artificial intelligence company, onwer and operator of ChatGPT, ChatGPT Enterprise and OpenAI’s API tools
If OpenAI Makes Its Core Business For-Profit, It Could Mean a $10 Billion Payday for 39-Year-Old CEO Sam Altman
entrepreneur.com/business-news/openai-might-become-for-profit-after-key-exec-departures/480414
OpenAI will fall the hardest when the AI bubble bursts, analyst says: The AI startup behind ChatGPT “is no longer miles ahead of the competition ...
qz.com/openai-multibillion-dollar-funding-chatgpt-ai-bubble-1851664344
Quick Glance: OpenAI Secures Record $6.6 Billion Funding Round
- OpenAI has closed a record $6.6 billion funding round, valuing the company at $157 billion.
- The round was led by Thrive Capital, with significant contributions from Microsoft, Nvidia, and SoftBank.
- The funds will be used to maintain leadership in AI research and cover operational costs, which are in the billions.
- OpenAI plans to shift from a nonprofit to a for-profit structure to facilitate future investments.
New Nobel Prize winner, AI godfather Geoffrey Hinton, says he’s proud his student fired OpenAI boss Sam Altman
fortune.com/2024/10/09/openai-sam-altman-geoffrey-hinton-nobel-prize-physics-ilya-sutskever-toronto/
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Quick Glance: Hinton Praises Sutskever for Firing Altman
- Geoffrey Hinton won a Nobel Prize this week for his foundational work on artificial neural networks.
- In his speech, Hinton praised a former student who took action against OpenAI's CEO, Sam Altman.
- Hinton celebrated Altman's firing by the OpenAI board in November 2023 as a victory for AI safety.
- However, despite the celebration, Altman now wields greater control over OpenAI and may soon receive equity.
OpenAI Singapore Office To Boost City's Artificial Intelligence Ambitions: Welcome to Singapore Edition. Each week we bring you insights into one of Asia’s ...
bloomberg.com/news/newsletters/2024-10-12/openai-singapore-office-to-boost-city-s-artificial-intelligence-ambitions
Elon Musk's drive to lead AI race stems from childhood, biographer says: Walter Isaacson says Elon Musk's mission to save humanity from hostile AI likely stems ...
businessinsider.com/elon-musk-ai-motivation-childhood-sci-fi-themes-walter-isaacson-2024-10
Quick Glance: Elon Musk's Childhood Dreams Shape His AI Ambitions
- Walter Isaacson highlights that Elon Musk's ambitions in AI are rooted in his childhood and science fiction literature.
- Musk intends to start a new AI company due to his distrust of Sam Altman and believes multiple developers should oversee each other.
- Isaacson emphasizes Musk's view of himself as a savior for humanity, particularly regarding AI risks and the goal of becoming a multiplanetary species.
- Musk has expressed criticism of OpenAI and filed a lawsuit while attempting to create transparency within his own company, xAI.
Crypto Firm Arkham, Backed by OpenAI’s Altman, to Launch Derivatives Exchange: Arkham Intelligence Inc., a blockchain data company backed by investors including ...
bloomberg.com/news/articles/2024-10-11/crypto-firm-arkham-backed-by-openai-s-altman-to-launch-derivatives-exchange
Don't expect OpenAI to turn a profit any time soon: A report from The Information revealed that while OpenAI was burning less cash than previously thought ...
businessinsider.com/openai-profit-funding-ai-microsoft-chatgpt-revenue-2024-10
What Masayoshi Son can teach us about investing: When OpenAI raised $6.6 billion of fresh capital last week, the pioneering artificial intelligence startup’s ...
reuters.com/breakingviews/what-masayoshi-son-can-teach-us-about-investing-2024-10-11/
Meta's AI chatbot to be available in new markets including Brazil, UK: Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI ...
