A former Indian-American employee of OpenAI, the parent company of ChatGPT, was recently found dead at his apartment in San Francisco after accusing the AI giant of violating copyright law. The Office of the Chief Medical Examiner (OCME) identified the deceased as 26-year-old Suchir Balaji. “The manner of death has been determined as suicide. The OCME has notified the next-of-kin and has no further comments or reports for publication at this time,” the OCME said in a statement to the media.

OpenAI responded to Balaji’s death by saying it was ‘devastated’. “We are devastated to learn of this incredibly sad news today and our hearts go out to Suchir's loved ones during this difficult time,” a spokesperson of the company was quoted as saying by TechCrunch.

Local authorities, including the police department and medics, found no evidence of foul play and are treating the case as suicide.

Also read:&nbsp;<a data-ved="2ahUKEwiMn5zoqaaKAxW-xjgGHfFWI7sQxfQBKAB6BAgIEAE" href="https://www.wionews.com/technology/openai-releases-an-ai-video-generation-tool-its-called-sora-782957" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/technology/openai-releases-an-ai-video-generation-tool-its-called-sora-782957&amp;ved=2ahUKEwiMn5zoqaaKAxW-xjgGHfFWI7sQxfQBKAB6BAgIEAE">OpenAI releases its AI video-generation tool Sora to everyone in US</a>

Who was&nbsp;Suchir Balaji?

Balaji studied computer science at the University of California, Berkeley, and then went on to working for OpenAI.&nbsp;

While in college, Balaji is understood to have interned at OpenAI and Scale AI.

During his early days at OpenAI, Balaji worked on WebGPT, and later went on to work on the pretraining team for GPT-4, reasoning team with o1, and post-training for ChatGPT, his LinkedIn states.

Notably, Balaji left OpenAI in August this year, ending his four-year stint at the AI giant. In October, he said in an interview that he won’t work for technologies that bring more harm than benefit to society. “I no longer wanted to contribute to technologies that I believe would bring society more harm than benefit,” Balaji told the New York Times. “If you believe what I believe, you have to just leave the company,” Balaji added.

Also read:&nbsp;<a data-ved="2ahUKEwiMn5zoqaaKAxW-xjgGHfFWI7sQxfQBKAB6BAgLEAE" href="https://www.wionews.com/business-economy/jeff-bezos-openai-back-robot-startup-physical-intelligence-at-24-billion-valuation-773356" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/business-economy/jeff-bezos-openai-back-robot-startup-physical-intelligence-at-24-billion-valuation-773356&amp;ved=2ahUKEwiMn5zoqaaKAxW-xjgGHfFWI7sQxfQBKAB6BAgLEAE">Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation</a>

Balaji was also reportedly named in a court filing submitted against OpenAI over alleged copyright violation. Several firms, including Microsoft, its biggest investor, and newspapers have sued OpenAI over breaking copyright laws.

US billionaire Elon Musk has also reacted to Balaji’s death on X.

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OpenAI faced several lawsuits from writers, programmers and journalists in 2022 who accused OpenAI of unlawfully using their content to train its AI model. Balaji also said in his interview that ChatGPT would negatively impact businesses and entrepreneurs whose information was utilised to train ChatGPT.

(With inputs from agencies)

A former Indian-American employee of OpenAI, the parent company of ChatGPT, was recently found dead at his apartment in San Francisco after accusing the AI giant of violating copyright law.

A former Indian-American employee of OpenAI, the parent company of ChatGPT, was recently found dead at his apartment in San Francisco after accusing the AI giant of violating copyright law. The Office of the Chief Medical Examiner (OCME) identified the deceased as 26-year-old Suchir Balaji. “The manner of death has been determined as suicide. The OCME has notified the next-of-kin and has no further comments or reports for publication at this time,” the OCME said in a statement to the media. OpenAI responded to Balaji’s death by saying it was ‘devastated’. “We are devastated to learn of this incredibly sad news today and our hearts go out to Suchir's loved ones during this difficult time,” a spokesperson of the company was quoted as saying by TechCrunch. Local authorities, including the police department and medics, found no evidence of foul play and are treating the case as suicide. Also read: OpenAI releases its AI video-generation tool Sora to everyone in US Who was Suchir Balaji? Balaji studied computer science at the University of California, Berkeley, and then went on to working for OpenAI. While in college, Balaji is understood to have interned at OpenAI and Scale AI. During his early days at OpenAI, Balaji worked on WebGPT, and later went on to work on the pretraining team for GPT-4, reasoning team with o1, and post-training for ChatGPT, his LinkedIn states. Notably, Balaji left OpenAI in August this year, ending his four-year stint at the AI giant. In October, he said in an interview that he won’t work for technologies that bring more harm than benefit to society. “I no longer wanted to contribute to technologies that I believe would bring society more harm than benefit,” Balaji told the New York Times. “If you believe what I believe, you have to just leave the company,” Balaji added. Also read: Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation Balaji was also reportedly named in a court filing submitted against OpenAI over alleged copyright violation. Several firms, including Microsoft, its biggest investor, and newspapers have sued OpenAI over breaking copyright laws. US billionaire Elon Musk has also reacted to Balaji’s death on X. Hmm https://t.co/HsElym3uLV — Elon Musk (@elonmusk) December 14, 2024 × OpenAI faced several lawsuits from writers, programmers and journalists in 2022 who accused OpenAI of unlawfully using their content to train its AI model. Balaji also said in his interview that ChatGPT would negatively impact businesses and entrepreneurs whose information was utilised to train ChatGPT. (With inputs from agencies)

