After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials – specifically its revenue and compute costs over the past couple of years. Zitron reported this week that in 2024, Microsoft received $493.8 million in …
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ChatGPT: Everything you need to know about the AI chatbot
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative …
Read More »Anthropic warns of first reported AI-driven hacking campaign linked to China
A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic said this week that it disrupted a cyber operation that its researchers linked to the Chinese government. The operation involved the use of an artificial intelligence system to direct …
Read More »OpenAI says it’s fixed ChatGPT’s em dash problem | TechCrunch
OpenAI says ChatGPT will now ditch the em dashes if you tell it to. The telltale sign that supposedly signals text written by AI has popped up everywhere in recent months, including in school papers, emails, comments, customer service chats, LinkedIn posts, online forums, ad copy, and more. The inclusion of the em dash has led people to criticize those …
Read More »ChatGPT launches pilot group chats across Japan, New Zealand, South Korea, and Taiwan | TechCrunch
OpenAI on Thursday introduced a group chat feature for ChatGPT. The feature, currently being tested in select regions including Japan, New Zealand, South Korea, and Taiwan, lets users collaborate directly within the app. The group chat is available to Free, Plus, and Team users on both mobile and web platforms. OpenAI says the pilot is designed to explore how people …
Read More »Court rules that OpenAI violated German copyright law; ordered it to pay damages | TechCrunch
A German court ruled that OpenAI’s ChatGPT violated the nation’s copyright laws by training its language models on licensed musical work without permission, multiple news outlets, including The Guardian, reported. The decision came from a lawsuit that GEMA, the society that handles music rights in Germany, filed last November against OpenAI. The company was ordered to pay an undisclosed amount of damages to GEMA, but said it disagreed with the ruling …
Read More »Ant AI model to help users forecast cash flow, forex exposure
Ant International has released an open sourced foundational AI model called Falcon to help customers forecast cash flow and foreign-exchange exposure, as one of the world’s largest fintech companies puts artificial intelligence front and centre in its priorities to spur growth. The Falcon TST model could help customers including airlines, online travel agents and e-commerce platforms forecast their cash flow …
Read More »The circular money problem at the heart of AI’s biggest deals | TechCrunch
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value or just moving money in circles. On TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and …
Read More »OpenAI asked Trump administration to expand Chips Act tax credit to cover data centers | TechCrunch
A recent letter from OpenAI reveals more details about how the company is hoping the federal government can support the company’s ambitious plans for data center construction. The letter — from OpenAI’s chief global affairs officer Chris Lehane and addressed to the White House’s director of science and technology policy Michael Kratsios — argued that the government should consider expanding …
Read More »How startups can lure good talent fairly without big tech bank accounts | TechCrunch
Startups have never been able to offer the same sizable salaries as big tech companies. Now with companies like Meta and OpenAI willing to pay million-dollar salaries amid the AI race — the compensation divide has grown even larger. Early-stage startups are not doomed though. If they develop a compensation strategy that is generous, fair, and flexible, they can offer …
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