Tag: OpenAI

OpenAI valued at $80 billion after deal, NYT reports

- Times Report -

Microsoft-backed (MSFT.O), opens new tab OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing people with knowledge of the deal. The company would sell existing shares in a so-called tender offer led by venture firm Thrive

OpenAI announces Sam Altman to return as CEO

- Times Report -

OpenAI announced on Tuesday its co-founder Sam Altman will return as CEO, days after he was fired by the board. "We have reached an agreement in principle for Sam to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo," it said

OpenAI sees a future of AI ‘superpowers on demand’

- Agence France-Presse -

ChatGPT maker OpenAI on Monday moved to entice developers with lower prices and the ability to easily tailor artificial intelligence "agents" to help with anything from laundry advice to contract negotiations. Dreams of the benefits of generative AI -- along with fears of the technology's risks -- have been hot topics