Who was Suchir Balaji, whistleblower found dead after accusing OpenAI of copyright violation?

People in the United States can now use an artificial intelligence video generator of OpenAI called Sora, which was made publicly available on Monday (Dec 9).

In February, OpenAI first presented Sora but at that time it was accessible to only select filmmakers, artists and safety testers.&nbsp;

After the announcement of Sora on Monday (Dec 9), the website of OpenAI did not allow new sign-ups because of heavy traffic.

<h2>What is Sora?</h2>

Sora is a text-to-video generator tool which is capable of creating AI video clips on the basis of the written prompts of a user.

For example, the website of OpenAI had the prompt of “a wide, serene shot of a family of woolly mammoths in an open desert”.

The video generated from this prompt showed a group of three extinct creatures who were walking slowly through sand dunes.

Also Read:&nbsp;<a href="https://www.wionews.com/business-economy/jeff-bezos-openai-back-robot-startup-physical-intelligence-at-24-billion-valuation-773356">Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation</a>

“We hope this early version of Sora will enable people everywhere to explore new forms of creativity, tell their stories, and push the boundaries of what’s possible with video storytelling,” wrote OpenAI in a blog post.

OpenAI is famous for creating the popular chatbot ChatGPT but also has its branches in other forms of generative AI.&nbsp;

The platform works on a voice-cloning tool and has integrated the image generation tool Dall-E into the functions of ChatGPT. The AI market is being led by this Microsoft-backed company and it is now valued at around $160 billion.

Tech reviewer Marques Brownlee was allowed to test the tool by OpenAI ahead of Sora’s release. He stated that the results were “horrifying and inspiring at the same time”.

<h2>Redditers discuss the launch of OpenAI</h2>

In October, Reddit users&nbsp;asked OpenAI executives about the release date of Sora and asked whether the launch was being delayed “due to the amount of compute/time required for inference or due to safety.”&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/technology/openai-takes-on-googles-search-engine-by-adding-new-search-function-to-chatgpt-772505">OpenAI takes on Google's search engine by adding new search function to ChatGPT</a>

OpenAI’s product chief Kevin Weil in his response&nbsp;said, “Need to perfect the model, need to get safety/impersonation/other things right, and need to scale compute!”

“We obviously have a big target on our back as OpenAI,”&nbsp;Rohan Sahai, OpenAI’s Sora product lead, said on the live stream, and added&nbsp;that illegal use of the technology needs to be prevented by the company. “But we also want to balance that with creative expression," he said.&nbsp;

(With inputs from agencies)

People in the United States can now use an artificial intelligence video generator of OpenAI called Sora, which was made publicly available on Monday (Dec 9). In February, OpenAI first presented Sora but at that time it was accessible to only select filmmakers, artists and safety testers.

People in the United States can now use an artificial intelligence video generator of OpenAI called Sora, which was made publicly available on Monday (Dec 9). In February, OpenAI first presented Sora but at that time it was accessible to only select filmmakers, artists and safety testers. After the announcement of Sora on Monday (Dec 9), the website of OpenAI did not allow new sign-ups because of heavy traffic. What is Sora? Sora is a text-to-video generator tool which is capable of creating AI video clips on the basis of the written prompts of a user. For example, the website of OpenAI had the prompt of “a wide, serene shot of a family of woolly mammoths in an open desert”. The video generated from this prompt showed a group of three extinct creatures who were walking slowly through sand dunes. Also Read: Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation “We hope this early version of Sora will enable people everywhere to explore new forms of creativity, tell their stories, and push the boundaries of what’s possible with video storytelling,” wrote OpenAI in a blog post. OpenAI is famous for creating the popular chatbot ChatGPT but also has its branches in other forms of generative AI. The platform works on a voice-cloning tool and has integrated the image generation tool Dall-E into the functions of ChatGPT. The AI market is being led by this Microsoft-backed company and it is now valued at around $160 billion. Tech reviewer Marques Brownlee was allowed to test the tool by OpenAI ahead of Sora’s release. He stated that the results were “horrifying and inspiring at the same time”. Redditers discuss the launch of OpenAI In October, Reddit users asked OpenAI executives about the release date of Sora and asked whether the launch was being delayed “due to the amount of compute/time required for inference or due to safety.” Also Read: OpenAI takes on Google's search engine by adding new search function to ChatGPT OpenAI’s product chief Kevin Weil in his response said, “Need to perfect the model, need to get safety/impersonation/other things right, and need to scale compute!” “We obviously have a big target on our back as OpenAI,” Rohan Sahai, OpenAI’s Sora product lead, said on the live stream, and added that illegal use of the technology needs to be prevented by the company. “But we also want to balance that with creative expression," he said. (With inputs from agencies)

