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Stories published on Sep 30
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  • Stories published on Sep 30

Monday, Sep 30

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VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company

Venture capitalists pursue Mira Murati after her departure from OpenAI, as the company closes in on a new $6.5 billion round of funding.

OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition

www.pymnts.com

OpenAI, the creator of ChatGPT, is reportedly considering transitioning to a for-profit model. This strategic pivot is reshaping the artificial intelligence (AI) landscape, raising questions about the future of AI innovation, market…

23

Here's what OpenAI employees are saying about the company's future

Some former and current OpenAI employees weigh in on whether the company is moving in the right direction.

21

AI News Roundup – OpenAI restructuring into a for-profit corporation, Meta’s AI updates, AI tools for police body-worn camera footage, and more

www.jdsupra.com

To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following...... By: McDonnell Boehnen Hulbert & Berghoff LLP

Thoughts on OpenAI's recent fundraise reports and how Apple reportedly backing out, while still using ChatGPT for Apple Intelligence, may lead to awkward deals (M.G. Siegler/Spyglass)

www.techmeme.com

Thoughts on OpenAI's recent fundraise reports and how Apple reportedly backing out, while still using ChatGPT for Apple Intelligence, may lead to awkward deals — Thinking through their numbers and those deal terms... While they published…

Apple backs out of backing OpenAI, report claims

arstechnica.com

Apple dropped out of the $6.5 billion investment round at the 11th hour.

20

OpenAI Reportedly Slated for $500 Million SoftBank Investment

www.pymnts.com

Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. The $500 million investment would come from the bank’s Vision Fund, The Information reported Monday (Sept. 30), citing a source familiar with…

19

9to5Mac Daily: September 30, 2024 – Apple and OpenAI, more

9to5mac.com

Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players.

SoftBank to invest $500mn in OpenAI

www.ft.com

Japanese group led by Masayoshi Son set to join $6.5bn funding round that would value start-up at $150bn

18

OpenAI Gets $500 Million Investment From SoftBank

www.thewrap.com

Sam Altman's AI company is looking to raise $6.5 billion overall at a valuation of $150 billion

17

Apple Exits OpenAI Investment Talks: What Does This Mean for AI Development?

www.techtimes.com

Previously, Apple was reported to be interested in AI investment with OpenAI. However, it was said that the iPhone maker had withdrawn from the negotiation.

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Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B (The Information)

www.techmeme.com

Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B — SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding…

13

Apple No Longer in Talks to Invest in ChatGPT Maker OpenAI

www.macrumors.com

Apple has reportedly exited negotiations to invest in OpenAI, the company behind the popular ChatGPT AI chatbot, according to The Wall Street Journal.

OpenAI's SearchGPT Set To Disrupt Google's Search Empire As Former Engineer Sounds Alarm On Deteriorating User Experience Amid Rising Competition

www.benzinga.com

OpenAI's latest AI-driven search engine, SearchGPT, is set to challenge Google's long-standing dominance in the search market.

12

OpenAI ChatGPT Plus Subscription May Soon Cost Around USD 50 a Month; Check Details

www.latestly.com

OpenAI is expected to raise the ChatGPT Plus subscription cost from USD 20 to potentially USD 50 per month.

Apple Pulls Out of OpenAI’s $6.5 Billion Funding Round Ahead of Finalisation

techeconomy.ng

This brings an end to what could have been an uncommon investment by Apple in another prominent Silicon Valley company

Elon Musk Mocks Vinod Khosla After OpenAI Investor Mixes Up Argentina's Poverty And Unemployment Rates To Draw Parallels Between Javier Milei And Trump: 'Vinod Is Just Actually Not Smart'

www.benzinga.com

Elon Musk and early OpenAI investor Vinod Khosla reignited their public feud on X, with Musk mocking Khosla's criticism of an Argentina-related post, continuing their history of disagreements.

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OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The process won't be easy.