openai - The AI Report

The AI hype is starting to fade on Wall Street. Here’s what investors need to know.

28Sep

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The AI hype is starting to fade on Wall Street. Here’s what investors need to know.

Until the Oracle-OpenAI deal, the AI spending boom had been mostly financed by a handful of companies like Microsoft, Meta, Alphabet and Amazon, which ...

Commentary: OpenAI faces two major challenges after cash infusion – digitimes

28Sep

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Commentary: OpenAI faces two major challenges after cash infusion – digitimes

The market reaction to Nvidia's investment in OpenAI has been mixed. Optimistic factors include the continued expansion of data center demand and ...

Nvidia (NVDA) Seen as Key AI Beneficiary Despite Risks Tied to OpenAI Funding – MSN

27Sep

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Nvidia (NVDA) Seen as Key AI Beneficiary Despite Risks Tied to OpenAI Funding – MSN

... OpenAI's future models. While the announcement reflects OpenAI's ability to ramp, DA Davidson is concerned that Nvidia is becoming the “investor ...

OpenAI CEO Sam Altman says GPT-8 will be true AGI if it solves quantum gravity – Windows Central

27Sep

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OpenAI CEO Sam Altman says GPT-8 will be true AGI if it solves quantum gravity – Windows Central

OpenAI CEO says solving quantum gravity would prove GPT-8 has reached true AGI.

Ex-OpenAI Trio in Funding Talks at $500 Million Valuation – The Information

27Sep

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Ex-OpenAI Trio in Funding Talks at $500 Million Valuation – The Information

In the latest example, Applied Compute, founded in May by three former OpenAI staffers, is in talks to raise new funding at a $500 million valuation ...

CoreWeave, OpenAI expand partnership with $6.5B deal – NJBIZ

26Sep

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CoreWeave, OpenAI expand partnership with $6.5B deal – NJBIZ

CoreWeave expands its partnership with OpenAI in a $6.5B deal, bringing their total agreements to $22.4B to power advanced AI model training.

Musk’s xAI sues OpenAI, alleging theft of trade secrets – Sherwood News

25Sep

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Musk’s xAI sues OpenAI, alleging theft of trade secrets – Sherwood News

OpenAI violated California and federal law by inducing former xAI employees, including Xuechen Li, Jimmy Fraiture, and a senior finance executive, to ...

Meta Hires OpenAI’s Yang Song For MSL Research Role – Dataconomy

25Sep

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Meta Hires OpenAI’s Yang Song For MSL Research Role – Dataconomy

Meta has hired former OpenAI researcher Yang Song as the research principal for its Meta Superintelligence Labs (MSL).

CoreWeave Expands Agreement with OpenAI by up to $6.5B – HPCwire

25Sep

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CoreWeave Expands Agreement with OpenAI by up to $6.5B – HPCwire

“CoreWeave has become an important partner in OpenAI's broader infrastructure platform,” said Peter Hoeschele, VP of Infrastructure and Industrial ...

OpenAI expands Stargate with new data centers in Lordstown, four other sites

25Sep

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OpenAI expands Stargate with new data centers in Lordstown, four other sites

OpenAI plans to invest roughly $400 billion to develop five new U.S. data center sites, including Lordstown, Ohio, in partnership with Oracle ...