OpenAI releases its AI video-generation tool Sora to everyone in US

San Francisco-based robotics startup Physical Intelligence has secured $400 million in funding, reaching a post-money valuation of $2.4 billion, the company confirmed on November 4 according to a detailed report by CNBC.

The round was led by a prominent group of investors, including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Khosla Ventures and Sequoia Capital also participated, marking a significant boost for the startup's ambitious vision the CNBC report detailed further.

This new funding round is a dramatic leap from Physical Intelligence's previous seed round in March, when the company raised $70 million at a valuation of $400 million. The startup’s impressive growth and increasing valuation reflect the growing interest in developing robotics powered by advanced AI, particularly in the realm of general-purpose, task-oriented robots.

Objective of Physical Intelligence<o:p></o:p>

Physical Intelligence aims to bring "general-purpose AI into the physical world" by developing AI models and algorithms capable of powering versatile robots. The company's team includes experts with backgrounds from top tech firms such as Tesla, Google DeepMind, and X (formerly Twitter), adding significant credibility to its mission.

Further, over the past eight months, Physical Intelligence has focused on creating a "general-purpose" AI model that can enable robots to perform a variety of tasks. The company sees this as a crucial step toward its long-term goal of achieving artificial general intelligence (AGI), AI that can match or exceed human cognitive abilities across a wide range of activities.

The company's vision is that, in the future, users will be able to ask robots to perform any task in much the same way they currently interact with large language models (LLMs) like ChatGPT. Physical Intelligence has already demonstrated how its technology could enable robots to perform everyday tasks such as doing laundry, clearing tables, or assembling boxes, tasks that typically require human ability, decision-making, and adaptability.

The investment news arrives shortly after OpenAI's recent updates to its ChatGPT platform, which introduced a search feature aimed at better competing with major search engines like Google and Microsoft's Bing. The move signals a continued push by OpenAI to expand its reach beyond chatbots and into broader AI applications. Last month, OpenAI closed another funding round, which valued the company at a staggering $157 billion.

Physical Intelligence's growth mirrors this trend, positioning the startup as a potential key player in the robotics and AI sectors. The company’s focus on developing scalable AI solutions for robots aligns with the growing interest in automation and AI-driven technologies across industries, from manufacturing to personal assistants.

The fresh capital and high-profile backing suggest that Physical Intelligence could be on track to revolutionize how robots integrate into everyday life, bringing us closer to a future where robots perform complex tasks seamlessly alongside humans. As the field of AI-driven robotics evolves, the company's advancements could play a crucial role in shaping the next generation of intelligent machines.

San Francisco-based robotics startup Physical Intelligence has secured $400 million in funding, reaching a post-money valuation of $2.4 billion, the company confirmed on November 4 according to a detailed report by CNBC.

