ChatGPT users worldwide were recently caught off guard when their trusted AI companion went offline. Many took to social media to share their frustration and confusion as they dealt with the unexpected outage. OpenAI, the company behind ChatGPT, confirmed the downtime, citing slow login times and limited functionality as the main issues. Alerts about the … Read more
A new study shows OpenAI’s GPT-4 has surpassed human financial statement analysis and forecasting capabilities. These findings could potentially disrupt the financial services industry, which, along with other sectors, is rapidly embracing generative AI technologies. The University of Chicago’s Booth School of Business conducted the study revealing that the large language model (LLM) outperformed humans … Read more
There are growing concerns among some Microsoft insiders that the company’s AI strategy overly relies on its partnership with OpenAI; this has resulted in the company being nicknamed the “IT department” for OpenAI, which is reportedly gearing up to challenge Google’s search dominance by launching its search engine. Following a recent Business Insider exclusive where … Read more
Biotech startup Retro Biosciences is undertaking a one-of-a-kind experiment housed in shipping containers, funded by a $180 (£142.78) million investment by tech leader Sam Altman to increase lifespan. Altman, the 38-year-old tech heavyweight, has been a significant player in the industry. Despite his young age, Altman took the tech realm by storm with offerings like … Read more
OpenAI, in a legal filing, clarified that there was never a “founding agreement” regarding nonprofit status and keeping source code private, contrary to Elon Musk’s claims. OpenAI is sparing no effort to make money by selling its ChatGPT chatbot and other AI technology. Much to its chagrin, the Sam Altman-led AI startup is facing several … Read more
In a recent interview, OpenAI CEO Sam Altman challenged a common misconception about artificial intelligence (AI), stating that AI is not a “creature”. That’s the stuff of sci-fi movies, he added. In an interview with The Advocate, an LGBTQ+ publication, Altman discussed a common misconception about AI. He explained that the super-hyped technology is often … Read more
OpenAI is reportedly making its foray into the web search segment to challenge Google’s search dominance. While Google is reportedly gearing up for major search engine revisions this year, a new report suggests the search giant might face a formidable competitor, OpenAI. According to The Information, OpenAI is “developing a web search product” that would … Read more
Since its release in November 2022, ChatGPT has been used to perform multiple tasks such as helping students, writing cover letters, writing essays, drafting emails, job interview preparation and planning trips. However, OpenAI CEO Sam Altman believes the AI-powered chatbot is particularly useful for workers in 3 specific industries. Altman and Bill Gates discussed the … Read more
OpenAI has announced a new board of directors, which includes Microsoft executive Dee Templeton. A person familiar with the matter told Bloomberg News that Templeton has already begun attending board meetings after assuming a nonvoting observer position on the OpenAI board. This decision is reportedly part of a broader boardroom revamp. OpenAI, the company behind … Read more
Renowned British-American designer Jony Ive and OpenAI’s CEO Sam Altman are set to recruit departing Apple iPhone design head Tang Tan, who would reportedly be brought in to work on a new artificial intelligence (AI) hardware project. Tang Tan will join Ive’s design firm LoveFrom, according to Bloomberg’s Mark Gurman. As part of the LoveFrom … Read more