reuters.com/technology/artificial-intelligence/metas-ai-chatbot-be-available-new-markets-including-brazil-uk-2024-10-09/
Nobel win for Google DeepMind cofounder shows progress towards vision of ‘AI scientists’
fortune.com/2024/10/10/nobel-win-for-google-deepmind-cofounder-shows-progress-towards-vision-of-ai-scientists/
Paid articlePaywall OpenAI backer Vinod Khosla talks about taking on Elon Musk: Vinod Khosla is concerned there is too much doom and gloom about AI from "Luddites" and says we are ...
businessinsider.com/openai-vinod-khosla-fixing-ai-image-2024-10
OpenAI launches new ‘Canvas’ ChatGPT interface tailored to writing and coding projects
techcrunch.com/2024/10/03/openai-launches-new-canvas-chatgpt-interface-tailored-to-writing-and-coding-projects/
It’s Time to Stop Taking Sam Altman at His Word: Understand AI for what it is, not what it might become.
theatlantic.com/technology/archive/2024/10/sam-altman-mythmaking/680152/
Quick Glance: Unmasking the Illusion of the AI Revolution
- OpenAI has raised $6.6 billion in new funding, valued at $157 billion, despite significant annual losses.
- Sam Altman's manifesto, 'The Intelligence Age,' promises a revolutionary future through AI, but many experts remain skeptical about this vision's feasibility.
- Current AI products seem to fail to justify initial excitement, often proving faulty and lacking groundbreaking advancements.
- Altman focuses on future AI visions while often neglecting the present challenges and negative impacts of the technology.
AI Glossary: A-Z of Artificial Intelligence Terms to Know: Every advance in artificial intelligence comes with a confusing plethora of arcane terminology ...
bloomberg.com/features/2024-artificial-intelligence-glossary/
Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric
reuters.com/technology/artificial-intelligence/uber-launch-ai-assistant-powered-by-openais-gpt-4o-help-drivers-go-electric-2024-10-08/
Khosla Ventures just backed OpenAI with $405M more, but not necessarily with its own capital
techcrunch.com/2024/10/11/khosla-ventures-just-backed-openai-with-405m-more-but-not-necessarily-with-its-own-capital/
Meta, challenging OpenAI, announces new AI model that can generate video with sound
reuters.com/technology/artificial-intelligence/meta-challenging-openai-announces-new-ai-model-that-can-generate-video-with-2024-10-04/
CNA Oct 10
OpenAI sees continued attempts by threat actors to use its models for election influence
channelnewsasia.com/world/openai-sees-continued-attempts-threat-actors-use-its-models-election-influence-chatgpt-4668641
Changing OpenAI's nonprofit structure could have big consequences: The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its ...
apnews.com/article/openai-sam-altman-nonprofit-equity-investment-irs-1447dc7589ae312017f7141384b19535
Hugging Face’s new tool lets devs build AI-powered web apps with OpenAI in just minutes
venturebeat.com/ai/hugging-face-new-tool-developers-build-ai-web-apps-openai-minutes/
Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric | Reuters
Taylor Swift, Magic Johnson, Sam Altman: The American Billionaires Too Poor To Make The 2024 Forbes 400 List
forbes.com/sites/jemimamcevoy/2024/10/01/taylor-swift-magic-johnson-sam-altman-the-american-billionaires-too-poor-to-make-the-2024-forbes-400-list/
Quick Glance: Billionaires Missing from the 2024 Forbes 400 List
- This year, a minimum net worth of $3.3 billion is required for inclusion on the Forbes 400 list, setting a new record.
- A total of 415 U.S. billionaires, including Taylor Swift and Magic Johnson, are not on the list, marking the first time there are more excluded than included.
- Notable figures such as Oprah Winfrey and Kim Kardashian, as well as tech leaders like Sam Altman and Palmer Luckey, lack sufficient wealth for the Forbes 400.
- Despite current standings, individuals like Altman may soon join the list due to potential corporate restructuring.
