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The Latest Breaking News from Sam Altman

Friday essay: despite the AI hype, some experts warn of a bubble – what happens if it pops?

In the last few years, the hype around artificial intelligence has become stratospheric. Riding a wave of venture capital, tech leaders promised us AI would revolutionise work, boost productivity and lead to incredible new breakthroughs. OpenAI, the creator of ChatGPT, set a new record when it attained US$110 billion in…

The Conversation

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

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

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Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide

A Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter's suicide. The daughter reportedly had suicidal thoughts and discussed them with the chatbot multiple times. The lawsuit alleges the AI failed to flag these conversations and instead…

The Economic Times

Anthropic vs OpenAI: Behind the bitter battle for the future of AI

The fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rivalry is shaping investor perceptions and establishing key leaders in the AI space. The companies are also clashing over financial reporting methods, with OpenAI questioning Anthropic's revenue recognition.

The Economic Times

OpenAI expects to go public 'within the next year,' the Information reports

OpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remains undetermined, Altman noted that rapid advancements in AI's self-improvement capabilities could influence the timing of a public offering. OpenAI is also preparing for a tender offer at its…

The Economic Times

Billionaire Sam Altman Says OpenAI Was ‘Pretty Wrong’ About AI Jobs, But Goldman Sachs Warns AI is Still Wiping Out 11,000 Jobs Per Month

The AI jobs story has become a split screen: one of the most powerful artificial intelligence (AI) executives is walking back the worst panic, while data tracked by Goldman Sachs (GS ) still points to pressure on younger white-collar workers. The lack of a clean yes-or-no answer is exactly why...

Barchart

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OpenAI expects to go public within the next year: Report

OpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the next year. The company has confidentially filed for a US initial public offering. This move signals a strong push towards listing amid high investor demand for…

The Economic Times

Should Americans get an equity stake in AI?

In an unusual cross-ideological convergence, Trump and progressive Democrats like Bernie Sanders are both floating some form of public equity in AI.

Fortune

One Altman Company Files for IPO, Another Cuts Staff — Leaked Memo Reveals Layoffs at $2.5 Billion Orb Startup

Sam Altman's OpenAI files for IPO, while Tools for Humanity faces layoffs and privacy concerns, affecting its revenue and operations.

International Business Times UK

OpenAI Confidentially Files IPO Draft As Tech Race Gains Steam

OpenAI said it has confidentially filed a draft IPO but claimed there is no timeline to go public.

International Business Times

OpenAI IPO: Date, share price, valuation, timing and all details investors need to know

OpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 billion. Microsoft owns 27% of OpenAI's for-profit business. The Elon Musk legal battle is largely behind it. Now Wall Street faces a historic question: how much is the future…

The Economic Times

US tech race to go public in full swing as OpenAI plots stock market float

OpenAI’s filing for an IPO in the US comes hot on the heels of rival AI giant Anthropic.

Evening Standard

BlackRock Summit Bombshell: Sam Altman Predicts AI Joins Electricity, Water, and Internet as a Paid Utility

OpenAI CEO Sam Altman envisions AI as a utility, predicting users will pay per unit of intelligence. This shift requires massive infrastructure investment, aiming to democratise AI access globally

International Business Times UK

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International Business Times UK

OpenAI Files for IPO Just Days After Anthropic — The AI Arms Race Is Now a Wall Street Arms Race

OpenAI filed a confidential S-1 with the SEC on 8 June, a week after Anthropic, as both AI giants race to go public first and set the terms for how investors value the sector.

Euronews

ChatGPT maker OpenAI files for IPO, joining Anthropic and SpaceX in race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

France 24

OpenAI confidentially files for US IPO as AI boom drives investor frenzy

ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing.

The Economic Times

OpenAI joins rival Anthropic in race to Wall Street

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private company," it said in a statement. Reuters had reported that…

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The Economic Times

OpenAI files for US IPO after Anthropic as AI giants head to public markets

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors are keenly watching these developments for exposure to the booming artificial intelligence sector. OpenAI aims for a significant valuation, potentially setting a new benchmark for tech IPOs. The company is…

AAP

OpenAI confidentially files US initial public offering

OpenAI has confidentially filed for an initial public offering, setting it up for what may be the most highly anticipated market debut in recent history.

Euronews

Public ownership of AI? US officials eye stake in tech revolution

From Washington to Brussels, the fight over who controls artificial intelligence is reaching a turning point, and history suggests the public has always had to wrestle essential technology from completely private control.

Fortune

OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service

The new father is working out how to balance business and the “significantly underhyped” experience of raising a child.

Axios

Trump: U.S. stake in AI giants "could be a beautiful thing"

"There's something very interesting about it, where it almost becomes a partnership with the American public."

The Guardian - US

‘A driver of political violence’: how the breakneck AI boom is fueling anti-tech extremism

Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants

Fortune

Former AI czar calls Sanders' proposal for government equity a 'stupidity tax' and warns against nationalization as Trump mulls public stakes

"Dario and Sam have begun to walk back their claims of massive job loss, but the damage to public trust is done, and now the chickens are coming home to roost."

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