OpenAI

OpenAI raises $6.6 bln funding from Microsoft, Nvidia, and others

OpenAI, the company behind ChatGPT, has raised $6.6 billion in new funding, attracting major investors including Microsoft, Nvidia, Thrive Capital, and Khosla Ventures, according to a recent Reuters report.

Analysis / AI's next feat will be its descent from the cloud

Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,

OpenAI unveils new tool to simplify AI voice assistant development

OpenAI has recently unveiled the 'Realtime API' in public beta, a tool designed to help developers create low-latency, voice-interactive applications.

Apple to leave OpenAI's funding round: report

Apple has stepped away from negotiations to invest in OpenAI's latest funding round, which is expected to raise about $6.5 billion, according to a report by the Wall Street Journal.

OpenAI for-profit shift: Sam Altman to get 7% equity

OpenAI is planning on granting CEO Sam Altman a 7% equity stake as part of a broader shift towards becoming a for-profit entity, according to a recent report by Bloomberg.

OpenAI CTO Mira Murati to step down

Mira Murati, Chief Technology Officer (CTO) at OpenAI and an important figure behind the development of ChatGPT and DALL-E, the platform’s text-to-image generator, has announced she will be stepping down from her role.

OpenAI's stunning $150 billion valuation hinges on upending corporate structure, sources say

OpenAI is planning to raise funding at a potential valuation of $150 billion, according to a recent report by Bloomberg News. If the funding goes through, this would position the AI tech company as one of the biggest startups in the world.

OpenAI now has more than 1 million paid business users

OpenAI now has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, according to an announcement made by the company on Thursday.

AI startup by OpenAI co-founder raises $1 bln

Safe Superintelligence (SSI), a new AI startup co-founded by Ilya Sutskever, former chief scientist and co-founder at OpenAI, has raised $1 billion in cash. In an interview with Reuters, SSI announced its goal to build "safe AI systems that far surpass human capabilities".

October 3, 2024
October 3, 2024

OpenAI raises $6.6 bln funding from Microsoft, Nvidia, and others

OpenAI, the company behind ChatGPT, has raised $6.6 billion in new funding, attracting major investors including Microsoft, Nvidia, Thrive Capital, and Khosla Ventures, according to a recent Reuters report.

October 2, 2024
October 2, 2024

AI's next feat will be its descent from the cloud

Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,

October 2, 2024
October 2, 2024

OpenAI unveils new tool to simplify AI voice assistant development

OpenAI has recently unveiled the 'Realtime API' in public beta, a tool designed to help developers create low-latency, voice-interactive applications.

September 30, 2024
September 30, 2024

Apple to leave OpenAI's funding round: report

Apple has stepped away from negotiations to invest in OpenAI's latest funding round, which is expected to raise about $6.5 billion, according to a report by the Wall Street Journal.

September 29, 2024
September 29, 2024

OpenAI for-profit shift: Sam Altman to get 7% equity

OpenAI is planning on granting CEO Sam Altman a 7% equity stake as part of a broader shift towards becoming a for-profit entity, according to a recent report by Bloomberg.

September 26, 2024
September 26, 2024

OpenAI CTO Mira Murati to step down

Mira Murati, Chief Technology Officer (CTO) at OpenAI and an important figure behind the development of ChatGPT and DALL-E, the platform’s text-to-image generator, has announced she will be stepping down from her role.

September 12, 2024
September 12, 2024

OpenAI's stunning $150 billion valuation hinges on upending corporate structure, sources say

OpenAI is planning to raise funding at a potential valuation of $150 billion, according to a recent report by Bloomberg News. If the funding goes through, this would position the AI tech company as one of the biggest startups in the world.

September 8, 2024
September 8, 2024

OpenAI now has more than 1 million paid business users

OpenAI now has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, according to an announcement made by the company on Thursday.

September 5, 2024
September 5, 2024

AI startup by OpenAI co-founder raises $1 bln

Safe Superintelligence (SSI), a new AI startup co-founded by Ilya Sutskever, former chief scientist and co-founder at OpenAI, has raised $1 billion in cash. In an interview with Reuters, SSI announced its goal to build "safe AI systems that far surpass human capabilities".

September 1, 2024
September 1, 2024

OpenAI, Meta flex muscles as AI race heats up

OpenAI, the creator of ChatGPT, said that usage of its iconic chatbot had more than doubled since November to 200 million active monthly users