OpenAI is on the verge of a massive funding round. The company is negotiating with investors for $6.5 billion at a valuation of $150 billion. This is reported by Bloomberg citing insiders. OpenAI also plans to take out a $5 billion loan from banks. The new valuation significantly exceeds the previous value of 86 billion …
OpenAI currently has more than 10 million paying subscribers and 1 million customers for the higher-priced enterprise plan for ChatGPT. This is according to an email that OpenAI COO Brad Lightcap sent to employees, reports The Information. Based on this, the media outlet conservatively estimates that the startup generates $225 million in revenue per month, …
OpenAI has unveiled a new family of AI models called “o1”. It was previously known as “Project Strawberry” and had led to all kinds of speculation and high expectations. The first two versions, o1-preview and o1-mini, use a reasoning method known as “chain of thought” to solve complex tasks. This technique allows the models to …
OpenAI’s mysterious “Strawberry” project could see the light of day in the next two weeks. This is according to a report by The Information. Market observers had high expectations. However, the information that has now become public has cooled the enthusiasm considerably. According to the report, Strawberry is a pure text model and specializes in …
OpenAI is apparently delaying the release of its much-anticipated AI video model Sora. The company is currently in talks with policymakers and looking for partnerships in the entertainment industry. According to a statement to CNBC, Sora is still in the research phase. OpenAI CTO Mira Murati announced that Sora will be released this year, but …
OpenAI is developing a new way to improve the training of AI models. Until now, human reviewers have been used to check the quality of AI output. Now, an additional AI called CriticGPT will assist the humans.
A hacker broke into OpenAI’s internal communications systems last year and stole information about the development of the company’s AI technologies. Employees criticized OpenAI for a lack of security measures and feared the technology could threaten U.S. national security in the future.
OpenAI’s ChatGPT application for macOS had a security flaw: All chats were stored unencrypted on the computer. Anyone with access to the computer as well as malicious apps could have read them.
The much-hyped new “advanced voice mode” for ChatGPT has been delayed by at least a month. It should now be available in late July or early August, initially for a small group of users only.
According to a report by The Information, OpenAI is experiencing rapid growth in revenue. Annual revenue is said to have doubled in the last six months to $3.4 billion. Most of the revenue comes from subscriptions to ChatGPT and from fees paid by developers. Microsoft also pays OpenAI a portion of the revenue from the …