The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out, CEO Aravind Srinivas said
ChatGPT-maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, making itself the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts. The company said Monday it has filed confidential paperwork with the US Securities and Exchange Commission. "We expect it to leak so we're just announcing it," the company said in a written statement. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best." OpenAI's move follows its rival Anthropic 's June 1 disclosure that it is also moving toward an initial public offering of shares. Both are now following Elon Musk's space company SpaceX, which has started an IPO roadshow pitching itself as an AI-focused space company. OpenAI CEO Sam Altman first publicly floa
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Expected listings of OpenAI, Anthropic and SpaceX are drawing Indian investor interest, though experts warn of limited access and lofty valuations
The changes are part of a broader reorganisation at OpenAI, as it shifts resources to target lucrative enterprise clients and intensify competition with rival Anthropic
The president's comments highlight how debate over how to share the potentially massive gains from the artificial intelligence boom is intensifying in Washington and around the world
OpenAI's top competitor Anthropic PBC has given $20 million to a rival super PAC, Public First Action, which advocates for tougher AI safety regulations
Demand for forward deployed engineers is soaring as enterprises and AI firms seek specialists who can bridge business needs and accelerate AI adoption
Anthropic's valuation has more than doubled from $380 billion in February, when it raised $30 billion in a funding round
OpenAI is bringing Codex to Windows with support for desktop app interactions, mobile monitoring, and remote approvals through the ChatGPT app
Fundraising by OpenAI, SpaceX and Anthropic is fuelling investor bets that the next winners of the AI boom could emerge from Asia's supply chain
The listings of SpaceX, OpenAI and Anthropic may mean a total of $70 billion in AI spending on top of the more than $750 billion already committed by the biggest hyperscalers
OpenAI says rising AI token costs are not a long-term hurdle for startups, as Indian adoption of Codex and AI workflows accelerates sharply
Alphabet Inc.'s Google contributed several billion dollars to the round as part of a previously announced commitment to invest up to $40 billion in Anthropic over time
A growing number of global companies, including HSBC, Amazon, Standard Chartered and CBA have announced some jobs within their companies were being replaced by AI
OpenAI's ChatGPT is now integrated into Microsoft PowerPoint, allowing users to create, edit, summarise, and organise presentation slides using AI prompts
Karpathy, a prominent figure in the artificial intelligence industry, previously helped lead the team behind Tesla's Autopilot system before returning to OpenAI
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