Amid the ongoing legal battle between the two sides, new details have shown that Elon Musk rejected an OpenAI initial coin offering (ICO) to launch a cryptocurrency back in 2018. Indeed, the court filings from November 14th show the result of ongoing discussions between Sam Altman, Greg Brockman, and Musk regarding how to make the…
With the artificial intelligence company announcing its newly developed platform, should Alphabet (GOOGL) and Microsoft (MSFT) be worried about the OpenAI-developed search engine? Google is undoubtedly the top search engine in the world, but could it be threatened by the emergence of an AI-focused alternative? For the last several years, companies have sought to infuse…
Binance is turning to Amazon Web Services (AWS) and its advanced generative AI tools to enhance user experience on its platform, according to an Oct. 31 statement shared with CryptoSlate. By incorporating AWS’s Cloud and Generative AI technologies, Binance aims to streamline user onboarding, strengthen customer support, and improve internal systems for automated diagnostics and…
OpenAI is filing a motion to dismiss Elon Musk’s lawsuit against the company, accusing the billionaire Tesla founder of harassment. The artificial intelligence firm says Musk is using the court system to “harass” it to boost his own competing AI company, xAI. In February 2024, Elon Musk filed a lawsuit against OpenAI, alleging that the…
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims…
After its latest funding round, emerging artificial intelligence giant OpenAi has surpassed Goldman Sachs in valuation, reaching $157 billion. The company’s valuation has nearly doubled in the last nine months alone. They recently raised $6.6 billion in its latest funding round to eclipse this milestone, with funding led by venture company Thrive Capital. Microsoft; Nvidia;…
Worldcoin (WLD), the AI-focused cryptocurrency project by OpenAI CEO Sam Altman, has seen notable market activity amid recent developments. Even though Binance recently announced the launch of Worldcoin futures, the price of WLD has stagnated near crucial resistance levels. The market response follows the cryptocurrency through a volatile time frame, including regulatory issues and a…
OpenAI plans to remove its non-profit tag and restructure the company into a for-profit, as well as give Sam Altman equity. The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, sources tell Reuters. However, the move was made to reportedly attract more investor interest. Altman’s stake in the…
September 20, 2024 at 03:45 AM GST updated: September 19, 2024 at 07:29 PM 3 mins read News Integration of AI is gradually penetrating every sector of the economy, ranging from creative software to SM networks to prove the versatility of the technology. Language models and natural language processing are still considered to be in…
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent to employees last month….
Worldcoin (WLD) saw a sharp price surge following the release of OpenAI’s new AI model, with its value spiking 16% to a high of $1.61. Despite excitement over the AI-driven price increase, concerns over Worldcoin’s tokenomics persist, with critics warning of potential WLD volatility. WLD, the native cryptocurrency of Sam Altman’s Worldcoin project, experienced a…
Your guide: How to Access OpenAI Assistant JavaScript? The release of OpenAI’s Assistants API has opened up interesting new opportunities for coders in the world of AI, which is always changing. Using advanced language models, this powerful technology lets us create new apps, bringing in a new era of smart automation and personalized user experiences….
Your guide: Does Wordtune use OpenAI? Two well-known players have surfaced in the always-changing terrain of artificial intelligence (AI) technologies for content production and writing: ChatGPT and Wordtune. Although both use sophisticated language models to help users, their applications and user experiences can be much affected by their basic distinctions. Understanding the nuances between ChatGPT…
Your guide: How Does OpenAI Make Money? Renowned artificial intelligence research firm, OpenAI, has drawn global notice with its innovative generative AI developments. From the amazing ChatGPT-3 to the adaptable DALL-E picture generator, OpenAI has constantly stretched the envelope of what’s possible in artificial intelligence. One of the main concerns, though, given that OpenAI is…
August 31, 2024 at 06:18 PM GST updated: August 31, 2024 at 10:49 AM 2 mins read News Apple and Nvidia eye OpenAI, potentially boosting its value beyond $100B as they compete to dominate the AI landscape. Apple’s rare startup investment in OpenAI underscores its strategic push to lead in the competitive AI market. Nvidia’s…
Apple is in talks to invest in OpenAI, boosting funding in the company following its partnership with the ChatGPT maker on Apple Intelligence. The leading tech giant would join a multibillion-dollar funding round alongside Microsoft and Thrive Capital, according to the Wall Street Journal. The report did not indicate how much money Apple would be…
August 29, 2024 at 08:56 PM GST 2 mins read News OpenAI is actively looking for a new funding round that could bring its valuation to about $103 billion, with Thrive Capital preparing to lead a $1 billion round. The growing demand for AI technologies, including OpenAI’s growth and Nvidia’s success, this has prompted discussion…
August 22, 2024 at 03:17 PM GST updated: August 22, 2024 at 01:36 PM 2 mins read News Fine-tuning GPT-4 empowers businesses to customize AI for specific needs, marking a shift toward AI as a service. OpenAI’s free tokens offer makes AI more accessible, letting companies tailor GPT-4 with just a few dozen training examples….