ChatGPT owner OpenAI projects $1 billion in revenue by 2024
2 years ago

ChatGPT owner OpenAI projects $1 billion in revenue by 2024

The Hindu  

ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, crack jokes in Italian and may soon be the scourge of teachers everywhere facing fake essays generated by the AI-powered technology. Three sources briefed on OpenAI's recent pitch to investors said the organisation expects $200 million in revenue next year and $1 billion by 2024. OpenAI has also attracted attention as an AI provider and potential Google search competitor, with ChatGPT answering queries for more than one million users so far. His London-based company has more than 20,000 customers including Amazon.com Inc. using its software, which can generate corporate training and product marketing videos, though longer term the goal is AI producing Hollywood-quality content, he said. At the same time, application developers could win out financially if technology like OpenAI's becomes a commodity, said Alan Cowen, chief executive at research startup Hume AI and a former Google researcher.

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History of this topic

Italy fines OpenAI for ChatGPT's violations in collecting users' personal data
4 days, 13 hours ago

Italy fines OpenAI for ChatGPT's violations in collecting users' personal data

Hindustan Times  

Italy’s data protection watchdog said Friday it has fined OpenAI 15 million euros after wrapping up a probe into the collection of personal data by the U.S. artificial intelligence company's popular chatbot ChatGPT. The country’s privacy watchdog, known as Garante, said its investigation showed that OpenAI processed users’ personal data to train ChatGPT “without having an adequate legal basis and …

Italy’s privacy watchdog fines OpenAI for ChatGPT’s violations in collecting users personal data
4 days, 17 hours ago

Italy’s privacy watchdog fines OpenAI for ChatGPT’s violations in collecting users personal data

Associated Press  

ROME — Italy’s data protection watchdog said Friday it has fined OpenAI 15 million euros after wrapping up a probe into the collection of personal data by the U.S. artificial intelligence company’s popular chatbot ChatGPT. The country’s privacy watchdog, known as Garante, said its investigation showed that OpenAI processed users’ personal data to train ChatGPT “without having an adequate legal …

Decoding Whisk gen AI tool from Google, Instagram DM scheduling and HDMI 2.2
6 days, 7 hours ago

Decoding Whisk gen AI tool from Google, Instagram DM scheduling and HDMI 2.2

Hindustan Times  

Another week, another AI tool. Not just another image generator, but this one can create based on other images you may share as prompts; it doesn’t need elaborate, descriptive text prompts instead. A new Apple iPhone 15 Plus with 256GB storage is priced at ₹89,900; whereas a properly refurbished one could cost around ₹56,000 onwards—that’s the money you’d be paying …

OpenAI challenges Google: ChatGPT Search now free for all users
1 week ago

OpenAI challenges Google: ChatGPT Search now free for all users

India TV News  

OpenAI, one of the most popular chatbot's founding companies has intensified competition with Google by making its ChatGPT Search feature free. ChatGPT Search goes Free Launched in November 2024, ChatGPT Search was initially available for paid users only. A new search experience on ChatGPT One of the standout features of ChatGPT Search is its user-friendly interface, which will look similar …

ChatGPT Search now open to all users as OpenAI plans to take on Google
1 week ago

ChatGPT Search now open to all users as OpenAI plans to take on Google

Firstpost  

Kevin Weil, OpenAI’s Chief Product Officer, revealed the news in a video, stating that search will now be globally accessible on all platforms where ChatGPT is used. OpenAI is positioning this as a cleaner, ad-free alternative to traditional search engines By blending its natural language AI capabilities with real-time web search, OpenAI is offering an alternative that not only generates …

OpenAI introduces ChatGPT Search to all free users; how is it different from Google Search
Top News
1 week, 1 day ago

OpenAI introduces ChatGPT Search to all free users; how is it different from Google Search

Live Mint  

OpenAI has announced the expansion of its ChatGPT-powered internet search to all users, a move that intensifies competition with Google's long-standing dominance in the search engine market. Kevin Weil, OpenAI’s chief product officer, said in a video statement posted on YouTube,“We’re bringing search to all logged-in free users of ChatGPT. Answers feature cited web sources, a presentation reminiscent of Perplexity, …

