OpenAI is “on track” to unveil its first AI device in the second half of 2026, Policy Chief Chris Lehane said at an Axios event in Davos on Monday, putting a timeline on the much awaited hardware designed by the legendary Jony Ive. Jony Ive (left) and Sam Altman. (Handout) Lehane listed devices as one […]
OpenAI Inc. and Microsoft failed to escape a trial over Elon Musk’s claims that Sam Altman’s startup betrayed its founding mission as a public charity when it took billions in funding from the software giant and made plans to operate as a for-profit business. Microsoft CEO Satya Nadella (right) and OpenAI’s Sam Altman. (AFP) On […]
Alphabet Inc.’s Google debuted an updated version of its AI model Gemini that executives said represents a “massive jump” in reasoning and coding ability. As part of the Gemini 3 rollout and in this push for growth, Google will be offering US college students Gemini Pro for free for a year. (Unsplash) The new model, […]
Sam Altman has pushed back at the idea that OpenAI Inc. would seek federal guarantees to reduce the risk of its AI infrastructure spending spree, one day after a top executive at the ChatGPT maker suggested there may be a role for the government to help finance the technology. OpenAI CEO Sam Altman says it […]
Amazon.com Inc. will supply OpenAI with cloud computing services under a multi-year $38-billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. OpenAI recently turned into a for-profit enterprise. (Reuters) The agreement announced on Monday underscores the AI industry’s surging appetite for […]
Techbros Sam Altman and Elon Musk traded jibes online over the status of OpenAI Inc., after the AI company they co-founded turned into for-profit enterprise following an investment from Microsoft Corp. last week. Tesla CEO Elon Musk (left) and OpenAI CEO Sam Altman. (AFP) “You stole a non-profit,” Musk wrote on X, formerly Twitter, responding […]
OpenAI Inc. has started laying the groundwork for an IPO that could peg the ChatGPT creator’s valuaton at up to $1 trillion, setting the stage for what could be one of the biggest initial public offerings of all time. An OpenAI IPO is not our focus, so we could not possibly have set a date, […]
Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI a valuation of $500 billion and more freedom it its business operations. OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP) The deal removes a major constraint on […]
