The Latest Breaking News from OpenAI

Cerebras Stock Plunges on Earnings. Even an OpenAI Deal Can’t Calm the Margin Panic.

A $20 billion OpenAI deal should have sent investors into celebration mode. Instead, Wall Street fixated on shrinking margins.

Barchart · Jun 24

'We hope to sign the agreement soon': White House calls on Meta to submit AI models for review, citing abilities and vulnerabilities evaluation

OpenAI, Google and others all submit their latest models for White House review – Meta urged to do the same.

TechRadar · Jun 24

Getty Stock Nearly Doubled on an OpenAI Deal. Analysts Think It Can Gain Another 228% from Here.

Getty Images stock took off after the company struck a multi-year deal with OpenAI to bring its licensed images into ChatGPT, and analysts believe the rally may still have legs.

Barchart · Jun 24

Why Google Lost $270 Billion in Just One Day

How does one of the world's most powerful companies lose nearly $270 billion in market value in a single day even when its business is growing? That's the question investors around the world were asking after Alphabet, Google's parent company, suffered one of its biggest stock market drops in years.…

MyLifeXP · Jun 24

AI Memory Startup Engram Raises $98 Million As It Seeks To Slash Token Costs

AI memory startup Engram has raised $98 million from a powerhouse group of investors as it seeks to reduce the cost of tokens.

International Business Times · Jun 23

As top talent leaves Google DeepMind, some question if the lab can remain at the forefront of AI development

With Google's AI models losing leaderboard places and its pace of model releases lagging, some are questioning if the internet giant can stay at AI's cutting edge.

Fortune · Jun 23

Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbook

Silicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million in Indian fintech startup Cred and bringing its founder, Kunal Shah, into WhatsApp's C-suite. Shah, a non-engineer with deep consumer insights, is tasked with boosting WhatsApp's payments and commerce,…

The Economic Times · Jun 23

Coinbase Is Offering Pre-IPO Perpetual Futures on OpenAI and Anthropic. That’s Better News for COIN Stock Than It Is for You.

The gap between digital assets and traditional public company stocks has been narrowing, and recently, that trend has been accelerating. On Monday, Coinbase (COIN) officially launched pre-IPO perpetual futures contracts tied to artificial intelligence heavyweights OpenAI and Anthropic, following its earlier rollout of a similar vehicle for the recently public…

Barchart · Jun 23

Richard Osman says ‘billionaires with thin skin’ control culture as Amazon axes AI founder film

Amazon scrapped its forthcoming film about Open AI co-founder starring Andrew Garfield last week

The Independent UK · Jun 23

Mark Cuban Says OpenAI Is ‘Sh*tting Away’ Its Money on AI Infrastructure: Says ‘They’ll Never Get’ a Return on Their Trillion-Dollar Spending Spree

Mark Cuban believes AI is real, powerful, and already changing business. But he is far less convinced that the companies spending hundreds of billions to build foundational models will ever get the returns they expect.

Barchart · Jun 23