Tag: OpenAI

OpenAI is reportedly in talks to secure $6.5 billion in funding, with SoftBank's Vision Fund planning a $500 million investment. This round, which includes Thrive Capital and Microsoft, comes during a tumultuous period for OpenAI, marked by executive departures and potential restructuring.(Reuters)
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SoftBank to invest $500 million in Sam Altman’s OpenAI: Report

Sep 30, 2024 08:23 PM IST SoftBank Vision Fund is set to invest $500 million in OpenAI, which is aiming to raise $6.5 billion. This…

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A symbol for the OpenAI virtual assistant arranged on a smartphone in Riga, Latvia, on Friday, Aug. 16, 2024.(Andrey Rudakov/Bloomberg)
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OpenAI may become a public benefit corporation: What is it and what will change?

Sep 29, 2024 04:19 PM IST A public benefit Corp is a corporate structure under Delaware law which allows a for-profit entity to also commit…

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Elon Musk has criticized OpenAI for converting to a for-profit model, claiming it misleads investors and deviates from its humanitarian goals. He previously filed a lawsuit against its leadership over these concerns.(Getty Images)
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Elon Musk slams OpenAI again over for-profit shift: ‘This is deeply wrong’

Sep 26, 2024 11:24 AM IST Elon Musk condemned OpenAI’s transition to a for-profit model, labeling it ‘wrong’. He criticized the company for allegedly misleading…

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Mira Murati, a key figure at OpenAI since 2018, announced her departure to pursue personal projects, marking a significant leadership change.(AP)
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OpenAI executives are leaving as Sam Altman company tries to raise funds: Report

Sep 26, 2024 10:53 AM IST OpenAI CTO Mira Murati and two executives have left as the company faces an exodus of leaders amidst efforts…

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OpenAI’s CTO, Mira Murati, announced her resignation through an X post that went viral. (File Photo)
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Who is Mira Murati? CTO who resigned from Microsoft-backed OpenAI | Trending

Mira Murati, OpenAI’s chief technology officer (CTO), announced her resignation from the Microsoft-backed company through an X post. She shared that she is leaving the…

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OpenAI is considering a shift to a for-profit structure, granting CEO Sam Altman a 7% equity stake. This change follows the departure of key executives and aims to align profit generation with its mission of benefiting society. No timeline has been set.(Reuters)
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OpenAI plans to convert to a for-profit company, give Sam Altman 7% stake

Sep 26, 2024 08:24 AM IST OpenAI plans to give CEO Sam Altman a 7% equity stake and transition to a for-profit model. This follows…

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FILE - Sam Altman, right, CEO of ChatGPT maker OpenAI, and Mira Murati, chief technology officer, appear at OpenAI DevDay, OpenAI's first developer conference, on Nov. 6, 2023 in San Francisco. (AP Photo/Barbara Ortutay, File)(AP)
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Open AI CTO Mira Murati, 2 others resign, CEO Sam Altman reacts | World News

Sep 26, 2024 07:26 AM IST Mira Murati in a written statement posted on X said she has made the difficult decision to leave the…

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Sam Altman shared on 'Life in Seven Songs' how psychedelics changed his perspective, turning him from an anxious person into a calm one. He emphasized a retreat in Mexico as particularly significant and mentioned his occasional psychedelic experiences at Burning Man.(Reuters)
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OpenAI’s Sam Altman says doing psychedelics in Mexico changed his life: ‘Made me calm’

Sep 25, 2024 10:21 AM IST Sam Altman, OpenAI cofounder, recounted transformative psychedelic experiences noting they helped him overcome anxiety and unhappiness. Sam Altman, OpenAI…

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A symbol for the OpenAI virtual assistant on a smartphone, arranged in Riga, Latvia, on Friday, Aug. 16, 2024. (Andrey Rudakov/Bloomberg)
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OpenAI’s new o1 model can solve 83% of International Mathematics Olympiad problems

OpenAI will launch o1, its latest artificial intelligence (AI) model in two weeks. This will mark the debut of a new class of reasoning AI…

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OpenAI logo is seen in this illustration taken on February 3. (Reuters)
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OpenAI close to releasing ‘Strawberry’ Model with reasoning capabilities

OpenAI is getting closer to releasing a new artificial intelligence model known internally as “Strawberry” that can perform some human-like reasoning tasks, according to a…

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