OpenAI valued at $157 billion after closing $6.6 billion funding round
The artificial intelligence firm was valued around $80 billion at the start of the year.
The artificial intelligence firm was valued around $80 billion at the start of the year.
OpenAI has introduced the o1 series, its most sophisticated AI models to date, which are designed to excel at complex reasoning and problem-solving tasks.
Microsoft has invested $13 billion in OpenAI, but said in a letter it felt confident over the ChatGPT maker’s future and no longer believed an observer seat on the startup’s board was necessary.
In an interview with the Financial Times, Meta’s AI chief Yann LeCun said a “world modeling” approach could reach human levels of intelligence, but cautioned this was still around a decade away.
GPT-4 is expanding its capabilities, and adding an o – meaning omni, or ‘all’ – to its name. OpenAI says GPT-4o is a step towards more natural human-computer interaction.
OpenAI is reportedly announcing the AI-powered search engine on Monday, a day before Google is expected to give updates on its Gemini AI system at its annual developer conference.
Only 8% of Australians use ChatGPT daily, much less than the global average. 78% of Australians distrust news written entirely by generative AI. We dig into the data.
Unlike major competitors including Google’s Gemini and OpenAI’s ChatGPT, Meta’s Llama 3 model is open source and the AI assistant it powers has previously been locked inside the company’s app ecosystem, which includes Facebook and Instagram.
Musk claimed OpenAI and Altman elected to use the company’s technology “to maximize profits” for Microsoft rather than for the benefit of humanity, adding that its entire line of development “is now veiled in secrecy.”
The AI company has raised billions of dollars from companies including Microsoft.