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Tech News

OpenAI offers the US government a 5% ownership stake

Sam Altman reportedly wants to hand the US government a stake in OpenAI worth tens of billions, and he wants Silicon Valley's other giants to do the same.

Tech News

'Bruising' film on OpenAI picked up by indie studio after Amazon snub

Neon has bought Luca Guadagnino's unflinching drama about Sam Altman, weeks after Amazon walked away from the nearly finished film following its $50 billion tie-up with OpenAI.

Markets

Investors look beyond the 'Magnificent 7' and embrace the 'FAB 10'

SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

Business

US states subpoena OpenAI over ChatGPT safety amid IPO push

A coalition of US state chief legal officers issued OpenAI a sweeping subpoena over the safety of people using ChatGPT, landing just as the company moves towards its initial public offering.

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Tech News

Anthropic's Fable 5 worth the price? OpenAI may soon become cheaper

Is Anthropic's Fable 5 worth the price? OpenAI might soon offer a cheaper alternative

Business

ChatGPT maker OpenAI files for IPO as AI rivals race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

Tech News

Public ownership of AI? US officials eye stake in tech revolution

From Washington to Brussels, the fight over who controls artificial intelligence is reaching a turning point, and history suggests the public has always had to wrestle essential technology from completely private control.

Markets

Can the market handle SpaceX, OpenAI and Anthropic all at once?

Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.

Markets

Five things to know about Anthropic's stock market debut plans

Anthropic appears to have gained an early lead over OpenAI in the race to go public. Its IPO filing signals that one of the industry's biggest players could become the first major generative AI company to reach public markets.

Business

Anthropic becomes the world's top AI start-up with $1tr valuation

Artificial intelligence company Anthropic raised $65 billion in private funding, boosting its valuation to $965 billion and overtaking OpenAI's last reported valuation of $730 billion as the two firms compete for dominance in the AI sector.

Business

5 things to know about OpenAI’s potentially record-breaking IPO plans

The maker of ChatGPT is preparing to go public in what could be the largest stock market debut in history — if SpaceX does not get there first.

Business

Million-dollar salaries: Top AI talent tech giants are fighting over

As Big Tech and a whole cohort of new-generation AI start-ups race towards artificial general intelligence (AGI), elite researchers and engineering leaders have become the equivalent of franchise athletes.

Tech News

Elon Musk loses OpenAI case after he waited too long to sue

Musk left OpenAI’s board in 2018 after clashing with Altman. A year earlier, he reportedly made a failed bid to get more control over the company.

Tech News

Malta gives citizens a paid version of ChatGPT Plus for free

Citizens and residents registered with Malta’s online identity system can apply to get access to ChatGPT Plus after completing a free online course.

Tech News

What did Sam Altman say at the Elon Musk OpenAI trial

OpenAI CEO Sam Altman testified that he felt Elon Musk "abandoned" his company and put them in "a very difficult place," as they both vied for control.

Tech News

AI models can break into computers and copy themselves, research finds

Scientists who observed AI chatbots copying themselves and launching hacking attacks in an experiment say ‘autonomous AI self-replication is no longer hypothetical’.

Tech News

Tech giants agree to US government AI testing programme

The US Centre for AI Standards and Innovation will evaluate models for cybersecurity, biosecurity and chemical weapons-related risks before they are released to the public.

Tech News

‘Not OK to steal a charity’: Elon Musk testifies in OpenAI trial

In his opening statement, Musk’s lawyer, Steven Molo, said Altman and Brockman, with Microsoft’s help, had taken control of a charity “whose mission was the safe, open development of artificial intelligence”. Musk is seeking damages and Altman’s removal from OpenAI’s board.

Work

Nearly half of London jobs at risk of AI disruption, report

According to a new report by the Mayor of London's office, nearly half of the UK capital's workers could see their jobs transformed by generative AI.

Tech News

OpenAI just changed its principles. Here’s what’s changing

What has changed in almost a decade of OpenAI’s mission? Here’s a look at the company’s new ‘principles’ document.