Latest News, Updates & Breaking Headlines
Microsoft is reportedly considering legal action against OpenAI over its $50 billion Amazon partnership. The dispute centers on OpenAI’s new enterprise AI platform, Frontier, and whether its cloud exclusivity terms with Microsoft have been violated. The core of the disagreement lies in the technical distinction between stateless and stateful AI, with both sides carefully wording…
SoftBank CEO Masayoshi Son has made an “all in” bet on OpenAI, ramping up investment in artificial intelligence. Just months ago, SoftBank Group, owned by Japan’s second-richest man Masayoshi Son, reportedly raced to finalise a $22.5 billion funding commitment to Sam Altman’s OpenAI by year-end. According to a report in Reuters, the company used a…
Caitlin Kalinowski, head of robotics and consumer hardware at OpenAI has now announced her resignation. Kalinowski cited concerns over the company’s recent agreement with the US Department of Defense. In a post shared on professional social media LinkedIn Kalinowski wrote that the decision to deploy OpenAI’s models on Pentagon classified networks was made too quickly…
Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion, aims to address financial pressures from a $300 billion OpenAI partnership. The company’s stock has seen a substantial decline as Wall Street scrutinizes its aggressive spending…
OpenAI VP of Research Max Schwarzer has left to join Claude-maker OpenAI. In a post on microblogging platform X (formerly Twitter), Schwarzer said that many of the people he “trusts most and respects” have joined Anthropic over the last couple of years. Max Schwarzer was an early participant in the o1 inference model and led…
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman Less than six months after announcing a $100 billion commitment to OpenAI, Nvidia seems to have walked back that pledge. OpenAI has announce a new $110 billion funding round that values the company at $840 billion or $730 billion on a pre-money basis. The round includes…
After poking fun at rival Sam Altman’s OpenAI, Anthropic is now targeting OpenAI’s biggest investor Microsoft, with a bold enterprise play. AI giant Anthropic unveiled ‘Cowork and Plugins for the Enterprise’, which is a suite of tools that embed its model Claude directly into everyday workplace applications like Excel, PowerPoint, and Slack. Instead of copying…
A massive $500 billion AI data center project, Stargate, announced with fanfare at the White House, has stalled. Internal disagreements between partners OpenAI and SoftBank, coupled with funding challenges, have halted construction and leadership development. This setback has significantly impacted Oracle’s stock and OpenAI’s compute capacity targets, highlighting the difficulties of large-scale infrastructure development. On…
OpenAI CEO Sam Altman recently compared the energy required to train advanced AI models with decades of resources needed to raise and educate a human being. Speaking at an event in India, Altman argued that while AI’s energy use is rising, it should be viewed in context noting that making a human ‘smart’ takes 20…
OpenClaw library maintainer Peter Steinberger has recently announced that he has joined the company behind popular chatbot ChatGPT, OpenAI. Steinberger has explained that he decided to accept an offer from OpenAI CEO Sam Altman over another offer from Meta CEO Mark Zuckerberg. He has decided to join OpenAI despite the fact that the other offer…
