OpenAI secures $6.6B funding boosting AI innovation
OpenAI raises $6.6B in funding, reaching a $157B valuation, to accelerate AI research, expand compute power, and drive future growth.
OpenAI Faces $5 Billion Loss Despite Rapid Revenue Growth
OpenAI expects $5 billion in losses this year, despite strong revenue growth from its AI models and plans to raise ChatGPT subscription fees.
Tech Titans Clash: Chinese AI Giants Square Off With OpenAI, Google, and Meta
China is looking to challenge the U.S. in artificial intelligence. Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet’s Google and Meta. However, some of China’s tech giants have launched their own AI models over the past 18 months, looking to capitalize on
Nvidia’s 10% Plunge Wrecks Chip Stocks to Worst Day Since 2020
Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. Intel fell almost 8%, Marvell slid 8.2%, and Broadcom lost about 6%. AMD dropped 7.8%, and Qualcomm fell nearly 7%. The VanEck Semiconductor ETF (SMH), an index that tracks
U.S. AI Safety Institute to Test OpenAI and Anthropic Models
U.S. AI Safety Institute partners with OpenAI and Anthropic for pre-release testing to ensure AI safety and responsible development.
OpenAI Teams with Condé Nast on AI-Powered Content
OpenAI's products, including ChatGPT and SearchGPT, will be able to display content from various Condé Nast outlets, such as Vogue, The New Yorker, and Wired.
OpenAI Co-Founder John Schulman Departs to Join Anthropic
OpenAI co-founder John Schulman leaves to join AI startup Anthropic, focusing on AI alignment and hands-on technical work.
Anthropic Unveils Claude 3.5 Sonnet AI Model
Anthropic introduces Claude 3.5 Sonnet, setting new AI performance benchmarks with enhanced capabilities and dynamic features.
Mistral AI Raises €600M to Challenge U.S. AI Giants
Mistral AI raised €600 million, valuing the French startup at €5.8 billion, aiming to challenge U.S. AI giants like OpenAI.
Apple Briefly Tops Microsoft in Market Value Amid AI Push
Apple briefly surpassed Microsoft as the world's most valuable company, driven by its recent AI announcements at the developers conference.
