OpenAI

OpenAI is exploring a shift from a non-profit to a for-profit model, seeking guidance from California's attorney general on restructuring while maintaining its ethical commitments.

Uber is using AI, powered by ChatGPT, to help drivers transition to electric vehicles by providing personalised guidance and local information on incentives and charging options. This initiative aligns with Uber's sustainability goals and reflects the growing influence of AI in the automotive industry.

OpenAI, the artificial intelligence trailblazer backed by Microsoft, is not expected to turn a profit until 2029, according to a recent financial report obtained by The Information. Despite its groundbreaking advancements in AI technology, the company faces a series of financial hurdles over the next several years, with projected losses continuing to rise before it eventually breaks into profitability. The report, released on October 9, underscores the immense operational costs and investments associated with OpenAI's ongoing development, painting a complex picture of its path to success.

OpenAI, the parent company of ChatGPT, announced plans to establish a new office in Singapore by the end of 2024. This expansion is part of a broader global strategy that includes opening offices in Paris, Brussels, and New York. Singapore will serve as a hub for OpenAI's operations in the Asia-Pacific region, enhancing the company's ability to support customers and partners in this rapidly growing market.

OpenAI is opening a new office in Singapore by the end of 2024 to strengthen its presence in Asia and collaborate with local initiatives like AI Singapore. This expansion aims to support AI development across Southeast Asia while creating new job opportunities.

OpenAI, the San Francisco-based artificial intelligence (AI) leader and maker of ChatGPT, is making its mark on the East Coast with its first New York office, a sign of the technology sector’s growing influence on real estate. The company has signed a lease for 90,000 square feet in Manhattan's historic Puck Building, located in the SoHo neighborhood. This move, made earlier this month, represents OpenAI’s expanding footprint beyond its West Coast roots, further cementing its presence as a dominant force in both the AI and real estate sectors.

On a cool evening in San Francisco, Elon Musk once again demonstrated his flair for the dramatic. Hosting a recruiting party for his latest startup, xAI, in the former headquarters of OpenAI—a company he cofounded and later left—Musk made it clear that he’s not just in the AI race; he intends to win it. His mission? To challenge the dominant players in the artificial intelligence space—OpenAI, Google, and Anthropic—and build an AI system that is both powerful and openly accessible, unlike what he characterizes as their “closed, for-maximum-profit AI” approach.

Google has launched a new video search feature that allows users to point their camera at objects and ask questions, providing relevant search results. This initiative, part of their ongoing AI enhancements, aims to improve user interaction and maintain Google’s dominance in the competitive search market.

As the artificial intelligence (AI) landscape continues to evolve at an unprecedented pace, tech giants Google and OpenAI are now setting their sights on the next frontier in AI development: reasoning. Both companies are working to build AI models that more closely mimic human-like reasoning capabilities, a development that could revolutionize the way AI systems interact with complex tasks like math, coding, and problem-solving.

OpenAI, the artificial intelligence startup best known for developing ChatGPT, has raised $6.6 billion in a major funding round, marking one of the largest investments ever made in a private company. This latest round values OpenAI at a staggering $157 billion, placing it on par with the market capitalizations of publicly traded giants such as Goldman Sachs and Uber.