OpenAI built its reputation on ChatGPT, the chatbot that introduced millions of people to generative AI. But a series of product failures, cancelled deals, and a shifting competitive landscape are raising questions about whether the company can hold on to its lead. The most visible sign of trouble came when OpenAI abruptly shut down Sora, …
The leaders of the two most powerful AI companies in the world are locked in a bitter personal and professional rivalry that is influencing how artificial intelligence develops globally. Keach Hagey reports for The Wall Street Journal that the conflict between OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei stretches back nearly a decade …
OpenAI has closed a funding round totaling $122 billion, giving the company a post-money valuation of $852 billion. The round is the largest in Silicon Valley history, according to the Wall Street Journal. Amazon, Nvidia, and SoftBank anchored the deal with $110 billion in combined commitments. The remaining $12 billion came from a broader group …
OpenAI is discontinuing its Sora video platform app as part of a broader strategic shift toward business and coding tools. Berber Jin reports for the Wall Street Journal that CEO Sam Altman announced the changes to staff, saying the company would wind down all products built on its video models. The shutdown affects the consumer-facing …
OpenAI has released two new AI models, GPT-5.4 mini and GPT-5.4 nano. As the names suggest: Both are smaller and faster versions of the company’s flagship GPT-5.4 model, designed for high-volume tasks where speed and cost matter. According to OpenAI, GPT-5.4 mini runs more than twice as fast as its predecessor, GPT-5 mini, and shows …
OpenAI has released GPT‑5.4, a new AI model designed for professional tasks such as coding, document creation, spreadsheet analysis, and multi‑step workflows. The company positions the model as its most capable system for knowledge work and software development so far. The model is available across ChatGPT, the OpenAI API, and the company’s coding tool Codex. …
OpenAI has released GPT-5.3 Instant, an update to the default model powering ChatGPT. The company says the update reduces hallucinations, cuts down on refusals, and delivers a less defensive conversational tone. It is available to all ChatGPT users and to developers via the API under the name gpt-5.3-chat-latest. OpenAI measured hallucination improvements using two internal …
OpenAI has closed a $110 billion funding round, valuing the company at $730 billion. Amazon contributed $50 billion, Nvidia $30 billion, and SoftBank $30 billion. Additional investors are expected to join. The round is the largest private financing in history, surpassing OpenAI’s own $40 billion round from the previous year. Amazon’s $50 billion commitment begins …
OpenAI is nearing the close of a landmark funding round expected to exceed $100 billion, which would set a new record for startup financing. Bloomberg reports that the deal could push OpenAI’s total valuation beyond $850 billion, up from an earlier estimate of $830 billion. The company’s pre-money valuation stands at $730 billion. The first …
OpenAI has removed the word “safely” from its mission statement, a change documented in its 2024 tax filing with the Internal Revenue Service. The deletion coincides with the company’s transformation from a nonprofit organization into a for-profit business. The original mission statement from 2022 and 2023 read: “to build general-purpose artificial intelligence (AI) that safely …