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    OpenAI in talks to raise funding at over $100 billion valuation

    The funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion, the report said, citing people familiar with the matter.

    'A brilliant tribute’: Anand Mahindra applauds ChatGPT’s creative tribute to India’s Paralympics 2024 team

    Mahindra Group Chairman Anand Mahindra has shared his support for the Indian Paralympics 2024 team via social media. Using OpenAI's ChatGPT to generate a graphic, Mahindra expressed his excitement and optimism for the team's potential, drawing positive responses from X users.

    Why GenAI might pose a risk to itself

    In 2017, Facebook's AI bots Alice and Bob developed their own language, leading to the experiment's halt and sparking global AI concerns. A 2023 study highlights that large language models (LLMs) trained on synthetic data can suffer from Model Autophagy Disorder (MAD), degrading over time due to amplified biases and reduced novelty. Research also indicates that reliance on synthetic data may lower content quality and SEO performance, affecting digital content and AI model effectiveness.

    AI is helping to launch new businesses

    AI tools facilitate tasks like marketing and coding, accelerating startup development and drawing interest from venture capitalists.

    AI is helping to launch new businesses and not just AI businesses

    For all the excitement over the potential impact of generative AI tools like ChatGPT, it is not yet obvious how or when this technology will begin to measurably affect economic activity. Many businesses, especially smaller businesses, are still trying to figure out how to use it effectively.

    OpenAI blocks Iranian group's ChatGPT accounts for targeting US election

    The operation, identified as Storm-2035, used ChatGPT to generate content focused on topics such as commentary on the candidates on both sides in the U.S. elections, the conflict in Gaza and Israel's presence at the Olympic Games and then shared it via social media accounts and websites.

    • OpenAI is a bigger threat to Google than US regulators

      A US ruling on Monday, which found that Google built an illegal search monopoly, is considered a big win for regulators. But an increasing number of people using AI tools including OpenAI's popular ChatGPT chatbot is already eroding Google's dominance, sources, investors and analysts said. Microsoft-backed OpenAI said last month it was also breaking into the search game with a slow launch of SearchGPT, an AI-powered search engine with real-time access to information from the internet.

      OpenAI cofounder John Schulman leaves ChatGPT maker for rival Anthropic

      "This choice stems from my desire to deepen my focus on AI alignment, and to start a new chapter of my career where I can return to hands-on technical work," Schulman said in his X post. OpenAI's President and cofounder Greg Brockman is also taking a sabbatical through the end of the year, he said in a X post late Monday.

      US crypto exchange Coinbase adds three board members, including OpenAI executive

      US cryptocurrency exchange Coinbase has added three new members and they are Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former U.S. Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon and a board member for Stripe and Workday. The additions will expand the board from seven to 10.

      OpenAI assigns new project to AI safety leader Aleksander Madry in revamp

      "Aleksander is working on a new and v(very) important research project," Altman said in a post on X, adding that OpenAI executives Joaquin Quinonero Candela and Lilian Weng will be taking over the preparedness team in the meanwhile.

      IndiaAI Summit | Keeping India in mind: OpenAI official

      OpenAI, the maker of viral chatbot ChatGPT, makes important decisions based on the India market, the company's vice president Srinivas Narayanan said at the Global IndiaAI Summit. The executive also pointed out that AI has strengthened in India's dynamic entrepreneurial ecosystem, pledging support to India's Rs 10,000 crore AI mission.

      Apple poised to get OpenAI board observer role as part of AI pact

      Apple secures observer role on OpenAI's board with Phil Schiller as representative, integrating ChatGPT and 'Apple Intelligence' across its apps. New directors appointed at OpenAI. Schiller gains insights into decision-making. Apple and OpenAI silent on details. Report by Juby Babu from Mexico City, edited by Krishna Chandra Eluri.

      OpenAI signs multi-year content deal with Time magazine

      In response to user queries, the chatbot will cite and link back to the original source on Time.com, the companies added in a statement. The financial terms of the deal were not disclosed.

