The Latest Breaking News from OpenAI

Indian startups must avoid ‘recency bias’ while building for an AI-first world: OpenAI’s Pragya Misra

Indian startups must look beyond immediate needs and build for future AI challenges. OpenAI's Pragya Misra urges founders to address problems emerging in the coming months and year. Businesses offering simple customer service may face disruption. Technical depth remains crucial. India's ability to create products for diverse users offers a…

The Economic Times · May 15

Anthropic has agreed terms for $30 billion funding deal at $900 billion valuation: FT

AI firm Anthropic is reportedly nearing a $30 billion fundraising round, valuing the company at $900 billion. This significant valuation surge, driven by rapid revenue growth and strong investor interest, positions Anthropic to potentially surpass rival OpenAI. The company is also expanding infrastructure partnerships and seeing increased customer adoption.

The Economic Times · May 15

Cerebras shares skyrocket in debut as AI mania grips markets

Cerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scale engine, designed for AI processing, attracted significant investor interest, with major clients like Amazon and OpenAI. This IPO highlights the booming market for AI-focused technology.

The Economic Times · May 15

Musk lawyers accuse OpenAI of deception in close of mega-trial

The OpenAI megatrial is wrapping up.

Axios · May 14

Microsoft made $30 billion from OpenAI in 2 years — but somehow burned through $100 billion in costs to get there

Microsoft has reportedly spent more than $100 billion on its partnership with OpenAI, largely on infrastructure and hosting costs.

Windows Central · May 14

High-stakes courtroom drama of Musk v OpenAI hears closing arguments

Nine-person jury to consider whether AI firm bilked world’s richest person and unjustly enriched themselves

The Guardian - US · May 14

Musk, OpenAI lawyers begin closing arguments in landmark trial that could shape AI's future

Lawyers for Elon Musk and OpenAI began closing arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence

The Independent UK · May 14

Microsoft Stock Is a Buy as Its AI Business’ Annual Revenue Run Rate Swells

Wedbush says a silver lining of the new Microsoft-OpenAI deal terms is that Microsoft will get paid sooner.

Barchart · May 14

Cerebras’ blockbuster debut shows the AI infrastructure boom is far from over

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Fortune · May 14

OpenAI Hit With Class Action Lawsuit Over Claims ChatGPT Secretly Shares Sensitive User IDs And Data With Meta and Google

OpenAI faces another California lawsuit alleging ChatGPT user data was shared with Meta and Google, days after a separate suit linked ChatGPT to the FSU shooter.

International Business Times UK · May 14