Open AI

After a failed attempt to acquire Safe Superintelligence (SSI), an AI startup co-founded by OpenAI's former chief scientist, Meta Platform Inc. (NASDAQ:META) is intensifying its pursuit of artificial intelligence through an aggressive recruitment strategy aimed at attracting top talent. What...

The relationship between OpenAI and Microsoft Corporation (NASDAQ:MSFT) is becoming increasingly strained, with OpenAI reportedly contemplating a drastic move in the ongoing negotiations. What Happened: OpenAI is exploring the option of accusing Microsoft of anticompetitive...

Despite offering salaries in millions annually, Meta Platforms Inc. (NASDAQ:META) is reportedly witnessing a talent drain in its AI division, with employees migrating to competitors OpenAI and Anthropic amid the rising demand for AI expertise. What Happened: The demand...

A series of experiments conducted by Palisade Research has shown that some advanced AI models, like OpenAI's o3 model, are actively sabotaging with shutdown mechanisms, even when clearly instructed not to. What Happened: According to Palisade Research's posts on X, "OpenAI's o3 model sabotaged a...

Chinese startup DeepSeek has upended the artificial intelligence industry’s assumptions about costs and computing power, just as OpenAI announced its latest model can cost up to $3,000 per query. DeepSeek’s R1 model, which rivals top U.S. systems in performance, reportedly cost just $5....

TaskUs, Inc. (NASDAQ:TASK) shares were climbing on Friday. The company is an "underappreciated beneficiary of AI investment," with exposure to key customers Meta Platforms and Open AI, according to Morgan Stanley. Analyst James Faucette upgraded the rating for TaskUs from Equal-Weight to Overweight...

Jony Ive, the iconic former Apple designer known for shaping the look of the iPhone and countless other products, is entering a new venture. And it’s with OpenAI’s CEO, Sam Altman. This partnership was confirmed in a recent New York Times profile that sheds light on what Ive has been up...

On Wednesday, Microsoft Corp (NASDAQ:MSFT)-backed OpenAI, the creator of ChatGPT, announced a shift from a non-profit to a for-profit benefit corporation to make the AI startup more appealing to potential investors. CEO Sam Altman may receive equity in the for-profit company, which could...

First, there was the Magnificent 7 of publicly traded companies: Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NYSE:MSFT), Nvidia Corporation (NASDAQ:NVDA), Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:META) and Tesla Inc. (NASDAQ:TSLA...

OpenAI, the creator of ChatGPT, released teasers for its new text-to-video artificial intelligence (AI) tool, Sora, for the first time this week and people are marveling at the capabilities. OpenAI co-founder Sam Altman took to social media to showcase the tool’s ability to transform text...

The U.S. stock market bids farewell to a truly unforgettable year, characterized by the artificial intelligence revolution, which defied numerous gloomy forecasts made at the year’s outset. All the major U.S. indices concluded the year either at or near unprecedented highs, driven by a robust...

The week was once again a thrilling one for technology enthusiasts, especially for those keeping tabs on the evolving AI landscape. Google’s parent company, Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), made a notable move in anticipation of the 2024 U.S. Presidential election. Meanwhile,...

On Tuesday, Baidu Inc (NASDAQ: BIDU) shares rose 2% after as the Chinese tech giant reported solid third quarter results. While Open AI stayed without its key figures and Microsoft Corporation (NASDAQ: MSFT), with its 49% stake in the company, having to deal with the drama, Baidu continues to...

In a surprising development, OpenAI named Mira Murati as its interim chief executive officer following Sam Altman's unexpected departure.  Murati expressed her gratitude for this opportunity in a staff memo, emphasizing her commitment to the company's core values...

Artificial intelligence (AI) firm OpenAI is reportedly discussing a share sale with investors, which could catapult its valuation to $90 billion. That’s a sharp rise from its earlier valuation this year, showcasing a threefold increase. What Happened: As reported by The Wall...