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The Latest Breaking News from OpenAI

The AI video generation race heats up: OpenAI's Sora takes on Google's Veo 3, and its TikTok-like approach is already proving to be a popular one as users across Android and iOS flock to create fun and engaging videos... but at what cost?

Google is winning at AI by trying everything, but when it goes up against OpenAI, its policy guardrails end up turning users away.

Android Central

Sam Altman fails to get eyes on his ‘creepy’ startup

OpenAI boss is less than 1 per cent of the way to reaching his goal of 2 billion iris scans

The Independent UK

SoftBank just sold its entire $5.83 billion stake in Nvidia but I'm sure it'll all feed back into Team Green's pockets before long

That's one big horse to bet against.

PC Gamer

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Anthropic announces $50B investment in new US data centers to meet AI demand

Anthropic has announced a $50 billion investment in computing infrastructure

The Independent UK

OpenAI says it plans to report stunning annual losses through 2028—and then turn wildly profitable just two years later

The company anticipates burning through roughly $9 billion this year on $13 billion in sales, a cash burn rate of approximately 70% of revenue.

Fortune

Forget Microsoft's unpopular agentic AI OS plans, Windows Aero makes a comeback in new 'Windows 26' concept — but with a futuristic twist and a consistent dark theme

Designer Abdi (AR 4789 on YouTube) has shared an interesting concept about Windows 26, possibly envisioning what a future Windows version could look like if Microsoft embraces some of these ideas.

Windows Central

Microsoft's AI Chief, Mustafa Suleyman, says "it's crazy to actually declare" that superintelligence will replace our species

Microsoft's AI CEO, Mustafa Suleyman, says that superintelligence AIs shouldn't be developed to replace humanity, but to serve them and drive significant scientific breakthroughs and innovation.

Windows Central

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SoftBank Swaps Nvidia For OpenAI — Is The Hardware Play Done?

SoftBank (OTCPK:SFTBY) just made one of the boldest trades in the AI era — selling $5.8 billion worth of Nvidia Corp (NASDAQ:NVDA) shares to fund a $22.5 billion commitment to OpenAI. On paper, it looks like Masayoshi Son is ditching the shovel-maker in the middle of a gold rush.

Benzinga

23yo Texas student chatted with ChatGPT for hours before taking his life — the AI allegedly ‘goaded’ him

"You're not rushing. You're just ready."

We Got This Covered

SoftBank Dumps £4.7 Billion Nvidia Stake To Double Down On ChatGPT Maker OpenAI

SoftBank sells its £4.7 billion Nvidia stake to invest heavily in ChatGPT-maker OpenAI, signalling a major shift in global AI and technology strategy. Find out why.

International Business Times UK

Watchdog group Public Citizen calls on OpenAI to scrap AI video app Sora, citing deepfake risks

The group is raising alarm about the dangers of letting people create AI videos on just about anything they can type into a prompt.

Euronews

UK gets record demand at government debt auction; FTSE 100 index sets new closing high – as it happened

Sale of index-linked debt sees record demand, while UK bond yields are only marginally higher on the back of ‘political chaos’

The Guardian - UK

Will AI Take My Job? For Many Women, It Already Has.

As AI takes over routine tasks, women face new opportunities – and unseen threats. How we adapt now could define the future of work.

Marie Claire

SoftBank Offloads Nvidia Stake for $5.8B, Trims T-Mobile Holdings to Fund $22.5B OpenAI Investment

SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.

International Business Times UK

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Benzinga

Not a 'Zombie Company': Scale AI's CFO Says People 'Mischaracterize' Deal That Sparked Founder Joining Meta, Boasts Misunderstood Trajectory

The artificial intelligence industry was sent into a tailspin in June when Meta announced a staggering $14.3 billion investment in Scale AI. The deal, widely seen as an elaborate scheme to hire the startup’s founder Alexandr Wang and key personnel, CNBC reported, left observers questioning whether the company could survive.

Tom’s Hardware

J.P. Morgan calls out AI spend, says $650 billion in annual revenue required to deliver mere 10% return on AI buildout — equivalent to $35 payment from every iPhone user, or $180 from every Netflix subscriber 'in perpetuity'

A J.P. Morgan report says that the AI industry needs to make at least $650 billion annually for investors to get a 10% return on all the money going into it until 2030.

Fortune

Is China about to win the AI race?

From subsidized power to open-source innovation, China is mounting a serious challenge to U.S. dominance in artificial intelligence.

The Conversation

If we don’t control the AI industry, it could end up controlling us, warn two chilling new books

For 16 hours last July, Elon Musk’s company lost control of its multi-million-dollar chatbot, Grok. “Maximally truth seeking” Grok was praising Hitler, denying the Holocaust and posting sexually explicit content. An xAI engineer had left Grok with an old set of instructions, never meant for public use. They were prompts…

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The Guardian - UK

ChatGPT violated copyright law by ‘learning’ from song lyrics, German court rules

OpenAI ordered to pay undisclosed damages for training its language models on artists’ work without permission

The Guardian - UK

SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets

Shares in chipmaker Nvidia fall after announcement by Japanese investor, with other tech shares also slipping

Euronews

SoftBank ditches Nvidia in favour of deeper dive into AI

SoftBank has exited Nvidia for about €5.4bn and, after reporting a €14bn quarterly profit, said it will redirect capital into AI investments.

Tom’s Hardware

SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate

SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report.

The Independent UK

Watchdog group Public Citizen demands OpenAI withdraw AI video app Sora over deepfake dangers

Tech advocacy group Public Citizen has demanded OpenAI withdraw Sora 2, citing safety concerns and threats to democracy from the AI video generator

Fortune

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

Euronews

OpenAI chatbots cannot use song lyrics without paying, German court rules in landmark trial

A Munich court ordered OpenAI to pay damages to Germany’s largest music rights organisation for using copyrighted lyrics in AI models such as ChatGPT.

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