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The Latest Breaking News from OpenAI

OpenAI's "collapse" fears reportedly date back to Chief Scientist Ilya Sutskever's abrupt departure — beyond recent bankruptcy reports with projections of $5 billion in losses within the next 12 months

The departure of OpenAI Chief Scientist Ilya Sutskever raised concern among top officials in the firm behind the curtains. They reportedly tried to get the Chief Scientist back on the team by extending him a new and possibly lucrative deal, but their efforts were turned down.

Windows Central

OpenAI raises $6.6 billion from Microsoft and NVIDIA, pushing its market cap to $157 billion — with "the world's dominant AI company worth trillions of dollars" and $11.6 billion in sales vision on the horizon

OpenAI has officially closed its funding round with a $157 billion market capitalization after raising $6.6 billion from many big tech corporations, including Microsoft, NVIDIA, SoftBank, and more.

Windows Central

OpenAI Secures $6.6 Billion In New Funding At $157 Billion Valuation

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft and new participants, chipmaker Nvidia and SoftBank, among others.

International Business Times

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Priceline has a new AI voice assistant thanks to OpenAI

Priceline debuts AI voice assistant using OpenAI model.

TechRadar

OpenAI raises $6.6bn in funding, is valued at $157bn

The startup behind ChatGP, which is reportedly planning to become a for-profit business, is now valued on par with Uber

The Guardian - UK

IT’S OFFICIAL: OpenAI is worth $157 billion

The AI startup is grappling with a wave of high-level exits and internal debate over its business objectives, but it has not dampened investors’ appetite.

Fortune

"Art is dead, dude. It’s over. AI won. Humans lost": A controversial artist is reportedly losing millions of dollars because the US Copyright Office refused to register his AI-generated collection — it lacks 'human authorship'

AI artist Jason M. Allen expressed his frustrations over losing millions of dollars to people who stole his AI-generated work. He is seeking the US Copyright Office to reconsider its ruling and copyright his AI-generated collection.

Windows Central

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Google is rumored to be working on a 'thinking' AI of its own to take on OpenAI o1

The o1-preview and o1-mini ChatGPT models are already live, but Google is said to be busy catching up.

TechRadar

OpenAI's "temporary prototype" search tool could be a Google killer as user experience reportedly worsens on mobile devices with "just way too many ads on the page"

Former Google Engineer Arvind Jain says Google is seemingly focused on generating profit, which has significantly impacted its search user experience with ads. New players like OpenAI's SearchGPT could leverage this avenue to give it a run for its money in search.

Windows Central

OpenAI confirms AI agents are coming next year — what it means for you

OpenAI confirms we will start to see the first true AI agent systems next year, able to act on its own to answer human queries.

Tom’s Guide

You can try ChatGPT Advanced Voice for free — but there's a catch

OpenAI will allow free users of ChatGPT to get a 'sneak peek' at Advanced Voice mode.

Tom’s Guide

Dutton is losing the debate over nuclear energy right when we need it for AI

The AI industry needs more compute, and more compute needs more energy.

Crikey

Mira Murati’s surprise exit from OpenAI caps a chaotic year of staff infighting, rushed product launches, and executive upheaval

Mira Murati’s surprise exit from OpenAI caps a chaotic year of staff infighting, rushed product launches, and executive upheaval.

Fortune

California Governor vetos AI safety bill because it "establishes a regulatory framework that could give the public a false sense of security and applies stringent standards to even the most basic functions — so long as a large system deploys it"

California Governor Gavin Newsom recently vetoed an AI safety bill (SB 1047), citing it “falls short of providing a flexible, comprehensive solution to curbing the potential catastrophic risks.”

Windows Central

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Windows Central

OpenAI's bankruptcy flames linger on as Apple wiggles out of its latest $6.5 billion funding round at the eleventh hour — leaving the mantle to Microsoft and NVIDIA

Apple reportedly won't participate in OpenAI's latest round of funding. Its decision to withdraw from discussions to participate in OpenAI's round of funding remains slim at best.

PC Gamer

Despite being one of the biggest selling points of Apple Intelligence, Apple will not be investing in OpenAI

But Nvidia might.

Fortune

Exclusive: Rogo, an AI startup focused on finance, raised its $18.5 million Series A

Rogo has raised its $18.5 million Series A in a funding round led by Khosla Ventures, Fortune can exclusively report.

Tom’s Guide

Apple reportedly exits OpenAI investment talks amid $6.5 billion funding round — what you need to know

At the 11th hour, Apple pulled out of a rare investment to support funding of OpenAI, ChatGPT's parent company.

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Fortune

Why Sam Altman owning or not owning equity in OpenAI is such a dramafest

Altman has denied rumors that he will get a 7% equity stake in the company that could be worth nearly $10 billion.

The Street

Open AI is burning cash (and losing billions!)

What's ahead for the artificial intelligence company and the AI industry.

The Independent UK

California governor vetoes bill to create first-in-nation AI safety measures

California Gov. Gavin Newsom has vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models

Fortune

California's controversial AI safety bill was just vetoed by Gov. Newsom

The bill would have set a defacto national standard for AI safety testing and launched an intense lobbying campaign by the tech industry against it.

TechRadar

Samsung drops another hint that Galaxy AI won't be free beyond 2025

In its new product information, Samsung has reiterated that fees may be attached to AI by the end of next year.

Tom’s Guide

ChatGPT Plus price could more than double within 5 years — here’s why

Investment documents outline plans for paid ChatGPT accounts to rise to $44 a month over the next five years as the company seeks to become profitable.

International Business Times

OpenAI Suffers $5 Billion Annual Loss On $3.7 Billion In Revenue: Reports

The revelation is contained in financial documents given to investors as part of a $7 billion funding push

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