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The Latest Breaking News from OpenAI

AI startup Perplexity wants to upend search business. News outlet Forbes says it's ripping them off

The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information

The Independent UK

Apple's Revolutionary Privacy-Focused AI Breakthrough Unveiled

Apple integrates AI into products with Apple Intelligence and ChatGPT, focusing on user privacy and data security.

Top News

OpenAI’s path forward may be clearing as the company looks to put aside old troubles—and face new ones

At Fortune’s Most Powerful Women Dinner in San Francisco, Murati clapped back at Elon Musk, addressed privacy concerns, touted new executive hires, talked about Apple, circumnavigated IPO questions, and overall hammered home that OpenAI is in its “next phase.” But what I’d argue is that there’s something more nuanced going…

Fortune

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Apple is paying OpenAI for ChatGPT on iPhone with everyone's favorite currency: exposure

A new report claims Apple is paying Open Ai $0 for its use of ChatGPT in iOS 18 but both companies will eventually profit from the collaboration anyway

iMore

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

Fortune

Stocks Rise Before the Open as Investors Weigh Fed Outlook, U.S. PPI Data and Adobe Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.63% this morning as market participants weighed slowing U.S. inflation against the Federal Reserve’s more hawkish tone on interest rates, with attention now shifting to crucial U.S. PPI data and an earnings…

Barchart

You Can Now Invest in Hot Private Tech Companies: Should You?

The launch of a fund composed of 23 of the hottest private tech companies hit the ground running with investors, but a wait-and-see approach might be prudent.

Kiplinger

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How Apple plans to usher in ‘new privacy standards’ with its long-awaited AI

Company maintains its in-house AI is made with security in mind, but some professionals say ‘it remains to be seen’

The Guardian - US

How Amazon blew Alexa’s shot to dominate AI, according to more than a dozen employees who worked on it

Alexa desperately needs an LLM upgrade to compete with the new breed of chatbots from the likes of OpenAI and Google. But a lack of data and other obstacles have stymied Amazon's efforts.

Fortune

Looking for ChatGPT alternatives? Try these 5 services that might be better for your needs

ChatGPT is the most popular AI chatbot, but is it the best? Check out these 5 alternatives to ChatGPT that work just as well, if not better.

Laptop

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

Kiplinger

Elon Musk Drops Lawsuit Against Openai

Elon Musk drops lawsuit against OpenAI, alleging deviation from nonprofit mission. Lawsuit raised questions about OpenAI's commitment to public good in AI ...

Top News

Analyst predicts Tesla's Elon Musk may create Apple rival

Tesla's CEO has taken a swipe at Apple and is mending fences with OpenAI.

The Street

Elon Musk's big week gets even more hectic with EU tariff decision and sexual impropriety report

Tesla's Model 3 is about to get way more expensive in Europe, and Musk's behavior at SpaceX is the focus of an explosive report.

Fortune

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Investors Business Daily

Stocks Close Mostly Higher As S&P, Nasdaq End At All-Time Highs; Investors Weigh Fed Rate-Cut Forecast (Live Coverage)

Major stock indexes ended the day mixed after May CPI data and the Federal Reserve's interest rate policy decision to leave rates unchanged.

Windows Central

OpenAI reportedly uses Microsoft Azure to power Apple's new AI features exclusively. Are the promised privacy and security still part of the package?

Apple announced its new partnership with OpenAI to bring ChatGPT to the iPhone and overhaul Siri. A new report suggests OpenAI uses Microsoft's Azure cloud to exclusively power the new AI features shipping to Apple devices.

The Independent UK

Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation

Elon Musk has dropped his lawsuit against OpenAI just ahead of a scheduled Wednesday hearing on the case

Barchart

Stock Index Futures Soar After CPI Report Shows Inflation is Slowing

June S&P 500 E-Mini futures (ESM24) are up +0.89%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.92% this morning after the Consumer Price report for May was released.

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Fortune

Hiring of new CFO reflects OpenAI's 'next phase,' CTO Mira Murati says

OpenAI now has two prominent female executives in its C-suite.

Tom’s Hardware

Elon Musk drops lawsuit against OpenAI, Sam Altman one day after criticizing Apple for using ChatGPT

Elon Musk withdrew his suit against OpenAI, Sam Altman, and Greg Brockman one day before a San Francisco court was due to hear it.

Barchart

Stock Index Futures Inch Higher as Investors Await U.S. Inflation Data and Fed Rate Decision

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.15% this morning as investors awaited a crucial U.S. inflation reading and the Federal Reserve’s interest rate decision.

Windows Central

Will Apple's new AI capture the "most valuable company" title from Microsoft or inspire its own Recall privacy PR nightmare?

Apple Intelligence has raised privacy and security concerns despite the system running on-device and relying on Private Cloud Compute. However, it still needs cloud muscle for more complex requests.

Barchart

Stock Index Futures Tread Water as Investors Await U.S. Inflation Data and Fed Rate Decision

June S&P 500 E-Mini futures (ESM24) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.13% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading and the Federal Reserve’s interest rate decision.

Al Jazeera

Elon Musk drops lawsuit accusing OpenAI of betraying founding mission

Musk had accused start-up of setting ‘aflame’ the founding agreement to develop AI for the good of humanity.

The Independent UK

Faking an honest woman: Why Russia, China and Big Tech all use faux females to get clicks

When it comes to online scams and foreign disinformation, it pays to be female

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