OpenAI reportedly earned $300 million in revenue in August, up 1,700% since the start of 2023. That’s according to a report Friday (Sept. 27) by The New York Times (NYT), citing financial documents seen by the news outlet. Those documents…
Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion, but Apple recently backed away from discussions to take part, The Wall Street Journal (WSJ)…
The State of California has just taken a significant step in enforcing some much-needed transparency vis-a-vis the troves of data that voracious generative AI models have been consuming as they become ever more elaborate in their responses…
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist — Converting from a nonprofit happens rarely, especially for organizations this…
UAE President meets Biden to discuss AI cooperation. OpenAI pushes for expansion of data centers. SAG-AFTRA strikes against League of Legends. Sony celebrates PlayStation's 30th anniversary with limited edition consoles. Ubisoft delays…
The last week was a whirlwind for Apple, with news ranging from the tech giant's withdrawal from OpenAI's funding round to the iPhone 16 Pro Max's camera failing to top global rankings.
OpenAI, the company behind ChatGPT, has seen a huge boost in revenue but is also facing serious financial challenges. Recent reports show that OpenAI made ...
OpenAI expects roughly $5 billion in losses this year, according to reports from The New York Times and CNBC. The company, which owns ChatGPT, had $3.7 billion in revenue this year and expects to increase revenue to over $11 billion next…
OpenAI's ambitious plans to build AI data centers with unprecedented power requirements have sparked discussions about the feasibility and environmental impact of such projects.
Apple is said to have dropped out of a new funding round for OpenAI at the last minute, but this will have no impact on its plans to integrate optional ChatGPT queries into Apple Intelligence.
Secure Facilities Authors suing OpenAI for copyright infringement are going to get unprecedented access to its training data — but that access is very limited. As The Hollywood Reporter reveals, lawyers for authors Sarah Silverman, Ta…
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5…
According to a report from The New York Times, OpenAI is planning on gradually increasing the price of ChatGPT+ over the course of the next five years. This information was obtained from internal documents that are being circulated to…
OpenAI is looking to make ChatGPT more costly to users in the next few years. A new report published by the New York Times shed light on some internal documents and how reports spoke about the company having plans to raise the pricing of…
OpenAI executives grew concerned about the company's future following the departure of key figures like co-founder Ilya Sutskever, prompting efforts to bring him back, though these attempts ultimately failed as Sutskever launched his own…