The latest around generative AI as a whole. Stay up-to-date about current discussions and trends, new findings, and more.
The founder and former CEO of San Francisco-based AI chatbot company GameOn has been indicted on fraud charges. According to Reuters reporter Jonathan Stempel, Alexander Beckman, 41, faces 23 criminal counts for allegedly defrauding investors of over $60 million. His wife Valerie Lau Beckman, 38, was also charged with 16 counts. Prosecutors claim Beckman misled …
Meta is set to dramatically increase its AI infrastructure spending to between $60 billion and $65 billion, according to CEO Mark Zuckerberg. As reported by Meghan Bobrowsky in The Wall Street Journal, this represents a roughly 70% increase over 2024 expenditure levels. The announcement comes shortly after competing tech companies unveiled the $500 billion Stargate …
Scale AI, a company valued at $13.8 billion, is confronting three lawsuits within roughly a month over its treatment of workers. According to Charles Rollet’s report in TechCrunch, the latest class action lawsuit, filed on January 17 in California, involves six workers who claim they suffered psychological trauma from reviewing disturbing content without adequate support. …
OpenAI’s ChatGPT experienced a significant service disruption this morning, affecting both the web interface and API access. According to Kyle Wiggers from TechCrunch, the company acknowledged the problem at 5:12 a.m. Pacific time on their status page. OpenAI identified the root cause within an hour and implemented a fix by 7:09 a.m. The AI chatbot …
Google has invested an additional $1 billion in AI company Anthropic, according to a Financial Times report by George Hammond, Madhumita Murgia, and Arash Massoudi. This new investment builds on Google’s previous $2 billion commitment to the AI startup. Anthropic, known for its Claude AI models, is approaching a $60 billion valuation and is close …
OpenAI, along with SoftBank, Oracle, and MGX, has announced “The Stargate Project,” a planned $500 billion investment over four years to build AI infrastructure in the United States. The initiative, unveiled at the White House, includes an immediate deployment of $100 billion, with SoftBank taking financial responsibility and OpenAI handling operations under the chairmanship of …
OpenAI significantly expanded its lobbying efforts in 2024, spending $1.76 million compared to $260,000 in 2023. According to a disclosure filed on January 22, as reported by James O’Donnell, the company spent $510,000 in the last quarter alone. The AI company hired several key personnel, including former Senate staffers, to strengthen its government relations team. …
OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate to build artificial intelligence infrastructure in Texas, with investments of up to $500 billion over four years. According to Reuters reporter Steve Holland, President Donald Trump will announce this private sector initiative at the White House. The companies have committed an initial $100 billion …
OpenAI has been revealed as the financial backer of FrontierMath, a significant AI mathematics benchmark, only after announcing their own record-breaking performance on it. According to Matthias Bastian’s report in Decoder, OpenAI’s new o3 model achieved a 25.2 percent success rate on complex mathematical problems, far surpassing previous models’ 2 percent capability. Epoch AI, the …
AI-powered search engine Perplexity has acquired Read.cv, a professional social media platform that competed with LinkedIn. According to TechCrunch reporter Kyle Wiggers, Read.cv will cease operations, with users having until May 16 to export their data. The Berkeley-based platform, founded in 2021, offered tools for sharing resumes, professional networking, and job listings. Read.cv’s team will …