Elon Musk’s xAI moves into OpenAI’s old HQ: San Francisco's Mission district isn't known for corporate offices, but it's now home to two of the ...
techcrunch.com/2024/10/02/elon-musks-xai-moves-into-openais-old-hq/
CNA Oct 08
Commentary: Educators shouldn’t rush to punish students based on what AI detectors say
channelnewsasia.com/commentary/ai-detector-university-school-teacher-student-assess-writing-test-4665366
OpenAI’s Canvas can translate code between languages with a click: New side-by-side document and code-editing feature catches up with Anthropic’s Artifacts.
arstechnica.com/ai/2024/10/openais-canvas-eases-collaborations-with-chatgpt/
Elon Musk to open xAI office in OpenAI’s former headquarters in S.F. Mission District
trib.al/Y3X6rKe
Quick Glance: Musk Opens xAI Office in Former OpenAI Headquarters
- Elon Musk's company xAI has opened an office in the Pioneer Building in San Francisco, previously leased to OpenAI.
- This move follows Musk's decision not to sublease the building after OpenAI vacated the premises.
- Musk announced the opening during an exclusive event, stating that the building has already been refurbished.
- xAI remains a direct competitor to OpenAI, which is actively expanding its presence in the city.
Anthropic hires OpenAI co-founder Durk Kingma | TechCrunch: Anthropic has hired Durk Kingma, one of the co-founders of OpenAI. Kingma previously founded Google's ...
tcrn.ch/3ZIQG9n
Quick Glance: Durk Kingma Joins Anthropic from OpenAI
- Durk Kingma, a co-founder of OpenAI, has announced his new role at Anthropic.
- He will primarily work remotely from the Netherlands and looks forward to collaborating with Anthropic's skilled team on responsible AI systems.
- Kingma has significant experience from his work at OpenAI and Google, where he focused on generative AI models.
- His hiring adds to Anthropic's talent pool, which has recently included several former OpenAI employees.
Mark Cuban says OpenAI might not win the AI race: The billionaire said he could have invested in the AI startup behind ChatGPT during its latest funding round ...
qz.com/mark-cuban-nothing-says-openai-win-ai-race-google-meta-1851665440
SoftBank Group Chief Executive Masayoshi Son reiterated his bullish forecasts for artificial intelligence in a speech Thursday that stressed advances made by ... Show more
AI to Have Human-Level Abilities in a Few Years, SoftBank CEO Son Says
AI to Have Human-Level Abilities in a Few Years, SoftBank CEO Son Says
AI hype among advertisers has dimmed, but there are promising avenues: Two years after OpenAI's ChatGPT and other chatbots launched, advertisers' excitement over ...
businessinsider.com/advertisers-gen-ai-hype-turning-to-skepticism-2024-10
One of Amazon's top AI executives is out: Matt Wood, the VP of AI at Amazon Web Services, exits the company after 15 years amid fierce competition from OpenAI ...
businessinsider.com/amazon-ai-executive-leaves-matt-wood-2024-10
Get Lost, Siri: How to Replace Apple's Assistant With ChatGPT on Your iPhone: Don't want to wait for Siri's big Apple Intelligence upgrade? Here's how to replace ...
pcmag.com/how-to/how-to-replace-siri-with-chatgpt-on-iphone-apple-shortcuts
OpenAI establishes $4 bln credit facility OpenAI secures $4 bln credit facility | Reuters
From @Breakingviews : OpenAI, the AI firm behind ChatGPT, is now worth $157 billion. Does OpenAI's superheated revenue growth justify its price tag? Not unless some ... Show more
Nvidia stock surge nears all-time high after OpenAI funding: Nvidia's stock surged 24% in a month, driven by OpenAI's $6.6 billion funding and ongoing demand for ...
