The Latest Breaking News from OpenAI

Ever wonder why ChatGPT is free? The answer is far more calculated than you might think

If AI costs billions to build, why are tools like ChatGPT, Claude and Gemini still free? Here's how the business model really works.

Tom’s Guide · Jun 12

OpenAI opens Madrid office as it deepens ties with Spanish companies

The company behind ChatGPT will open an office in Madrid to strengthen its European presence and work more closely with Spanish firms, developers, research centres and institutions.

Euronews · Jun 12

Musk's SpaceX set to make biggest-ever initial public offering on Wall Street

Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk…

France 24 · Jun 12

OpenAI bans China-linked ChatGPT accounts that amplified US data center electricity price backlash — used AI-generated cartoons to stoke fears over U.S. data center energy costs

OpenAI says it has banned two clusters of ChatGPT accounts it believes are operating from China, and that used its models for covert influence campaigns targeting U.S. tech and policy debates.

Tom’s Hardware · Jun 11

As SpaceX goes public, a $100 billion shadow market faces a reckoning

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

Fortune · Jun 11

Canadian mother sues OpenAI, alleging ChatGPT led her daughter to kill herself

Suit filed in US alleges chatbot told Alice Carrier, 24, ‘maybe this is just the end’ as she struggled with suicidal thoughts

The Guardian - US · Jun 11

OpenAI to acquire Ona to strengthen Codex cloud capabilities

OpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long-term tasks in secure cloud environments. The acquisition aims to support growing Codex usage and help enterprises deploy AI in production. Ona's team will join OpenAI post-deal.

The Economic Times · Jun 11

Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims

Former xAI engineer Devin Kim claims he was illegally fired for trying to implement safety mechanisms for the chatbot

The Guardian - US · Jun 11

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable…

The Economic Times · Jun 11

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

International Business Times · Jun 11