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Microsoft's OpenAI investment could trigger EU merger review

Microsoft's OpenAI investment could trigger EU merger review

Tue, Jan 09, 2024

The European Commission said it's “checking whether Microsoft's investment in OpenAI might be reviewable” under regulations covering mergers and acquisitions that would harm competition in the 27-nation EU.

Microsoft, OpenAI tie-up comes under antitrust scrutiny

Microsoft, OpenAI tie-up comes under antitrust scrutiny

Sun, Dec 10, 2023

The CMA is reviewing whether to launch a probe into Microsoft's investment to see if it could hurt UK competition.

OpenAI postpones GPT store launch to 2024

OpenAI postpones GPT store launch to 2024

Sat, Dec 02, 2023

Microsoft is a major investor in OpenAI, with a 49 per cent stake in the for-profit entity that the nonprofit board controls,The GPT store will be a marketplace where users of OpenAI's GPT builders can sell and share the GPTs they've created.

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Microsoft to take non-voting, observer position on OpenAI's board

Microsoft to take non-voting, observer position on OpenAI's board

Thu, Nov 30, 2023

OpenAI ousted Altman on November 17 without any detailed cause, setting off alarm bells among investors and employees. He was reinstated four days later with the promise of a new board.

OpenAI researchers warned board of AI breakthrough ahead of CEO ouster: Report

OpenAI researchers warned board of AI breakthrough ahead of CEO ouster: Report

Thu, Nov 23, 2023

The researchers who wrote the letter did not immediately respond to requests for comment.

Sam Altman to return as OpenAI CEO

Sam Altman to return as OpenAI CEO

Wed, Nov 22, 2023

OpenAI on Monday named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft.

OpenAI investors considering suing the board after CEO's abrupt firing: Report

OpenAI investors considering suing the board after CEO's abrupt firing: Report

Tue, Nov 21, 2023

OpenAI's board fired Altman on Friday after a "breakdown of communications," according to an internal memo seen by Reuters.

OpenAI appoints ex-Twitch boss as interim CEO; Altman joins Microsoft

OpenAI appoints ex-Twitch boss as interim CEO; Altman joins Microsoft

Mon, Nov 20, 2023

Some researchers including Szymon Sidor have also left the company following the CEO change, two people familiar with the matter said.

Sam Altman won't return as OpenAI CEO as deal falls apart: Report

Sam Altman won't return as OpenAI CEO as deal falls apart: Report

Mon, Nov 20, 2023

The hiring of Shear appears to close the door on Altman's exit after he was fired on Friday when the board said he had not been “consistently candid in his communications.”

Open AI pushes out co-founder and CEO Sam Altman, says he wasn't 'consistently candid'

Open AI pushes out co-founder and CEO Sam Altman, says he wasn't 'consistently candid'

Sat, Nov 18, 2023

The board of ChatGPT-maker Open AI said it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.

OpenAI's Astounding Salary: Poaching Top Talent From Google And Meta With Rs 83 Crore Paychecks

OpenAI's Astounding Salary: Poaching Top Talent From Google And Meta With Rs 83 Crore Paychecks

Fri, Nov 17, 2023

OpenAI, the company behind ChatGPT, is shaking up the tech industry with its astronomical salaries. In a move that's sure to make heads turn, OpenAI is offering top researchers and tech experts a whopping Rs 83 crore per annum! This unprecedented offer is designed to attract the best and brightest minds from rival tech giants like Google and Meta.

Amazon sets new team to trains ambitious AI model codenamed 'Olympus' -sources

Amazon sets new team to trains ambitious AI model codenamed 'Olympus' -sources

Wed, Nov 08, 2023

Amazon believes having homegrown models could make its offerings more attractive on AWS, where enterprise clients want to access top-performing models, sources said.

OpenAI's ChatGPT downloads, app revenue continue to grow: Report

OpenAI's ChatGPT downloads, app revenue continue to grow: Report

Tue, Oct 31, 2023

ChatGPT's downloads and revenue continue to grow and OpenAI's AI chatbot reached 23 million downloads (as of September).

Over 18K firms use Azure OpenAI service, paid Copilot users reach 1 million: Satya Nadella

Over 18K firms use Azure OpenAI service, paid Copilot users reach 1 million: Satya Nadella

Wed, Oct 25, 2023

More than 18,000 organisations now use Azure OpenAI service, including new customers and the company is expanding its reach with digital-first companies with OpenAI APIs, Microsoft Chairman and CEO Satya Nadella has said.

OpenAI's Sam Altman invests in Indian startup Induced AI

OpenAI's Sam Altman invests in Indian startup Induced AI

Wed, Oct 04, 2023

The startup Induced AI, founded this year, has raised $2.3 million in its seed-funding round led by Altman and VC firm Peak XV, along with “an incredible set of investors”.

ChatGPT users can now browse internet: OpenAI

ChatGPT users can now browse internet: OpenAI

Thu, Sep 28, 2023

The startup also announced a major update earlier this week that would enable ChatGPT to have voice conversations with users and interact with them using images.

Having productive conversations with authors: OpenAI on new lawsuit

Having productive conversations with authors: OpenAI on new lawsuit

Fri, Sep 22, 2023

Sam Altman-run OpenAI has said it is "having productive conversations" with creators around the world, including the Authors' Guild, as more prominent authors sued the ChatGPT developer for copyright infringement.

OpenAI launches upgraded version of text-to-image tool 'DALL·E 3'

OpenAI launches upgraded version of text-to-image tool 'DALL·E 3'

Thu, Sep 21, 2023

Microsoft-owned OpenAI has launched an upgraded version of its text-to-image tool -- DALL·E 3--, that uses AI chatbot ChatGPT.

How Meta's New AI System Will Rival OpenAI's Most Advanced Model

How Meta's New AI System Will Rival OpenAI's Most Advanced Model

Mon, Sep 11, 2023

Meta is working on a new AI system that aims to rival OpenAI's most advanced model. The new AI system is expected to be unveiled next year and will be more powerful than Meta's current commercial offering, Llama 2. It will be able to generate sophisticated text, in-depth analysis, and other types of outputs.

ChatGPT-maker OpenAI to host its 1st developer conference on November 6

ChatGPT-maker OpenAI to host its 1st developer conference on November 6

Thu, Sep 07, 2023

The event will bring hundreds of developers from around the world together with the team at OpenAI to preview new tools and exchange ideas.

OpenAI launches ChatGPT Enterprise plan for businesses

OpenAI launches ChatGPT Enterprise plan for businesses

Tue, Aug 29, 2023

Microsoft-owned OpenAI has launched a business-focused edition of the company's AI-powered chatbot app, ChatGPT Enterprise, which will offer enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customisation options, and much more.

OpenAI adds fine-tuning on GPT-3.5 Turbo

OpenAI adds fine-tuning on GPT-3.5 Turbo

Wed, Aug 23, 2023

According to early tests, a fine-tuned version of GPT-3.5 Turbo can match, or even outperform, base GPT-4-level capabilities on certain narrow tasks.

OpenAI acquires digital product company Global Illumination

OpenAI acquires digital product company Global Illumination

Thu, Aug 17, 2023

Global Illumination is a New York-based company that has been leveraging artificial intelligence (AI) to build creative tools, infrastructure and digital experiences.

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