      ChatGPT answers went 'undetected', secured better grades than students, study finds

      On behalf of 33 'fake students', the researchers at the University of Reading, UK, submitted answers generated by ChatGPT to the examinations system of the School of Psychology and Clinical Language Sciences of the same university.

      AI startup Etched raises $120 million to develop specialised chip

      The San Francisco-based company aims to make a specialised processor tuned to run a specific kind of AI model that is widely used by OpenAI's ChatGPT and Google Gemini.

      OpenAI pact has privacy guardrails: Apple

      Despite privacy worries surrounding the Apple-OpenAI partnership, Apple guaranteed privacy safeguards for users, even those accessing the free version of ChatGPT without an account.

      OpenAI CEO Sam Altman says company could become benefit corporation: report

      One scenario Altman said the board is considering is a for-profit benefit corporation, which rivals such as Anthropic and xAI are using, the report said, citing a person who heard the comments.

      Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

      Left unanswered on Monday: which company is paying the other as part of a tight collaboration that has potentially lasting monetary benefits for both. But, according to people briefed on the matter, the partnership isn’t expected to generate meaningful revenue for either party — at least at the outset.

      ChatGPT a mentor for Japan's 89-year-old app developer

      Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills. As in other developed economies, the plummeting birth rate has raised fears of a looming demographic crisis with not enough workers to support the growing ranks of retired.

      Apple unveils big AI push; embeds ChatGPT into iPhones, Siri

      Apple announced Apple Intelligence at its annual developer conference, integrating AI features developed in-house and by OpenAI. The Cupertino-based company aims to embed the technology across iPhone, iPads, and MacBooks, leveraging Apple Silicon for personalized, contextual results.

      Elon Musk warns that he will ban Apple devices if OpenAI is integrated at operating system level

      In its developers' conference, tech giant Apple announced a slew of AI features across its apps and operating platforms and a partnership with OpenAI to bring the ChatGPT technology to its devices. Apple said it had built AI with privacy "at the core" and it would use a combination of on-device processing and cloud computing to power those features.

      Apple launches AI products: Markets yawn, Elon Musk outraged

      After months of mystery over Apple’s AI strategy, it took a step taken by nearly every other tech company: integrate some OpenAI models into its products for features like text generation. Let's take a look at highlights from the event and what followed.

      Apple brings ChatGPT and more AI to devices, Wall Street unimpressed

      In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to suit the occasion.

      ChatGPT maker OpenAI hires Nextdoor's Sarah Friar as CFO

      OpenAI said on Monday it has hired Sarah Friar, most recently the CEO of Nextdoor, as its first chief financial officer. The artificial intelligence firm has also appointed Kevin Weil, who has previously worked at Twitter and Instagram, as chief product officer.

      The new ChatGPT offers a lesson in AI hype

      OpenAI highlighted ChatGPT-4o's improved reasoning abilities but tests showed mixed results. The bot struggled with logic puzzles like the Where's Waldo? puzzle and made errors in reasoning.

      OpenAI forms AI safety committee after key departures

      OpenAI, the company behind ChatGPT, announced the formation of a new safety committee on Tuesday, weeks after the departures of key executives raised questions about the firm's commitment to mitigating the dangers of artificial intelligence. The committee's formation comes on the heels of recent executive departures that stoked concerns about OpenAI's AI safety priorities.

      PWC to become OpenAI's largest enterprise customer, WSJ reports

      PWC will roll out a version of Microsoft-backed OpenAI's flagship chatbot catered towards large companies- ChatGPT Enterprise, according to the report.

      EU data protection board says ChatGPT still not meeting data accuracy standards

      EU task force criticizes OpenAI's efforts to improve accuracy of ChatGPT output in compliance with data rules.

      Scarlett Johansson's OpenAI feud rekindles Hollywood fear of artificial intelligence

      Johansson's accusation that the ChatGPT-maker copied her performance in the Spike Jonze-directed feature film, after failing to strike an agreement, rekindled the creative class's anxiety about the existential threat posed by AI, even as Hollywood studios test new tools and mull alliances with OpenAI.

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