OpenAI makes AI search engine available for all
1 week, 1 day ago

OpenAI makes AI search engine available for all

The Hindu  

OpenAI has started rolling out ChatGPT’s AI search engine to all users from Tuesday. In its latest announcement from the ‘12 days of Shipmas’ series, the AI startup has also upgraded the built-in search engine with new features. If people are searching for upcoming events around them, the search engine will replace the standard text snippet it normally gives, with …

OpenAI launches ChatGPT Search for all users for free, continuing rivalry with Google
Trending News
1 week, 1 day ago

OpenAI launches ChatGPT Search for all users for free, continuing rivalry with Google

India Today  

ChatGPT Search will now be accessible to all users with an account on OpenAI's mobile apps and website, the AI company announced at an event on Monday. ChatGPT Search: New features Alongside the launch, OpenAI has unveiled an optimised version of ChatGPT Search for mobile devices, designed to provide a smooth and efficient search experience on smartphones and tablets. Additionally, …

OpenAI announces ChatGPT Projects to organise group tasks
1 week, 2 days ago

OpenAI announces ChatGPT Projects to organise group tasks

The Hindu  

OpenAI has announced ‘Projects’ for ChatGPT as a part of its slew of releases in ‘12 Days of Shipmas’ celebrations. Users will be able to organise group projects on ChatGPT by customising how the AI chatbot responds to requests around it. People can open ChatGPT and click on the + button to create a new project that appears next to …

OpenAI unveils Video Interaction features for ChatGPT users
1 week, 3 days ago

OpenAI unveils Video Interaction features for ChatGPT users

India TV News  

OpenAI continues to elevate ChatGPT’s capabilities, by introducing several new features which would redefine how users could interact with the artificial intelligence. The ChatGPT’s video processing capabilities feature will start rolling out in December itself and those who have access to ChatGPT Plus and Pro subscribers can use it- providing early access to premium users. Sora Turbo: AI Video Creation …

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure
1 week, 4 days ago

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure

New Indian Express  

Sam Altman-led artificial intelligence research startup and ChatGPT maker OpenAI on Friday responded to Elon Musk's legal action against it, accusing him of trying to create a for-profit version of the company in 2017. A Friday blog post by OpenAI countered Musk's argument revealing that the he had proposed a for-profit structure for the startup but walked away when he …

ChatGPT Canvas Released: OpenAI's Tool For Collaborative Writing & Coding, Here's What We Know
2 weeks ago

ChatGPT Canvas Released: OpenAI's Tool For Collaborative Writing & Coding, Here's What We Know

ABP News  

OpenAI has added a new feature to ChatGPT called Canvas as part of '12 days of OpenAI'. OpenAI's chief product officer, Kevin Weil, while describing this in a YouTube video said, “It’s a game-changer for how people interact with AI, enabling deeper collaboration and unlocking new levels of creativity.” ChatGPT Canvas: What We Know ChatGPT Canvas is now accessible to …

OpenAI’s ChatGPT Canvas: What is real-time side-by-side editing, code review? All you need to know
2 weeks ago

OpenAI’s ChatGPT Canvas: What is real-time side-by-side editing, code review? All you need to know

Live Mint  

OpenAI's ChatGPT has already transformed how AI is used in our daily lives. On Tuesday, the company announced a new feature called Canvas as part of its ‘12 days of OpenAI’ series, which the company says will be “a game-changer for how people interact with AI.” Canvas is a side-by-side interface that enables real-time collaboration with ChatGPT, allowing users to …

OpenAI releases AI video generator Sora but limits how it depicts people
2 weeks ago

OpenAI releases AI video generator Sora but limits how it depicts people

Associated Press  

SAN FRANCISCO — OpenAI has publicly released its new artificial intelligence video generator Sora but the company won’t let most users depict people as it monitors for patterns of misuse. Users of a premium version of OpenAI’s flagship product ChatGPT can now use Sora to instantly create AI-generated videos based on written commands. But only a small set of invited …