businessinsider.com/nvidia-stock-nears-all-time-high-after-openai-funding-2024-10
Irish-founded unicorn Intercom is ditching ChatGPT for Anthropic’s Claude to handle customer service chats
fortune.com/europe/2024/10/10/irish-founded-intercom-ditching-chatgpt-antrhopic-claude-customer-service/
Paid articlePaywall
OpenAI is right to abandon non-profit status : Complicated corporate structures cannot force leaders to agree and makes fundraising more difficult
ft.com/content/8f192751-598c-4b92-ab8d-c1d368fdfb36
OpenAI just raised $6,600,000,000 in funding for a $157,000,000,000 valuation. 💰💰💰
OpenAI partners with Cosmopolitan and Elle publisher Hearst: Starting today, content from Hearst-owned publications, including Cosmopolitan and Elle ...
engt.co/3Nj06ks
Fidelity has cut its estimate of X’s value by 79% since Musk’s purchase: Elon Musk's X is now worth less than a quarter of its $44 billion purchase price ...
techcrunch.com/2024/09/29/fidelity-has-cut-xs-value-by-79-since-musk-purchase/
Quick Glance: Fidelity Cuts X's Value by 79% Since Musk Purchase
- Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price.
- Fidelity has marked down its stake in X to approximately $4.18 million, representing a 78.7% reduction.
- Previously, Fidelity valued its shares in X at about $5.5 million as of July, indicating a significant decline.
- Overall, Fidelity currently estimates X's value at around $9.4 billion.
Behind the Curtain: Future of AI will mean having a Ph.D. army in your pocket: AI has rapidly gone from high schooler to college grad to mediocre Ph.D. student.
axios.com/2024/09/30/artificial-intelligence-ability-advanced-chatgpt
Quick Glance: Newsom Rejects Controversial AI Safety Legislation
- California Governor Gavin Newsom vetoed SB 1047, which would have established the strictest regulations for the AI industry.
- Despite overwhelming legislative support, Newsom expressed concerns over the bill's stringent requirements for tech companies.
- Critics like Senator Scott Wiener labeled the veto a setback for AI accountability, while some tech leaders viewed the bill as a hindrance to innovation.
- Other states have enacted targeted laws addressing AI bias and consumer protection, while Congress has yet to take federal action.
OpenAI reportedly plans to increase ChatGPT's price to $44 within five years: A new document distributors to investors shows that OpenAI wants to raise the ...
engadget.com/ai/openai-reportedly-plans-to-increase-chatgpts-price-to-44-within-five-years-225413308.html
OpenAI Seeks Dismissal Of Elon Musk’s Lawsuit—Calls It A ‘Blusterous’ Harassment Campaign
go.forbes.com/c/Cnek
OpenAI now has a $4 billion credit line on top of $6.6 billion in funding: OpenAI has access to even more money after revealing it has established a new $4 ...
engt.co/3ZQQ1CB
OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the ... Show more
OpenAI wants all your apps to talk in its expressive AI voices: OpenAI will let businesses use the latest voice technology in ChatGPT inside their own products ...
washingtonpost.com/technology/2024/10/01/openai-realtime-voice-mode-dev-day/
Hearst, OpenAI set partnership for U.S. newspaper and magazine content: Hearst Corp. has announced a deal to license its U.S. newspaper and magazine content to ...
houstonchronicle.com/about/newsroom-news/article/hearst-open-ai-partnership-19823136.php
OpenAI secures $4 bln credit facility: OpenAI said on Thursday it has secured a new $4 billion credit facility, in addition to the $6 ...
reuters.com/technology/artificial-intelligence/openai-establishes-4-bln-credit-facility-2024-10-03/
Google is taking its rivalry with OpenAI to another level: Teams at Google have reportedly made progress on software that can solve multistep problems
qz.com/google-reasoning-ai-model-compete-openai-chatgpt-gemini-1851663139
OpenAI will become 'most Orwellian company of all time' AI expert says: AI expert Gary Marcus says OpenAI may be forced to "become a surveillance" company to ...
