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The Latest Breaking News from OpenAI

OpenAI Valuation Soars To $500 Bn In Private Share Sale: Reports

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday.

International Business Times

Stocks Rise Before the Open on Fed Rate-Cut Hopes and AI Optimism

December S&P 500 E-Mini futures (ESZ25) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.32% this morning, buoyed by hopes for Federal Reserve interest-rate cuts and optimism surrounding artificial intelligence.

Barchart

'The Winds of Winter' Update: Has George R.R. Martin Dropped The Most Brutal Hint Yet That 'TWOW' Will Never Be Completed?

George R.R. Martin reveals the AI war is delaying 'The Winds of Winter.' Read why he says only a human will finish the book, or it will never be done.

International Business Times UK

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AI-generated security camera feed shows Sam Altman getting busted stealing GPUs from Target — ironic video shows OpenAI CEO saying he needs it for Sora inferencing

OpenAI showcased the capabilities of Sora 2 by getting its CEO busted.

Tom’s Hardware

OpenAI's Sora: Fast track to a vacuous AI-video future

The ChatGPT-maker's new app opens door to a world of copyright-violating slop and social-media harms.

Axios

Asian shares track Wall St's rise as tech shares advance and investors shrug off the US shutdown

Shares have jumped in Asia, tracking Wall Street’s rise to new records despite the the shutdown of the U.S. government

The Independent UK

Asian Markets Surge On US Rate Hopes, Tech Fired By Chip Deal

Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government.

International Business Times

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Cathie Wood Bets Big On Chinese AI: Ark Buys Alibaba And Baidu In Back-to-Back Days, Dumps Shopify Despite Recent OpenAI Rally

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving major companies like Alibaba Group Holding Ltd (NYSE:BABA), Shopify Inc (NASDAQ:SHOP), Baidu Inc (NASDAQ:BIDU), and Brera Holdings PLC (NASDAQ:BREA). These trades reflect Ark’s strategic positioning in the evolving tech and AI sectors.

Benzinga

CoreWeave: Why the New King of AI Infrastructure Has Room to Run

A landmark agreement with Meta Platforms crowns CoreWeave as the premier provider of specialized cloud infrastructure for the most demanding AI workloads.

MarketBeat

Etsy Partners With OpenAI—What It Means for Investors Now

Etsy is on track to complete a reversal, but investors should be patient; forces are in play that point to volatility ahead of the Q3 earnings release.

MarketBeat

What is Sora 2, the AI model some say could be the end of Hollywood?

OpenAI's new model generates strikingly realistic video, but it's no movie maker.

Creative Bloq

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

AI researcher Yoshua Bengio claims AI could persuade or manipulate humans to achieve its own goals.

Fortune

OpenAI's Stargate project to consume up to 40% of global DRAM output — inks deal with Samsung and SK hynix to the tune of up to 900,000 wafers per month

Samsung and SK hynix have agreed to supply undiced DRAM wafers to OpenAI’s Stargate project, which could consume up to 900,000 wafers per month, or about 40% of global DRAM output, as Stargate is gearing up for unprecedented expansion.

Tom’s Hardware

Apparently the most popular clip on OpenAI's new AI video app Sora depicts Sam Altman stealing graphics cards

And that's why I wear a brown paper bag on my head at all times.

PC Gamer

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International Business Times UK

This Nvidia-Backed AI Stock Rallied Hard After Inking a $14B Cloud Deal With Meta Platforms

Nvidia-backed AI data centre operator CoreWeave shares rose almost 12% on Tuesday after it announced a long-term cloud deal with Meta Platforms.

Creative Bloq

Sora is a new kind of social media where nothing is real

OpenAI invites us to deepfake our friends.

Euronews

What to know about OpenAI’s new AI video app Sora that could rival TikTok

OpenAI announces a new AI video app that lets you drop yourself into the action.

Benzinga

Reddit Stock Is Sliding Wednesday: What's Driving The Action?

Reddit Inc (NYSE:RDDT) shares are trading lower Wednesday morning. The stock is under pressure amid social media chatter ChatGPT owner OpenAI is reportedly looking to reduce Reddit citations. Here’s what investors need to know.

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Benzinga

OpenAI Taps Samsung And SK Hynix For Massive AI Data Push, Including New Korea Data Center

Samsung Electronics (OTC:SSNLF) and SK Hynix bagged initial deals on Wednesday to supply chips and equipment for Microsoft (NASDAQ:MSFT) backed OpenAI's Stargate project, reinforcing their dominance in advanced memory chips for artificial intelligence.

Tom’s Hardware

OpenAI's Sam Altman had secret TSMC meeting over future chip supply, report claims — AI pioneer in Asia as South Korea confirms 20MW data center deal with ChatGPT maker

OpenAI CEO Sam Altman has reportedly held secretive meetings with TSMC and Foxconn in Taiwan as he looks to secure chip production for future facilities and his own internal chip design plans.

Geekflare

Samsung, SK Partner with OpenAI to Power Next-Gen AI

Samsung Electronics and SK today signed strategic agreements with OpenAI under its “Stargate” initiative. It is said to be a key step in expanding AI

PC Gamer

OpenAI's new video generation tool Sora 2 is here, but don't worry, Sam Altman says it will avoid the 'degenerate case of AI video generation that ends up with us all being sucked into an RL-optimized slop feed'

I do not need another social app, much less one that revolves around AI-generated video.

The Guardian - UK

Leading UK tech investor warns of ‘disconcerting’ signs of AI stock bubble

James Anderson voices concern over soaring valuations of artificial intelligence firms

TechRadar

eBay and OpenAI want to train small businesses in getting the most out of AI

eBay will give 10,000 UK SMBs AI training and guidance, OpenAI throws in ChatGPT Enterprise for free.

Euronews

Germany is investing billions in AI - but who is making a profit?

Hardly any other technology is currently receiving as much funding as artificial intelligence, with the federal government and companies investing heavily. However, digitalisation researcher Rehak warns that AI is not currently a profitable business model.

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