openai - The AI Report

Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation | Reuters

30Oct

By The AI ReportNo Comments

News Feed, OpenAI

Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation | Reuters

OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the ...

Meta AI Vibes on Wall Street radar in Q3 earnings, trails OpenAI Sora – CNBC

28Oct

By The AI ReportNo Comments

News Feed, OpenAI

Meta AI Vibes on Wall Street radar in Q3 earnings, trails OpenAI Sora – CNBC

The Meta AI app has seen a major jolt in downloads since the company launched Vibes and began paying creators to make AI-generated videos.

OpenAI Restructures, Gets More Freedom in New Microsoft Deal – Business Insider

28Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI Restructures, Gets More Freedom in New Microsoft Deal – Business Insider

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.

Sam Altman: OpenAI wants to get to $1 trillion a year in infrastructure spend – Axios

28Oct

By The AI ReportNo Comments

News Feed, OpenAI

Sam Altman: OpenAI wants to get to $1 trillion a year in infrastructure spend – Axios

OpenAI has committed to spend about $1.4 trillion on infrastructure so far, equating to roughly 30 gigawatts of data center capacity, CEO Sam ...

OpenAI says CEO Altman will not get a stake in newly restructured firm | Reuters

28Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI says CEO Altman will not get a stake in newly restructured firm | Reuters

OpenAI co-founder and CEO Sam Altman is not getting a stake in the newly restructured company, the ChatGPT maker said on Tuesday.

OpenAI to Deploy 6GW of AMD GPUs – Frontier Enterprise

28Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI to Deploy 6GW of AMD GPUs – Frontier Enterprise

OpenAI has entered into a 6-gigawatt agreement to power OpenAI's next-generation AI infrastructure across multiple generations of AMD Instinct GPUs.

OpenAI Due to Receive Another $22 Billion From SoftBank | PYMNTS.com

27Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI Due to Receive Another $22 Billion From SoftBank | PYMNTS.com

The Japanese conglomerate SoftBank has reportedly taken another step towards completing its massive $30 billion investment in OpenAI.

OpenAI, Anthropic increasingly diverge as strategies evolve | Constellation Research Inc.

26Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI, Anthropic increasingly diverge as strategies evolve | Constellation Research Inc.

OpenAI and Anthropic have historically been mentioned together. After all, OpenAI's ChatGPT and Anthropic's Claude are among the most popular ...

OpenAI’s Generative Music Tool: Revolutionizing Sound Creation and Raising Industry Questions

26Oct

By The AI ReportNo Comments

News Feed, OpenAI

OpenAI’s Generative Music Tool: Revolutionizing Sound Creation and Raising Industry Questions

OpenAI is preparing to launch a groundbreaking generative music tool, blending advanced neural networks with expert musical annotation.

26Oct

By The AI ReportNo Comments

News Feed, OpenAI

Softbank approves remaining $22.5 billion of OpenAI investment, The Information reports

(Reuters) -Softbank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, the Information reported ...