sam altman

  1. Hanno Labuschagne

    OpenAI urges two states to investigate Elon Musk

    OpenAI urges two states to investigate Elon Musk OpenAI urged the attorneys general of California and Delaware to investigate potential “improper and anti-competitive behaviour” by Elon Musk in his efforts to block OpenAI from restructuring as a for-profit company. Jason Kwon, chief strategy...
  3. Hanno Labuschagne

    OpenAI buys TBPN talk show

    OpenAI buys TBPN talk show OpenAI has acquired the online technology talk show TBPN, an unusual purchase for the artificial intelligence model developer aimed at driving the conversation around AI. OpenAI and TBPN didn’t disclose the terms of the deal.
  4. Hanno Labuschagne

    Nvidia says $100-billion OpenAI investment is not a done deal

    Nvidia says $100-billion OpenAI investment is not a done deal Nvidia chief executive officer Jensen Huang said the company’s proposed $100 billion (R1.6 trillion) investment in OpenAI was “never a commitment” and that the company would consider any funding rounds “one at a time.” “It was...
  5. Hanno Labuschagne

    OpenAI starts testing ads in ChatGPT

    OpenAI starts testing ads in ChatGPT OpenAI will start testing advertisements in the ChatGPT app for certain US users, marking a major shift for the company as it seeks to bolster revenue from the popular chatbot. The ads will appear in the coming weeks for logged-in users of the free version...
  6. Hanno Labuschagne

    AMD share price rallies after OpenAI deal announcement

    AMD share price rallies after OpenAI deal announcement Advanced Micro Devices (AMD) landed a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia in the AI computing industry. AMD shares soared...
  7. Hanno Labuschagne

    GPT-5 unveiled

    GPT-5 unveiled OpenAI is rolling out a more powerful and long-awaited new artificial intelligence model called GPT-5, vying to stay ahead of increased competition from rivals in the US and China. GPT-5, unveiled during a livestreamed event on Thursday, is designed to be more capable of coding...
  8. Hanno Labuschagne

    Possible OpenAI share sale values company at $500 billion

    Possible OpenAI share sale values company at $500 billion OpenAI is in early talks about a potential sale of stock for current and former employees at a valuation of about $500 billion (R8.93 trillion), people briefed on the investment discussions said, marking an enormous gain in value for the...
  9. Hanno Labuschagne

    OpenAI launches new funding round revealing R2.7-trillion valuation

    OpenAI launches new funding round revealing R2.7-trillion valuation OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion (R2.68 trillion), according to people familiar with the situation. The new valuation, a figure that doesn’t include the money being raised...
  10. Hanno Labuschagne

    Sam Altman rejoining OpenAI board following investigation into firing

    Sam Altman rejoining OpenAI board following investigation into firing OpenAI chief executive officer Sam Altman was cleared of any wrongdoing that would have mandated being fired from the company late last year, according to a report based on a monthslong investigation into the events leading...
  11. Hanno Labuschagne

    OpenAI rolling out AI-powered text-to-video generator

    OpenAI rolling out AI-powered text-to-video generator OpenAI teased a new artificial intelligence system that can create realistic-looking videos based on text prompts from users, making it the latest AI company to embrace generative video technology. The AI system, called Sora, can quickly...
  12. Hanno Labuschagne

    OpenAI reappoints Sam Altman as CEO — board to be overhauled

    OpenAI reappoints Sam Altman as CEO — board to be overhauled OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers, a stunning reversal in a drama that’s transfixed Silicon Valley and the global AI industry. Altman is returning as chief...
  13. Hanno Labuschagne

    Nearly all OpenAI employees want Altman back — demand entire board step down

    Nearly all OpenAI employees want Altman back — demand entire board step down Nearly all of OpenAI’s employees have threatened to quit and follow ousted leader Sam Altman to work at the company’s biggest investor, Microsoft Corp., unless the current board resigns, leaving the future of the...
  14. Hanno Labuschagne

    Sam Altman appointed to lead new Microsoft AI division

    Sam Altman appointed to lead new Microsoft AI division Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week, a bid to shore up Microsoft’s AI plans and reassure...
  15. Hanno Labuschagne

    ChatGPT Plus sign-ups paused due to high demand

    ChatGPT Plus sign-ups paused due to high demand OpenAI will pause accepting new users for its paid ChatGPT Plus service due to overwhelming demand, chief executive officer Sam Altman said in a post on Tuesday. Altman’s company introduced new features and upgrades at its first-ever developer...
  16. Hanno Labuschagne

    OpenAI building AI image detector with 99% accuracy

    OpenAI building AI image detector with 99% accuracy OpenAI is building a tool to detect images created by artificial intelligence with a high degree of accuracy. Mira Murati, chief technology officer of the maker of popular chatbot ChatGPT and image generator DALL-E, said on Tuesday that...
  17. Hanno Labuschagne

    OpenAI aims for $80-$90 billion in share sale — Report

    OpenAI aims for $80-$90 billion in share sale — Report OpenAI, the creator of ChatGPT, is talking to investors about a potential share sale that would value the startup at $80 billion to $90 billion (R1.53 trillion to R1.72 trillion), the Wall Street Journal reported. Such a valuation would be...
  18. Hanno Labuschagne

    Sam Altman's crypto token launching on Monday — report

    Sam Altman's crypto token launching on Monday — report The cryptocurrency of OpenAI Inc. chief executive officer Sam Altman is set to launch Monday, Semafor reported. OpenAI is the company behind the highly-popular artificial intelligence (AI) tool ChatGPT. [Bloomberg]
  19. Hanno Labuschagne

    ChatGPT creator sued for "stealing" private information

    ChatGPT creator sued for "stealing" private information ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit seeking class-action status...
  20. Hanno Labuschagne

    OpenAI's Sam Altman calls on China to help regulate AI

    OpenAI's Sam Altman calls on China to help regulate AI China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems, OpenAI Inc.’s chief executive officer Sam Altman said. “With the emergence of the increasingly...
  21. Hanno Labuschagne

    OpenAI will comply with EU's AI regulations

    OpenAI will comply with EU's AI regulations OpenAI Inc. chief executive officer Sam Altman — days after making comments that he might pull out of Europe if he didn’t feel he could meet the EU’s regulations — said he plans to comply with the bloc’s rules. In discussions with EU regulators...
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