Lightcap set to lead corporate partnerships and business strategy, CEO Sam Altman announced on Monday. The move comes as the Microsoft-backed startup seeks to strengthen its dominance in the rapidly evolving AI sector. Altman will shift his […]

Meta plans fourth AI overhaul in six months
News

OpenAI, Meta in talks with Reliance for AI expansion in India

Tech giants OpenAI and Meta Platforms have separately held discussions with India’s Reliance Industries about potential partnerships to expand their artificial intelligence presence in the country, technology news website The Information reported on Saturday. One proposal under consideration involves a partnership between Reliance Jio and OpenAI to distribute ChatGPT, according to the report, which cited […]

OpenAI employees consider selling $6bn stock
News

OpenAI launches AI models for voice generation, transcription

OpenAI is introducing new AI models for transcription and voice generation, promising significant improvements over previous releases. These models align with OpenAI’s broader vision of developing autonomous AI agents capable of handling tasks independently. OpenAI’s Head of Product, Olivier Godemont, described one possible application as AI-powered chatbots capable of engaging with customers in natural conversation. […]

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

OpenAI, Elon Musk agree to quicken trial over AI dispute

OpenAI and billionaire Elon Musk have agreed to fast-track their ongoing legal battle over the AI company’s transition to a for-profit model, according to a federal court filing on Friday. The case, which has become a high-profile dispute between Musk and OpenAI CEO Sam Altman, is set to go to trial in December. The filing […]

The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
Tech

OpenAI launches new developer tools as AI war thickens

OpenAI announced the launch of new tools for developers on Tuesday, aimed at enhancing the creation of advanced AI agents through a streamlined set of application programming interfaces. The move comes as competition intensifies with emerging Chinese AI startups. AI agents are designed to operate autonomously, executing complex real-world tasks without direct human intervention. APIs, […]

ChatGPT offers developers direct code editing on macOS
News

ChatGPT offers developers direct code editing on macOS

OpenAI has introduced a significant upgrade to its ChatGPT app for macOS, enabling direct code editing in supported developer tools such as Xcode, VS Code, and JetBrains. The latest update allows users to activate an “auto-apply” mode, permitting ChatGPT to make changes without requiring additional confirmation clicks. Subscribers to ChatGPT Plus, Pro, and Team can […]

OpenAI employees consider selling $6bn stock
News

ChatGPT surpasses 400m weekly users

The flagship AI chatbot from OpenAI ChatGPT has experienced a resurgence in user growth in the latter half of 2024, according to a report released on Thursday by venture capital firm Andreessen Horowitz. The report highlights that while ChatGPT took nine months to grow from 100 million weekly active users in November 2023 to 200 […]

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