OpenAI publically launches Sora its text-to-video AI generator for ChatGPT Plus and Pro users
2 weeks ago

OpenAI publically launches Sora its text-to-video AI generator for ChatGPT Plus and Pro users

Firstpost  

Initially introduced in February as a limited research preview, Sora Turbo is now being rolled out to regions where ChatGPT is active, excluding the EU, UK, and Switzerland for the time being. The service is included in existing subscription plans at no extra cost Now available to ChatGPT Plus and Pro subscribers, Sora allows users to transform text prompts into …

OpenAI launches ChatGPT Pro with o1 pro mode for $200 per month
2 weeks, 4 days ago

OpenAI launches ChatGPT Pro with o1 pro mode for $200 per month

Deccan Chronicle  

OpenAI has launched a powerful version of chatbot called the ChatGPT Pro and it is priced at $200 per month. “ChatGPT Pro provides a way for researchers, engineers, and other individuals who use research-grade intelligence daily to accelerate their productivity and be at the cutting edge of advancements in AI,” said OpenAI. The plan also includes access to o1 pro …

OpenAI starts charging $200 per month for ChatGPT ‘Pro’
2 weeks, 4 days ago

OpenAI starts charging $200 per month for ChatGPT ‘Pro’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The “Pro” subscription tier costs $200 per month, or the same in pounds, and is aimed specifically …

OpenAI unveils ChatGPT Pro with advanced features and exclusive AI tools: Check subscription price and what it offers
2 weeks, 5 days ago

OpenAI unveils ChatGPT Pro with advanced features and exclusive AI tools: Check subscription price and what it offers

Live Mint  

OpenAI has announced the launch of a new subscription tier, ChatGPT Pro, offering exclusive access to advanced features, including the latest AI model, OpenAI o1. Priced at $200 per month, ChatGPT Pro provides users with unlimited access to GPT-4o, advanced voice mode, and an enhanced version of o1, known as o1 Pro Mode. This upgraded mode utilises additional computing resources …

OpenAI unveils ChatGPT Pro with unlimited access to its reasoning model, voice mode and more, but at a price
2 weeks, 5 days ago

OpenAI unveils ChatGPT Pro with unlimited access to its reasoning model, voice mode and more, but at a price

India Today  

OpenAI is launching a new subscription-based exclusive model, ChatGPT Pro, that will include unlimited access to OpenAI o1, GPT 4o and Advanced voice mode. It also offers a Pro-exclusive version of o1, known as o1 pro mode, which utilises additional computing power and reasoning to deliver the best solutions for complex problems. OpenAI o1 model is out of preview The …

Here's What OpenAI's $200 Monthly ChatGPT Pro Subscription Includes
54 years, 11 months ago

Here's What OpenAI's $200 Monthly ChatGPT Pro Subscription Includes

Wired  

Earlier today, OpenAI launched ChatGPT Pro, a $200 monthly subscription for its flagship chatbot. With a ChatGPT Pro subscription—which will cost $2,400 for a full year—users can also use an exclusive model from OpenAI called o1 pro mode that wields more computing power to process answers. WIRED has not yet tried a ChatGPT Pro subscription out firsthand to see how …

OpenAI enters Silicon Valley’s hot new business: War
2 weeks, 6 days ago

OpenAI enters Silicon Valley’s hot new business: War

Live Mint  

OpenAI, the artificial intelligence company behind ChatGPT, is getting into the business of war. The world’s most valuable AI company has agreed to work with Anduril Industries, a leading defense-tech startup, to add its technology to systems the U.S. military uses to counter drone attacks. The alliance between Anduril and OpenAI might also help buffer the AI company’s CEO, Sam …

OpenAI Poaches 3 Top Engineers From DeepMind
54 years, 11 months ago

OpenAI Poaches 3 Top Engineers From DeepMind

Wired  

OpenAI announced today it has hired three senior computer vision and machine learning engineers from rival Google DeepMind, all of whom will work in a newly opened OpenAI office in Zurich, Switzerland. OpenAI executives told staff in an internal memo on Tuesday that Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai will be joining the company to work on multimodal AI, …

