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The Latest Breaking News from OpenAI

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?

Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprises. This move, alongside a similar initiative by Anthropic, threatens the traditional service integration model of Indian IT giants. The market reaction highlights concerns over AI's disruptive potential and existing…

The Economic Times

Sam Altman Says Elon Musk Left OpenAI Nonprofit "For Dead" in Explosive Trial Testimony

Sam Altman defended himself against Musk's claim that he and other OpenAI leaders betrayed the artificial intelligence company's founding purpose by shifting it from a nonprofit research lab into a commercial powerhouse.

International Business Times

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OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filing

OpenAI CEO Sam Altman's significant investments in companies doing business with his AI firm have come under scrutiny. Court documents revealed stakes worth over $2 billion. State attorneys general and Elon Musk have raised self-dealing claims. A congressional investigation is also underway. Altman has denied wrongdoing, stating he recused himself…

The Economic Times

The guy who literally wrote the textbook on AI says when it comes to the extinction scenario the human race is cooked: 'Making these systems more capable… doesn't seem like a sensible move'

"The CEO of Google DeepMind expressed very similar concerns: that they were in a race that they couldn't pull out of."

PC Gamer

‘Maybe me too’: Elon Musk accepts some of the blame for Claude learning to blackmail users from ‘evil’ online AI stories

Anthropic recently released a report saying it had solved Claude’s “agentic misalignment,” or the bot’s behaviors that deviated from humans’ best interests.

Fortune

Elon Musk's 'Hair-Raising' Conditions: Sam Altman Details Starlink CEO's 'Uncomfortable' Requests for OpenAI

Sam Altman told a California jury Elon Musk made 'hair-raising' demands to control OpenAI, including future control ideas. Musk is suing over its for-profit structure, seeking over $100B.

International Business Times UK

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Dear Future Cerebras (CBRS) Stock Fans, Mark Your Calendars for May 14

Cerebras is nearing its debut with investor appetite surging and valuation estimates suddenly wearing much bigger shoes.

Barchart

ChatGPT adds 'Trusted Contacts' for an extra layer of safety — here's how it works

ChatGPT just added a new feature that lets users add a “Trusted Contact,” who will be alerted at the first sign of self-harm detected by OpenAI’s chatbot.

Tom’s Guide

Inside why Bill Gates expected Microsoft to burn $1B on OpenAI — and how the bet paid off far beyond that

A new report by The Information revealed that Microsoft's partnership with OpenAI has generated approximately $30 billion in revenue for the former between 2023 and 2025.

Windows Central

Uber's India data centre bet; Cyber cover meets AI risk

Uber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.

The Economic Times

Why OpenAI’s IPO Plans Could Be a Massive Win for Microsoft

Microsoft’s OpenAI investment may now be worth over $228 billion after OpenAI’s restructuring and IPO plans. Here’s what it means for MSFT stock and AI growth.

MarketBeat

‘He needed to have total control over it’ — Altman testifies Musk never trusted shared leadership during OpenAI trial

Sam Altman’s testimony in the high-stakes OpenAI lawsuit paints Elon Musk as focused on personal control.

TechRadar

Beware what you tell your AI chatbot. It’s not a shrink – it’s a snitch

In a case of ‘oh dear diary’, the OpenAI president Greg Brockman is having to read extracts from his musings about Elon Musk in court. It’s a terrifying reminder that what’s divulged to AI really isn’t private, writes Arwa Mahdawi

The Guardian - UK

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Axios

Axios interview: Reimagining government + business + AI

Chris Lehane laid out OpenAI's political playbook.

The Independent UK

Cate Blanchett launches non-profit to tackle ‘unchecked’ spread of image theft by AI

Platform plans to introduce ‘human consent standard’ for people to formally declare whether AI systems are allowed to use their creative work and personal identities

Euronews

What did Sam Altman say at the Elon Musk OpenAI trial

OpenAI CEO Sam Altman testified that he felt Elon Musk "abandoned" his company and put them in "a very difficult place," as they both vied for control.

The Economic Times

Anthropic in talks to buy AI tools startup Stainless for over $300 million: The Information

AI firm Anthropic is reportedly in advanced talks to buy Stainless for over $300 million. Stainless builds software for easier AI model access. This comes as Anthropic also explores raising at least $30 billion in new funding. The company's valuation could exceed $900 billion.

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The Economic Times

SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant increase from the previous year. This marks five consecutive quarters of profit, largely driven by its substantial investment in OpenAI, whose rising valuation contributed 3.

International Business Times UK

OpenAI Faces New Lawsuit as Texas Couple Alleges ChatGPT Role in Son's Fatal Overdose

A Texas couple is suing OpenAI, claiming ChatGPT advised their son on drug mixing, leading to his fatal overdose. The lawsuit highlights growing concerns over AI's role in harmful behaviours.

International Business Times UK

ChatGPT Told a 19-Year-Old How to Mix Drugs — His Mother Found Him Dead the Next Morning

A wrongful death lawsuit alleges ChatGPT gave a 19-year-old UC Merced student lethal drug dosage advice. OpenAI launched ChatGPT Health months later for 230 million weekly users.

Axios

Sam Altman rejects Musk's "stolen charity" claims in court showdown

Altman testified in Elon Musk's case against him, OpenAI and Microsoft.

The Economic Times

90% of mature AI adopters cut BPO spends, says Z47-OpenAI report

The report, The India AI Edge: How India Uses AI, based on OpenAI’s India usage data and a survey of more than 100 CXOs, found that more than a third of mature adopters have cut outsourced work by over 25%. It also said that most additional AI spending is not…

The Independent UK

Sam Altman testifies Elon Musk wanted greater control of OpenAI in early days

As the proceedings enter their third week, observers note that neither tech titan has emerged as a particularly sympathetic figure

The Independent UK

California parents blame ChatGPT for advice that led to son’s fatal overdose, lawsuit says

The legal filing alleges that the chatbot informed Sam Nelson it was safe to combine the anti-anxiety medication Xanax with the herbal supplement kratom

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