Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s top safety leaders left the company this week after disagreement over whether to prioritise “shiny products” or safety reached “breaking point”, says one of the departing researchers. Jan Leike, who led OpenAI’s efforts to…
The ChatGPT Team tier provides access to GPT-4, DALL-E 3, and OpenAI’s Advanced Data Analysis feature, along with data control. OpenAI, one of the leading artificial intelligence companies in the United States, has officially launched its highly-anticipated GPT Store, providing users with a platform to share their personalized chatbots. The Store’s debut comes after a…
Justin Sullivan Microsoft’s valuation implies AI potential can defy gravity If you believe in the pursuit of growth at any cost, this article is not for you. The basic premise of this article’s thesis is that valuation ALWAYS matters. Under this premise, I will explain A) why Microsoft’s (NASDAQ:MSFT) valuation is far above its fair…
With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses. Mistral AI, a formidable competitor to OpenAI, is in the final stages of securing approximately €450 million ($487 million) in a funding round. Notable investors, including Nvidia…
Altman shared his strategic vision for the future of OpenAI. He noted that the firm will renew its commitment to research, improving its products, and better serving its customers. OpenAI CEO Sam Altman has officially returned to his role after being temporarily ousted by the company board. At the time, the board cited communication breakdowns…
Justin Sullivan While the OpenAI drama showed Microsoft (NASDAQ:MSFT) as a crucial partner for Sam Altman, the situation proved customers need access to other AI sources. The stock soared to all-time highs on signs of a coup of hiring the King of AI, but a week of drama left Sam back at an OpenAI with…
Justin Sullivan/Getty Images News Listen below or on the go on Apple Podcasts and Spotify Sam Altman to return to OpenAI as CEO with new board of directors. (00:27) Nvidia (NVDA) slips as Q3, guidance blow past expectations. (02:58) Elon Musk, Tesla (TSLA) engineers were aware of Autopilot defect – judge. (03:58) This is an…
Altman’s return could have far-reaching implications for OpenAI’s strategic direction. His previous tenure with the organization saw a strong emphasis on collaboration and partnerships with industry leaders. OpenAI has made a swift turnaround in its leadership decisions, announcing an agreement in principle for Sam Altman’s return as CEO. The announcement, made earlier today via a…
OpenAI’s offer also included making Anthropic’s CEO and co-founder Dario Amodei a replacement for Altman. Artificial Intelligence (AI) company Anthropic may have just refused to enter into a merger deal with OpenAI. According to a report by The Information and another report by Reuters, OpenAI’s board of directors put forward the offer following last week’s…
The OpenAI employees said in the letter that the board’s ousting of Altman shows a lack of competence to manage the firm and help it achieve its goal of becoming the leading global artificial intelligence company. In a dramatic turn of events, hundreds of OpenAI employees, including high-ranking executives, are on the brink of leaving…
OpenAI President Greg Brockman, a pivotal figure in the company’s technical achievements, resigned from the board on the same day as Altman’s dismissal. Following the untimely departure of Sam Altman, Emmett Shear, co-founder of Twitch, has been named as the interim CEO of OpenAI, according to reports. This move aims to provide stability during a…
Amid all the drama that’s unfolding at OpenAI, reports suggest that Sam Altman won’t rejoin the company, but rather lead the AI research team at Microsoft. Over the last weekend, some major drama unfolded at the artificial intelligence firm OpenAI upon the ouster of company CEO Sam Altman. However, sources familiar with the matter stated…
OpenAI dismissed CEO Sam Altman due to transparency issues. Worldcoin (WLD) faces a 10% drop as Altman’s dismissal shakes the crypto market. The board of directors at OpenAI announced today the dismissal of its CEO, Sam Altman, citing a lack of transparency in his communications with the board. According to the statement published on the…
Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s ongoing efforts to recruit talent…
To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4. In a groundbreaking move, OpenAI has announced the launch of a cutting-edge platform that allows users to create personalized versions of the popular AI chatbot ChatGPT, which made history months after…
G42’s recent partnership with OpenAI shows the company’s dedication to fostering AI adoption in the UAE. OpenAI, the brains behind the creation of the popular artificial intelligence (AI) tool, ChatGPT has entered into a strategic partnership with Abu Dhabi’s technology conglomerate G42. In an announcement on Wednesday, the company said that the new collaboration will…
OpenAI’s success with ChatGPT has since kicked off an unspoken AI competition among tech giants who are also looking to set their chatbots apart from the rest. OpenAI has now launched real-time capabilities for its brainchild innovation chatbot ChatGPT. Since the viral innovation came to be, there have been concerns raised over its limited data…