businessinsider.com/openai-orwellian-surveillance-gary-marcus-nsa-nakasone-2024-10
OpenAI's AI-adjusted profit numbers have echoes of Groupon and WeWork: The startup is asking investors to ignore the cost of AI model training ...
businessinsider.com/openai-ai-adjusted-earnings-groupon-wework-accounting-2024-10
Forbes Daily: Inflation Delivers Mixed Signals On Economic Recovery: Friday’s edition of Forbes Daily covers new sports investments, OpenAI’s plans for creators ...
forbes.com/sites/daniellechemtob/2024/10/11/forbes-daily-inflation-delivers-mixed-signals-on-economic-recovery/
Microsoft and Nvidia Are Backing OpenAI. This Could Be Why Apple Isn’t.: Apple, the iPhone maker, was reported last month to have pulled out of talks to join in ...
barrons.com/articles/microsoft-nvidia-apple-openai-investment-5d839364
Paid articlePaywall Why tech unicorns struggle to avoid the glue factory: More companies are reaching the $1bn valuation milestone, but growing from horned foal to winged steed is ...
ft.com/content/39e2452b-8223-4919-89cf-799b90af447a
Turning OpenAI Into a Real Business Is Tearing It Apart: Executives and researchers have left the artificial-intelligence company this year amid disputes over ...
on.wsj.com/4eDItHH
Here are the executives running Anthropic right now: Meet the leaders at Anthropic, who are driving safe AI innovations, and appealing to Fortune 500 companies ...
businessinsider.com/here-are-the-executives-running-anthropic-right-now-2024-10
OpenAI projects $11.6 billion revenue for 2025, offers Thrive another investment opportunity
wionews.com/business-economy/openai-projects-116-billion-revenue-for-2025-offers-thrive-another-investment-opportunity-763137
Quick Glance: Thrive Capital Secures Exclusive Investment Opportunity with OpenAI
- Thrive Capital is investing over $1 billion in OpenAI and has the option to invest an additional $1 billion next year if revenue targets are met.
- OpenAI forecasts revenues of $11.6 billion next year, while losses could reach $5 billion this year.
- The current funding round, expected to close by the end of next week, could value OpenAI at $150 billion.
- Revenue sources include corporate services and subscriptions for ChatGPT, which is projected to generate $2.7 billion this year.
New AI writing tool launched Wednesday - UPI.com: San Francisco-based artificial intelligence firm Writer Incorporated launched its AI-writing model Wednesday to ...
upi.com/Top_News/US/2024/10/09/writer-generative-ai/5021728512027/
OpenAI Makes History Again, This Time by Scoring Billions From Investors: Get up to speed on the rapidly evolving world of AI with our roundup of the week's ...
cnet.com/tech/computing/openai-makes-history-again-this-time-by-scoring-billions-from-investors/
Meta unveils advanced video-creation AI: Meta says Movie Gen creates longer, more customizable videos than rival tools — but it's not available yet.
axios.com/2024/10/04/meta-ai-video-movie-gen
6 insane OpenAI Realtime API examples: Developers beat Alexa, Siri with these unique creations
indianexpress.com/article/technology/artificial-intelligence/6-insane-openai-realtime-api-examples-siri-alexa-9615118/
OpenAI lets developers build real-time voice apps - at a substantial premium: Sending and receiving real-time audio will cost developers twice the rate of ...
zdnet.com/article/openai-lets-developers-build-real-time-voice-apps-at-a-substantial-premium/
thedailystar.net Oct 02
OpenAI unveils new tool to simplify AI voice assistant development: OpenAI has recently unveiled the 'Realtime API' in public beta, a tool designed to ...
thedailystar.net/tech-startup/news/openai-unveils-new-tool-simplify-ai-voice-assistant-development-3717696
Quick Glance: OpenAI Introduces New APIs for Voice Assistants
- OpenAI unveiled four significant API updates at DevDay 2024 in San Francisco, including the Realtime API for speech conversations.
