Microsoft reports OpenAI investment and AI-driven growth

Microsoft has revealed that its AI business is on track to surpass a $10 billion annual revenue run rate next quarter, making it the fastest business in the company’s history to reach this milestone. The company’s CEO, Satya Nadella, attributes this growth to Microsoft’s partnership with OpenAI, the creator of ChatGPT. Microsoft disclosed in its …

Read more

OpenAI develops custom AI chip with Broadcom and TSMC

OpenAI is working with Broadcom and TSMC to develop its first in-house AI chip optimized for inference, while also expanding its use of AMD GPUs alongside NVIDIA chips to meet growing infrastructure needs, according to sources cited by Reuters journalist Krystal Hu. The company considered building its own chip foundries but decided to focus on …

Read more

OpenAI generates majority of revenue from consumer subscriptions, CFO says

OpenAI generates roughly 75% of its revenue from consumer subscriptions to products like its ChatGPT chatbot, with paid plans starting at $20 per month, according to CFO Sarah Friar in an interview with Bloomberg TV. Friar said ChatGPT has 250 million weekly active users, with a 5-6% conversion rate from free to paid. While OpenAI …

Read more

OpenAI Whisper prone to hallucinations, researchers say

Researchers have discovered that Whisper, an AI-powered transcription tool used in various industries including healthcare, is prone to making up text or entire sentences, known as hallucinations. According to interviews with software engineers, developers, and academic researchers by AP, these hallucinations can include problematic content such as racial commentary, violent rhetoric, and imagined medical treatments. …

Read more

OpenAI CEO calls report on upcoming AI Orion “Fake News”

OpenAI CEO Sam Altman has responded to an exclusive report by The Verge journalists Kylie Robison and Tom Warren, which claimed that the company plans to launch a new frontier AI model codenamed Orion by December, calling it “fake news out of control” on X (formerly Twitter). The report, citing sources familiar with the plan, …

Read more

First details on OpenAI’s “Orion” AI model

OpenAI plans to release its next major AI model, called Orion, by December, The Verge has learned. Unlike previous releases, Orion will first be made available to companies to build their own products and features. The model is said to be more powerful than GPT-4, and is seen as a step toward artificial general intelligence …

Read more

New OpenAI model generates media 50 times faster

OpenAI has developed a new AI model that can generate media content such as images, videos and audio 50 times faster than previous systems. The new model, called a “continuous-time consistency model,” takes about a tenth of a second to generate an image instead of the usual five seconds, OpenAI researchers Cheng Lu and Yang …

Read more

AI grant program for local news

OpenAI and Microsoft are jointly investing $10 million in an AI project to boost local news media in the US. As Axios’ Sara Fischer reports, the project will be led by the nonprofit Lenfest Institute and will include a grant program for an initial five major urban news organizations, including Chicago Public Media, The Minnesota …

Read more

System Two Thinking: longer thinking, much better results

A new AI approach from OpenAI promises significantly better results with longer computation times compared to existing models, reports Michael Nuñez for VentureBeat. OpenAI researcher Noam Brown explained at the TED AI Conference in San Francisco that 20 seconds of AI computation time delivers the same performance boost as scaling up a model 100,000 times. …

Read more

Former OpenAI researcher talks about copyright infringement

A former OpenAI researcher accuses his previous employer of violating copyright laws in developing ChatGPT. Suchir Balaji, who left the company in August 2023, helped collect and organize internet data for the chatbot, as he reveales in interviews with the New York Times. The 25-year-old scientist is convinced that OpenAI’s use of copyrighted data was …

Read more