Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing Rights Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four … Read more

Ousted OpenAI CEO Altman planning new AI venture, sources say

Ousted OpenAI CEO Altman planning new AI venture, sources say

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more

EU AI Act to serve as blueprint for global rules, Benifei says

EU AI Act to serve as blueprint for global rules, Benifei says

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 8 (Reuters) – European Union lawmaker Brando Benifei, one of the architects of the bloc’s artificial intelligence rules, said on Wednesday that he expects the EU AI Act will serve as a … Read more

Musk’s xAI set to launch first AI model to select group

Musk’s xAI set to launch first AI model to select group

Tesla and SpaceX’s CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/Pool via REUTERS Acquire Licensing Rights Nov 3 (Reuters) – Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire … Read more

Meta’s new AI assistant trained on public Facebook and Instagram posts

Meta’s new AI assistant trained on public Facebook and Instagram posts

[1/4]Meta CEO Mark Zuckerberg delivers a speech, as the letters AI for artificial intelligence appear on screen, at the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights MENLO PARK, California, Sept 28 (Reuters) – Meta Platforms (META.O) used public Facebook and Instagram … Read more

AI startup AlphaSense valued at $2.5 bln after latest funding round

AI startup AlphaSense valued at $2.5 bln after latest funding round

Sept 28 (Reuters) – Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand for artificial intelligence (AI) startups. The series E financing round was led by technology investment firm BOND and joined by existing investors including Alphabet’s (GOOGL.O) CapitalG, Viking … Read more

OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources

OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources

Sept 26 (Reuters) – OpenAI, the artificial intelligence startup behind ChatGPT, is talking to investors about a possible sale of existing shares at a much higher valuation from a few months ago, according to two sources familiar with the matter. The proposed deal could value Microsoft-backed (MSFT.O) OpenAI at between $80 billion to $90 billion, … Read more

Intel pitches the ‘AI PC’ at software developer event

Intel pitches the ‘AI PC’ at software developer event

[1/2]The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights SAN JOSE, California, Sept 19 (Reuters) – A new Intel (INTC.O) chip due in December will be able to run a generative … Read more

Google nears release of AI software Gemini, The Information reports

Google nears release of AI software Gemini, The Information reports

A logo is pictured at Google’s European Engineering Center in Zurich, Switzerland July 19, 2018 REUTERS/Arnd Wiegmann/File Photo/File Photo Acquire Licensing Rights Sept 14 (Reuters) – Alphabet’s (GOOGL.O) Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported on Thursday, citing people … Read more

Oracle sees revenue below estimates as cloud spending sputters

Oracle sees revenue below estimates as cloud spending sputters

A screen displays the logo and trading information for Oracle Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Sept 11 (Reuters) – Oracle (ORCL.N) projected current-quarter revenue below Wall Street targets on Monday and narrowly missed expectations for the … Read more