OpenAI likely to consider pushing ads on ChatGPT as it seeks to expand revenue base
3 weeks, 1 day ago

OpenAI likely to consider pushing ads on ChatGPT as it seeks to expand revenue base

Firstpost  

Sarah Friar, OpenAI’s chief financial officer has hinted that the organisation may be lookin for ways to integrate ads with ChatGPT and other OpenAI services, during a recent interview. OpenAI has also been on a hiring spree, onboarding several notable names from ad-tech businesses The bulk of OpenAI’s $4 billion annual income comes from licensing its API and subscriptions to …

Will ChatGPT have ads soon? OpenAI CFO says they are thinking about it
3 weeks, 1 day ago

Will ChatGPT have ads soon? OpenAI CFO says they are thinking about it

India Today  

As the ChatGPT-maker, OpenAI, is restructuring itself to a for-profit model from its existing non-profit structure –– which has also been the bone of contention for Elon Musk –– the company is naturally looking for ways to up its revenues. Interestingly, soon after the said interview with the FT, Friar –– probably fearing backlash –– released a statement saying, “while …

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership
3 weeks, 3 days ago

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership

Firstpost  

“If you get to that threshold, you’re competing with Google and Facebook,” a venture capital investor said OpenAI is aiming to reach 1 billion users by 2025 as it rolls out new artificial intelligence products, builds its own data centres, and strengthens its partnership with Apple. The San Francisco-based company, known for its ChatGPT chatbot with 250 million weekly active …

Canadian news media companies sue ChatGPT owner OpenAI over copyright breaches: 'It's illegal'
Trending News
3 weeks, 4 days ago

Canadian news media companies sue ChatGPT owner OpenAI over copyright breaches: 'It's illegal'

Hindustan Times  

Five Canadian news media companies filed a lawsuit against ChatGPT owner OpenAI on Friday, accusing the artificial intelligence company of repeatedly violating copyright and online terms of use, news agency Reuters reported. "Instead of obtaining the information legally, OpenAI has chosen to blatantly misappropriate the News Media Companies’ valuable intellectual property and use it for its own, including commercial, purposes, …

Elon Musk plans to launch a new chatbot to take on OpenAI: Report
3 weeks, 5 days ago

Elon Musk plans to launch a new chatbot to take on OpenAI: Report

Hindustan Times  

Elon Musk is planning to launch a new chatbot to further scale his artificial intelligence startup xAI and take on OpenAI which he also had co-founded, but left in 2018 due to a power struggle. This comes as a by-product of Musk pushing contractors to build Colossus, a massive new data centre in Memphis, Tennessee, in just 122 days with …

Amazon develops video AI model: Report
3 weeks, 6 days ago

Amazon develops video AI model: Report

The Hindu  

E-commerce giant Amazon has developed new generative artificial intelligence that can process images and videos in addition to text, making it less reliant on AI startup Anthropic, The Information reported on Wednesday. The development of the new AI model will help Amazon reduce its reliance on Anthropic's Claude chatbot, a popular offering on Amazon Web Services, the report said, citing …

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report
3 weeks, 6 days ago

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report

Live Mint  

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in the last funding round, according to CNBC, which …

OpenAI allows its employees to sell $1.5 billion stock to Masayoshi Son's SoftBank: Report
4 weeks ago

OpenAI allows its employees to sell $1.5 billion stock to Masayoshi Son's SoftBank: Report

Hindustan Times  

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. OpenAI logo is seen in this illustration taken on February 3 SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup …

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal
Trending News
1 month ago

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Live Mint  

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence startup, as major technology firms continue to vie for dominance in the generative AI sector. Under the agreement, Anthropic will designate Amazon Web Services as its principal training partner for developing its foundational AI models—highly advanced systems that power general-purpose AI applications such as …

