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The Latest Breaking News from OpenAI

OpenAI’s deal with Microsoft could pave the way for a potential IPO

OpenAI has reached a preliminary deal with Microsoft that paves the way to convert its for-profit arm into a public benefit corporation (PBC).

Fortune

OpenAI for-profit restructuring given go-ahead by Microsoft in new non-binding deal

OpenAI and Microsoft sign non-binding memorandum that could see OpenAI aim to go public.

TechRadar

AI Chip Stocks Gain After Oracle Earnings And Mega Cloud Deals

Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and surging demand for AI infrastructure fueled gains across the sector.

Benzinga

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Going solo? Microsoft wants to be "self-sufficient in AI" — building its own chip cluster to reduce its reliance on OpenAI

Microsoft's AI CEO, Mustafa Suleyman, revealed the company's plans to make "significant investments" to become self-sufficient in AI.

Windows Central

FTC Launches Probe Into OpenAI, Google, Meta, Snapchat Over Fears AI Chatbots Could Harm Kids And Teens

The Federal Trade Commission (FTC) has initiated an investigation into the potential adverse effects of artificial intelligence (AI) chatbots on children and teenagers. The probe encompasses seven major companies, including OpenAI, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta (NASDAQ:META), and Snapchat (NYSE:SNAP).

Benzinga

OpenAI and Nvidia bosses ‘set to pledge multbillion-dollar UK investments’

The tech giants are said to be working with London-based data centre business Nscale Global Holdings on a project in the UK.

Evening Standard

Microsoft deal brings OpenAI closer to becoming a for-profit firm

OpenAI is hoping to restructure itself into a for-profit company, although the move still requires approval from regulators in California and Delaware.

Euronews

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OpenAI and Nvidia Plan Major UK Data Center Investments

OpenAI and Nvidia are planning to invest billions of dollars in the UK to build data centers. The announcement is expected to align with U.S. President

Geekflare

Microsoft Plans Major AI Chip Investments As Mustafa Suleyman Pushes 'Self-Sufficiency' Beyond OpenAI Partnership

Microsoft Corp. (NASDAQ:MSFT) is planning significant investments in proprietary artificial intelligence chip infrastructure to achieve “self-sufficiency in AI,” according to leaked comments from AI CEO Mustafa Suleyman during an internal town hall meeting on Thursday.

Benzinga

Microsoft, OpenAI Sign Non-Binding Deal To Reshape Partnership As ChatGPT Maker Pushes $500 Billion Valuation

On Thursday, Microsoft Corp. (NASDAQ:MSFT) and OpenAI signed a non-binding agreement to reset the terms of their high-profile partnership, a move that could clear the way for ChatGPT-parent's restructuring into a for-profit entity as it pursues a $500 billion valuation.

Benzinga

AI Darwin Awards to mock the year’s biggest failures in artificial intelligence

The AI Darwin Awards want to “reward” bad, ill-conceived, or dangerous uses of AI with “immortal internet fame”.

Euronews

FTC launces inquiry into AI chatbots acting as companions and their effects on children

The Federal Trade Commission has launched an inquiry into several social media and artificial intelligence companies about the potential harms to children and teenagers who use their AI chatbots as companions

The Independent UK

FTC targets Google, Meta, X, and others with inquiry into AI chatbot safety: 'Protecting kids online is a top priority'

The Federal Trade Commission wants to know what chatbot-makers are doing to "measure, test, and monitor potentially negative impacts" of their products.

PC Gamer

‘I haven’t had a good night of sleep since ChatGPT launched’: Sam Altman admits the weight of AI keeps him up at night

It’s the subtle, unseen ways ChatGPT rewires human behavior that scares Sam Altman most.

Fortune

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Fortune

Elon Musk escalates feud with Sam Altman by reviving baseless conspiracy theory that OpenAI researcher was murdered

Much of the conspiracy theorizing over Suchir Balaji’s death has to do with the refusal of his parents to accept the official findings and insistence that he was murdered.

International Business Times UK

Elon Musk Slams Sam Altman's Suicide Remark — Demands Answers on How Suchir Balaji Was Found Dead

A recent remark by Sam Altman has reignited a fierce debate over the death of Suchir Balaji, a former OpenAI researcher.

Fortune

Healthcare is the one profession growing right now—and according to OpenAI CEO Sam Altman, it may be the only one immune to AI

As AI disrupts many of the jobs Gen Z needs post graduation, healthcare may be one of the only silver linings in today’s job market.

Barchart

Broadcom Just Scored a Major OpenAI Win. Should You Buy AVGO Stock Here?

Broadcom’s new $10 billion AI chip order has fueled a double-digit stock surge and solidified AVGO’s position as a top supplier in the generative AI race, though its premium valuation should give investors pause.

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Fortune

Not just Larry Ellison got a huge payday this week—Oracle’s CEO is worth over $3.4 billion after stock surge

Not just Larry Ellison got a huge payday this week—Oracle’s CEO is worth over $3.4 billion after the company's stock surged by over 30%.

Fortune

Klarna's $17 billion IPO has just turned 40 staffers into overnight millionaires—while Nvidia, Canva, and Palantir workers are seeing similar gains

Now, at least 100 Klarna workers have collectively joined the millionaires’ club—and workers who invested early in Nvidia, Canva, and Palantir are seeing dizzying success, too.

TechRadar

ChatGPT Voice as a Siri replacement? Sam Altman’s on board – and so am I

OpenAI CEO Sam Altman thinks replacing Siri with ChatGPT Voice would make a better iPhone, and so do I.

PC Gamer

Oracle's $300 billion deal with OpenAI briefly knocked Elon Musk off the world's richest person spot, replaced instead by the company's head honcho, Larry Ellison

Spare any change, guv?

Windows Central

Sam Altman warns the "dead internet theory" may soon come true — bots and AI like ChatGPT could kill the web in 3 years

Recent reports suggest the dead internet theory could become a reality within the next three years, as AI‑generated content appears to have surpassed human‑written material. Even Sam Altman is concerned.

Tom’s Hardware

OpenAI signs contract to buy $300 billion worth of Oracle computing power over the next five years — company needs 4.5 gigawatts of power, enough to power four million homes

OpenAI and Oracle have signed one of the largest technology deals in history, worth $300 billion. Over five years starting in 2027, Oracle will provide OpenAI with over 4.5 gigawatts worth of computing power to help power ChatGPT and other AI products and services.

Benzinga

Famed Short Seller Jim Chanos Targets Oracle For Old 'Accounting Issues,' Says ORCL's $300 Billion Deal Backlog With OpenAI Doesn't Begin Till 2027

Famed short-seller Jim Chanos has publicly questioned the quality of Oracle Corp.'s (NYSE:ORCL) massive new backlog, arguing a cornerstone $300 billion deal with OpenAI is risky, years away from starting, and reminiscent of the company’s past accounting controversies.

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Sebastian Siemiatkowski

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