Jaap Arriens | Nurphoto | Getty Images OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head to head in some cases with financial backer Microsoft, attendees told Reuters. … Read more
OpenAI is seeing surging demand for the corporate version of ChatGPT even as it confronts a growing number of artificial intelligence companies offering similar products for the workplace. In an interview on Bloomberg Technology, OpenAI’s chief operating officer Brad Lightcap said there are now more than 600,000 people signed up to use ChatGPT Enterprise, up … Read more
OpenAI’s new text-to-video artificial intelligence model left jaws on the floor recently when the company offered up examples of what it can do. Sora, as it’s called, generates astonishingly realistic footage from descriptive text inputs, and while a close look can sometimes reveal slight flaws in the imagery, the technology has left many wondering to … Read more
San Francisco: OpenAI’s CEO Sam Altman has said that Tesla and SpaceX CEO Elon Musk thought that the ChatGPT-maker company would fail and “he chose to part ways”. In an interview with podcaster Lex Fridman, Altman said that “Musk thought OpenAI was going to fail. He wanted total control to turn it around. We wanted … Read more
Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced its IPO on Wednesday at $34 a share, the top of the expected range. Reddit and selling … Read more
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended drought was broken up this week with the market debuts of … Read more
Apple wants AI tech on its iPhones – and is reportedly in talks with two of its rivals and a Chinese internet giant to make it happen. The Wall Street Journal reported that Apple is in early discussions with Baidu – the go-to search engine in China – to bring its generative AI model, the … Read more
Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His … Read more
ChatGPT creator OpenAI has lambasted Elon Musk’s allegations against it, saying in a court filing that the billionaire entrepreneur’s claims “rest on convoluted – often incoherent – factual premises”. In the filing, OpenAI said that it did not violate its agreement with Musk because “there is no founding agreement, or any agreement at all with … Read more
Elon Musk’s artificial intelligence startup xAI will open-source the code for its snarky Grok chatbot “this week,” its billionaire founder said. The move makes Grok’s source code freely available — and thus able to be redistributed and modified — in what’s seen as Musk’s latest jab at rival OpenAI’s popular ChatGPT, the Wall Street Journal … Read more