After search engine, OpenAI plans to introduce in-house browser
1 month ago

After search engine, OpenAI plans to introduce in-house browser

India Today  

After launching its search engine earlier this month, OpenAI is eyeing to launch its in-house browser, reported the Information. The US Department of Justice has recommended significant changes to Google’s structure and operations, including the potential sale of its Chrome browser, as part of efforts to dismantle its dominance in internet search. Google controls about 90 per cent of the …

ChatGPT, Open AI's chatbot, back up after brief outage affects thousands
1 month, 2 weeks ago

ChatGPT, Open AI's chatbot, back up after brief outage affects thousands

India Today  

Microsoft-backed OpenAI's popular chatbot ChatGPT was back up after an outage affected thousands of users, the company said on Friday. Access was restored to most users by 4:34 pm PT, OpenAI said, adding that a small number of customers faced issues until 5 pm. OpenAI CEO Sam Altman posted on X that ChatGPT had been down for 30 minutes, adding …

Sam Altman’s OpenAI paid millions using cash and stock for new ChatGPT URL
1 month, 2 weeks ago

Sam Altman’s OpenAI paid millions using cash and stock for new ChatGPT URL

Firstpost  

The backstory of chat.com is intriguing. Previously owned by Dharmesh Shah, HubSpot’s co-founder and CTO, the domain came with a hefty price tag. Although Shah never intended to use chat.com for HubSpot, he did keep the door open for a potential sale It seems Sam Altman has splurged millions on a new domain, securing chat.com for OpenAI’s ChatGPT. In 2023, …

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
1 month, 2 weeks ago

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT

Hindustan Times  

OpenAI has bought the domain chat.com. The AI giant's CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X without any description or reasoning. “Well, in an 8 character tweet, Sam Altman, the CEO of OpenAI revealed that they were the buyer," he wrote. “When he does sell a domain, it's almost never …

ChatGPT's AI Search Engine: A Game Changer for Online Information
1 month, 3 weeks ago

ChatGPT's AI Search Engine: A Game Changer for Online Information

Live Mint  

OpenAI's ChatGPT integrates AI search, offering real-time access to online information with links to sources. This integration addresses copyright and plagiarism lawsuits and challenges the dominance of traditional search engines. While Google maintains a dominant 89.33% market share, ChatGPT's search feature will likely boost its adoption. However, concerns remain about biases and privacy in AI decision-making processes. Other search engines …

OpenAI finally launches ChatGPT Search – but can it take on Google?
1 month, 3 weeks ago

OpenAI finally launches ChatGPT Search – but can it take on Google?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Less than a day after launching, OpenAI boss Sam Altman is already describing it as the most …

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant
1 month, 3 weeks ago

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant

The Hindu  

Apple's iPhone sales have rebounded after a recent slump, with the company reporting a 6% increase in revenue and profit for the July-September period. The iPhone boost helped Apple deliver total quarterly revenue and profit that exceeded analyst projections, despite an one-time charge of $10.2 billion to account for a recent European Union court decision. The latest quarterly results captured …

OpenAI's ChatGPT Search Engine: A News Revolution in the Making
Trending News
1 month, 3 weeks ago

OpenAI's ChatGPT Search Engine: A News Revolution in the Making

The Hindu  

OpenAI is launching a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with Google and affect the flow of internet traffic seeking news, sports scores and other timely information. The search engine will be available to paid users of ChatGPT but will eventually expand to all ChatGPT users.

OpenAI Launches ChatGPT Search for Paid Users: A Google Competitor in the Making
Trending News
1 month, 3 weeks ago

OpenAI Launches ChatGPT Search for Paid Users: A Google Competitor in the Making

India Today  

OpenAI has launched its first Google competitor, ChatGPT search, which delivers real-time information and images from the web. ChatGPT will choose to search the web based on what you ask, or you can manually choose to search by clicking the web search icon. The search model is an optimised version of GPT-4o, further trained with innovative synthetic data generation methods. …