- The Realtime API allows developers to create voice assistants more efficiently by handling the entire process with a single API call.
- Two new features, model distillation and prompt caching, assist developers in saving costs and optimizing the performance of their applications.
- Additionally, the introduction of image fine-tuning enhances the customization of the multimodal GPT-4o using both images and text.
Chinese Hackers Sent OpenAI Staff Malware in Spear-Phishing Attacks: Hackers have been sending OpenAI employees suspicious zip files containing Windows ...
pcmag.com/news/chinese-hackers-sent-openai-staff-malware-in-spear-phishing-attacks
The 10 most valuable private companies in the world: 6 of the 10 most valuable unicorns are in the U.S.
qz.com/unicorn-startup-private-company-openai-bytedance-spacex-1851666550
🔊 In the aftermath of Hurricane Helene, Western North Carolina may be without clean water for weeks. Tune in to the Reuters World News podcast for insights ... Show more
Israel bombs Beirut, Iran's Hezbollah infiltration warning, UN head barred and Helene water shortage | Reuters
Israel bombs Beirut, Iran's Hezbollah infiltration warning, UN head barred and Helene water shortage | Reuters
Nvidia's 'insane' chip demand, OpenAI's big money, and Google's next move: AI news roundup
qz.com/nvidia-ai-chip-demand-openai-market-cap-google-1851664762
🔊 OpenAI has completed a new funding round that has turbocharged its valuation. More with @carmelcrimmins on the Reuters World News daily podcast reuters.com
OpenAI tells investor to not invest in five AI startups including Sutskever's SSI
reuters.com/technology/openai-tells-investor-not-invest-five-ai-startups-including-sutskevers-ssi-2024-10-02/
OpenAI asks investors to avoid five AI startups including Sutskever's SSI, sources say OpenAI asks investors to avoid five AI startups including Sutskever's SSI, sources say | Reuters
TikTok's owner is scraping the web 25 times faster than OpenAI: ByteDance's bot has reportedly had spikes in scraping activity in the last six weeks
qz.com/tiktok-owner-bytedance-web-scraper-bot-faster-openai-ai-1851665230
Microsoft and Nvidia Are Backing OpenAI. Why Isn't Apple?: Apple, the iPhone maker, was reported last month to have pulled out of talks to join in OpenAI's ...
on.barrons.com/4gNuMb0
FirstFT: OpenAI demands exclusive relationships with investors: Also in today’s newsletter, Vietnamese fishermen injured in clash with Chinese vessels ...
ft.com/content/b1de4624-266c-40c3-a8b4-ade9053e521c
We’re Entering Uncharted Territory for Math: Terence Tao, the world’s greatest living mathematician, has a vision for AI.
theatlantic.com/technology/archive/2024/10/terence-tao-ai-interview/680153/
AI startups ride on investor frenzy to raise billions in 2024: OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted ...
reuters.com/technology/artificial-intelligence/ai-startups-ride-investor-frenzy-raise-billions-2024-2024-10-04/
OpenAI COO Brad Lightcap on Monday discussed the company's new o1 model and the company's partnership with Apple.
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FT Exclusive: The San Francisco-based group, led by chief executive Sam Altman, has made clear that OpenAI expects an exclusive funding arrangement as the ... Show more
Daily Sabah Sep 29
Human trainers provide essential know-how for smarter AI: In the early years, getting top AI models like ChatGPT or its rival Cohere to produce human-like ...
dailysabah.com/business/tech/human-trainers-provide-essential-know-how-for-smarter-ai
OpenAI lets anyone use its new voice assistant in third-party apps: OpenAI is letting businesses and developers include its real-time voice assistant in their ...
bloomberg.com/news/articles/2024-10-01/openai-lets-anyone-use-its-new-voice-assistant-in-third-party-apps
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