A US court victory against Elon Musk has removed one obstacle for OpenAI's IPO ambitions, but rising competition, copyright cases and safety concerns continue to mount
After prevailing in its court fight with Elon Musk, OpenAI - the ChatGPT maker valued at $852 billion - remains on track for what could be one of the largest initial public offerings in history. Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes to the company. But with testimony from witnesses who called Altman dishonest, he's hardly emerged unscathed. At a time of growing concern about artificial intelligence's impacts, the landmark trial also shed new light on the flaws and outsize ambitions of the small number of billionaires steering the development of the breakthrough technology. The trial was a reminder, said Sarah Kreps, director of Cornell University's Tech Policy Institute, "of how much the future of AI still depends on a remarkably small group of powerful tech figures and their personal rivalries". "The trial highlighted not just a dispute between Musk and Altman, but a broader disconnect between the people building thes
A federal court on Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence's development for the good of humanity. Musk, the world's richest man, was a co-founder of OpenAI, which launched in 2015 and went on to create ChatGPT. After investing $38 million in its first years, Musk accused OpenAI CEO Sam Altman and his top deputy of shifting into a moneymaking mode behind his back. The nine-person jury found that Musk waited too long to file his lawsuit and missed the deadline for the statute of limitations. The jury had deliberated only two hours. The jury served in an advisory role, but Judge Yvonne Gonzalez Rogers accepted the verdict Monday as the court's own and dismissed Musk's claims. The three-week trial in Oakland, California shed light on the bitter falling-out between the two Silicon Valley titans and the beginnings of OpenAI, no
In 2024, Apple announced integration of its "Apple Intelligence" technology across its apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices
OpenAI has started rolling out Codex inside the ChatGPT mobile app, allowing users to monitor, approve, and manage AI coding tasks remotely from iPhones and Android phones
OpenAI has said the organization is stronger as a for-profit entity, including the nonprofit that is now a shareholder of the corporation, and that Musk simply wanted control
That could include sending the iPhone maker a notice alleging breach of contract without necessarily filing a full lawsuit at the outset, according to the people
Fractal co-founder Srikanth Velamakanni said the company expects to benefit as OpenAI and Anthropic accelerate efforts to embed AI tools across enterprise workflows
OpenAI says its new Daybreak platform can help automate vulnerability detection, patch validation, and threat analysis as AI-driven cybersecurity tools become more advanced
Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50
The testimony comes in 3rd week of a trial that could determine the future of OpenAI, which has been raising billions of dollars from investors to build its computing power ahead of potential IPO
OpenAI has introduced a 'Trusted Contact' feature in ChatGPT that can alert a chosen person if conversations suggest serious self-harm or emotional distress
OpenAI and Anthropic's PE-backed AI services push could challenge traditional IT firms as model companies move closer to enterprise workflows and execution layers
The trial, which just finished its second week, is revisiting OpenAI's arc from scrappy startup founded in 2015 to benefit humanity to behemoth now valued at almost $1 trillion
As AI companies move closer to enterprise clients, the shift could disrupt the existing IT models and force firms like TCS and Infosys to adapt faster
OpenAI's first AI smartphone may enter mass production in 2027, with reports suggesting it could use a customised MediaTek chip and focus on agent-based, task-driven interactions
OpenAI has raised more than $4 billion from investors, including TPG Inc., Brookfield Asset Management, Advent and Bain Capital, for a firm focused on helping businesses leverage its AI software
Greg Brockman, OpenAI's president and CEO Sam Altman's top lieutenant, disclosed in court Monday that his stake in the artificial intelligence company is worth nearly USD 30 billion. Brockman, who also said he did not personally invest any money in OpenAI, was testifying Monday in the trial that centres on the company's 2015 founding as a nonprofit startup primarily funded by Elon Musk before evolving into a capitalistic venture now valued at USD 852 billion. Brockman's disclosure would put him on the Forbes list of the world's richest people, with wealth comparable to Melinda French Gates. The civil lawsuit accuses Altman and Brockman of double-crossing Musk by straying from the San Francisco company's founding mission to be an altruistic steward of a revolutionary technology. The lawsuit alleges they shifted into a moneymaking mode behind Musk's back. Late Sunday, OpenAI lawyers tried to admit as evidence a text message Musk sent to Brockman two days before the trial began. ...
Elon Musk and Sam Altman once co-founded OpenAI. Now, they are fighting in court over what the company was supposed to become. With $134 billion in damages, OpenAI’s future structure under scrutiny
After a rise in quirky creature metaphors in ChatGPT responses, OpenAI has fixed the issue by removing the training incentives that encouraged such language across model versions