OpenAI is rolling out a web search feature for ChatGPT
1 month, 3 weeks ago

OpenAI is rolling out a web search feature for ChatGPT

NPR  

OpenAI is rolling out a web search feature for ChatGPT toggle caption Marco Bertorello/AFP via Getty Images ChapGPT now has a search engine function. Users will be able to type something into the text box, and click a little blue search button below it, or the artificial intelligence will automatically search the web if your question calls for it. “By …

OpenAI and The Associated Press Launch ChatGPT-Powered Search Engine
Trending News
1 month, 3 weeks ago

OpenAI and The Associated Press Launch ChatGPT-Powered Search Engine

Associated Press  

OpenAI is launching a ChatGPT-powered search engine that will compete with Google and affect the flow of internet traffic seeking news, sports scores and other timely information. The search engine will be available to paid users of ChatGPT but will eventually expand to all ChatGPT users. The company has partnered with several news organizations, including The Associated Press and News …

ChatGPT’s AI Search Tool Is Now Available
54 years, 11 months ago

ChatGPT’s AI Search Tool Is Now Available

Wired  

OpenAI just launched its AI search update for ChatGPT. Referred to by Fry as “ChatGPT search” rather than “SearchGPT,” the feature enters an increasingly crowded and contentious field of AI search options for users—with competition from smaller startups, like Perplexity, as well as tech giants, like Google with its AI Overview search results. In the lead-up ChatGPT’s search upgrade, OpenAI …

OpenAI Brings Search Features to ChatGPT in Challenge to Google
1 month, 3 weeks ago

OpenAI Brings Search Features to ChatGPT in Challenge to Google

Bloomberg  

OpenAI is adding a new set of search features to its flagship product ChatGPT, escalating the artificial intelligence startup’s challenge to Alphabet Inc.’s Google. The option, called ChatGPT Search, will let the chatbot’s users search for timely information much as they would on the web and get responses with in-line attribution to news publishers and other data sources, OpenAI said …

The world is not ready for the next huge development in AI, says departing OpenAI researcher
1 month, 4 weeks ago

The world is not ready for the next huge development in AI, says departing OpenAI researcher

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world is not ready for AGI, or the point at which artificial …

OpenAI’s GPT Store Has Left Some Developers in the Lurch
2 months, 1 week ago

OpenAI’s GPT Store Has Left Some Developers in the Lurch

Wired  

When OpenAI launched its platform for custom GPTs, Josh Brent Villocido was stoked to learn that one of his creations would be featured. The ascendant AI company announced at its November 2023 developer day that it would launch a store that would host GPTs, custom skins that run on top of its proprietary ChatGPT technology. “Revenue sharing is important to …

OpenAI just secured a ton of new cash. Now it needs to wow us
2 months, 3 weeks ago

OpenAI just secured a ton of new cash. Now it needs to wow us

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Here’s the deal: OpenAI, the company behind ChatGPT, just announced a $6.6 billion private funding round — the biggest in Silicon Valley history — that gives the young company a valuation of $157 billion, despite a decidedly unclear path to profitability. The list of OpenAI’s latest investors reportedly includes …

OpenAI raises $6.6 billion in funds at $157-billion valuation
2 months, 3 weeks ago

OpenAI raises $6.6 billion in funds at $157-billion valuation

LA Times  

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar …

OpenAI Rolls Out New Voice Assistant to All Paid ChatGPT Users
3 months ago

OpenAI Rolls Out New Voice Assistant to All Paid ChatGPT Users

Bloomberg  

OpenAI is releasing a much-anticipated new voice assistant to all paid users of its chatbot ChatGPT, four months after the artificial intelligence company first unveiled the feature at a product launch event. The San Francisco-based startup said Tuesday it has started rolling out the option, known as advanced voice mode, to ChatGPT Plus subscribers and users of its ChatGPT Team …

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation
3 months, 1 week ago

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation

Firstpost  

OpenAI’s journey began in 2015 as a non-profit organisation, funded by donations that totalled around $130.5 million. OpenAI is expected to raise a new round of financing through convertible notes, with its valuation potentially reaching $150 billion In recent years, OpenAI’s revenue has experienced strong growth, with reports suggesting that it doubled its annualised revenue in the first half of …

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