Aside from announcing the new tool, OpenAI executives also shared valuable insights into future AI models. OpenAI is working on a new tool capable of detecting AI-generated images with remarkable accuracy levels. Mira Murati, the Chief Technology Officer of OpenAI, shared this development while speaking at the Wall Street Journal’s Tech conference in Laguna Beach,…
This AI system is designed to alleviate the increasing compliance burden and complexity faced by businesses in a global context. PricewaterhouseCoopers LLP (PwC), one of the world’s leading accounting and consulting firms, has partnered with OpenAI to integrate Artificial Intelligence (AI) into its advisory services. This innovative collaboration marks a significant milestone as PwC becomes…
There is a growing interest in generative AI space, which has inadvertently resulted in increased demand for Graphical Processing Units (GPUs). OpenAI, the company widely known for its artificial intelligence (AI) chatbot ChatGPT, is reportedly interested in manufacturing custom AI chips. According to a Reuters report, which cited inside sources, OpenAI may already have its…
With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model. A week after raising $1.25 billion from tech giant Amazon, OpenAI rival firm Anthropic has tapped Google and others to raise an additional $2 billion in fresh funding. Google had already picked up…
The company is also projected to reach $1 billion in revenue over this year from the premium version of ChatGPT and from giving business access to its AI technology including GPT-3. Tech startup OpenAI is reportedly planning a share sale that could potentially push the company’s valuation from $29 billion to somewhere between $80 billion…
OpenAI collaborated with different professional voice actors and used its open-source speech recognition software dubbed Whisper to enable a seamless experience for ChatGPT users. Leading generative artificial intelligence (AI) company that is backed by Microsoft Corporation (NASDAQ: MSFT) OpenAI has announced the addition of more features to the ChatGPT platform meant for paid users. According…
Starting from October, ChatGPT Plus and ChatGPT Enterprise clients will be granted access to DALL-E via the API. OpenAI has announced the release of DALL-E 3, the latest version of the text-to-image tool that uses ChatGPT to help create prompts. Users will be able to tweak their prompts – descriptions of images they want generated…
OpenAI’s decision to open an office in Dublin places it among the growing list of US tech companies establishing a presence in the Irish capital. OpenAI, one of the world’s foremost leaders in Artificial Intelligence (AI) research, has announced the opening of a new office in Dublin, marking its third office worldwide. With its headquarters…
According to reports, OpenAI may provide updates about some of its products, including the highly anticipated ChatGPT-5, which is still in the works. ChatGPT maker OpenAI is about to make history with its inaugural developer conference, OpenAI DevDay, scheduled for November 6 in the United States. The upcoming event marks a significant milestone in the…
The new AI chatbot will allow Morgan Stanley cater more effectively to its growing wealth division and the teeming clients there. American financial services company Morgan Stanley is looking to introduce an artificial intelligence (AI) chatbot in interactions with its wealthy clients. Morgan Stanley developed the chatbot in collaboration with OpenAI, the company behind ChatGPT. Both Morgan Stanley and…
OpenAI revealed that since the launch of ChatGPT nine months ago, it has been adopted by more than 80% of Fortune 500 companies. OpenAI is poised to generate over $1 billion in revenue over the next 12 months, a projection that is reportedly well out of the scope of what was previously shared with shareholders….
OpenAI announced that ChatGPT Enterprise will include unlimited access to GPT-4 and also offer longer context windows for processing more inputs. OpenAI, an American artificial intelligence (AI) research laboratory consisting of the non-profit OpenAI, Inc. and its for-profit subsidiary corporation OpenAI LP, announced the launch of its latest product dubbed ChatGPT Enterprise to help organizations…
For the best results, OpenAI recommends combining fine-tuning with other techniques such as prompt engineering, information retrieval, and function calling. OpenAI customers can now customize GPT-3.5 Turbo according to their needs using the newly unveiled fine-tuning feature. OpenAI announced this update in a blog post on Tuesday. It follows from the customization updates the company…
The launch of GPTBot comes a few weeks after OpenAI filed a trademark application for “GPT-5”. OpenAI, a US-based artificial intelligence (AI) company, has introduced GPTBot, a groundbreaking web crawling tool designed to enhance future AI models like ChatGPT. According to the company’s blog post, the new AI tool serves as a web crawler, a…
Both companies recognize the potential of AI technologies and are actively seeking to harness them to boost their businesses. Rakuten Group has just entered into a strategic partnership with artificial intelligence (AI) firm OpenAI. By signing a memorandum of understanding with OpenAI, the Japanese company will be seeking to explore business opportunities that the partnership…