San Francisco-based robotics startup Physical Intelligence has secured $400 million in funding, reaching a post-money valuation of $2.4 billion, the company confirmed on November 4 according to a detailed report by CNBC. The round was led by a prominent group of investors, including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Khosla Ventures and Sequoia Capital also participated, marking a significant boost for the startup's ambitious vision the CNBC report detailed further. This new funding round is a dramatic leap from Physical Intelligence's previous seed round in March, when the company raised $70 million at a valuation of $400 million. The startup’s impressive growth and increasing valuation reflect the growing interest in developing robotics powered by advanced AI, particularly in the realm of general-purpose, task-oriented robots. Objective of Physical Intelligence Physical Intelligence aims to bring "general-purpose AI into the physical world" by developing AI models and algorithms capable of powering versatile robots. The company's team includes experts with backgrounds from top tech firms such as Tesla, Google DeepMind, and X (formerly Twitter), adding significant credibility to its mission. Further, over the past eight months, Physical Intelligence has focused on creating a "general-purpose" AI model that can enable robots to perform a variety of tasks. The company sees this as a crucial step toward its long-term goal of achieving artificial general intelligence (AGI), AI that can match or exceed human cognitive abilities across a wide range of activities. The company's vision is that, in the future, users will be able to ask robots to perform any task in much the same way they currently interact with large language models (LLMs) like ChatGPT. Physical Intelligence has already demonstrated how its technology could enable robots to perform everyday tasks such as doing laundry, clearing tables, or assembling boxes, tasks that typically require human ability, decision-making, and adaptability. The investment news arrives shortly after OpenAI's recent updates to its ChatGPT platform, which introduced a search feature aimed at better competing with major search engines like Google and Microsoft's Bing. The move signals a continued push by OpenAI to expand its reach beyond chatbots and into broader AI applications. Last month, OpenAI closed another funding round, which valued the company at a staggering $157 billion. Physical Intelligence's growth mirrors this trend, positioning the startup as a potential key player in the robotics and AI sectors. The company’s focus on developing scalable AI solutions for robots aligns with the growing interest in automation and AI-driven technologies across industries, from manufacturing to personal assistants. The fresh capital and high-profile backing suggest that Physical Intelligence could be on track to revolutionize how robots integrate into everyday life, bringing us closer to a future where robots perform complex tasks seamlessly alongside humans. As the field of AI-driven robotics evolves, the company's advancements could play a crucial role in shaping the next generation of intelligent machines.

Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation

OpenAI on Thursday (Oct 31) added a new search function to its popular language model ChatGPT, opting to integrate the feature into the chatbot instead of launching a separate product.

OpenAI on Thursday (Oct 31) added a new search function to its popular language model ChatGPT, opting to integrate the feature into the chatbot instead of launching a separate product. This new search function, called ChatGPT Search, could put OpenAI in direct competition with Google's search engine. The artificial intelligence (AI) giant said it was releasing the feature to paid users of ChatGPT but will eventually expand it to all ChatGPT users. 'A fine-tuned version of GPT-4o' The search model is a fine-tuned version of GPT-4o, OpenAI said, adding that all ChatGPT Plus and Team users would have had access to it on Thursday. "ChatGPT search leverages third-party search providers, as well as content provided directly by our partners, to provide the information users are looking for," OpenAI said in a blog post. The AI giant also pointed out it collaborated extensively with the news industry and gathered feedback from its partners on the search function. Any website or publisher can choose to appear⁠ in the ChatGPT search. The launch of this new search function comes months after OpenAI selectively launched SearchGPT in July- an AI-powered search engine prototype with real-time access to information from the internet. 'ChatGPT search my favourite feature' In a post on X, OpenAI's Chief Executive Officer (CEO) Sam Altman said, "Search is my favourite feature we have launched in ChatGPT since the original launch! It has probably doubled my usage over the past few weeks." search is my favorite feature we have launched in chatgpt since the original the launch! it has probably doubled my usage over the past few weeks. https://t.co/alD11AwUUb — Sam Altman (@sama) October 31, 2024 × "Search will be available at chatgpt.com⁠(opens in a new window), as well as on our desktop and mobile apps. All ChatGPT Plus and Team users, as well as SearchGPT waitlist users, will have access today. Enterprise and Edu users will get access in the next few weeks. We’ll roll out to all Free users over the coming months," OpenAI said in the blog post.

OpenAI takes on Google's search engine by adding new search function to ChatGPT

Microsoft announces Copilot Studio: A sales agent to prioritise leads and craft personalised outreach. A communications agent that will monitor supply chain performance. Customer intent and knowledge management agents that will resolve issues and disseminate best practices autonomously. These are some of the artificial intelligence-powered virtual employees Microsoft is unveiling in November under its Copilot Studio programme.

'AI employees' are autonomous AI virtual assistants&nbsp;that can perform tasks without human intervention.

Watch: Microsoft bets on Germany in $3.4 bn AI push

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In a blog post on Monday (Oct 21), the tech giant said the Copilot Assistants will be available for public preview next month on Copilot Studio.&nbsp;

Copilot users can create and manage agents through&nbsp;Copilot Studio, part of Microsoft Dynamics 365 productivity applications. 
 
It&nbsp;is like a Play Store of AI bots. 
 
Ten such virtual assistants will be launched in the first phase, the blog post said.

The Copilot bots can do simple inquiries as well as complex operations in sales, service, finance, and supply chain management.

<a href="https://www.wionews.com/world/openai-trudges-towards-for-profit-structure-amid-high-profile-exits-762285">Also read: OpenAI trudges towards for-profit structure amid high-profile exits</a>

Some of these pre-built bots have already been adopted by big companies like McKinsey.

Microsoft itself has been using these agents internally to improve sales revenue, customer case resolution, and marketing conversion rates.

Microsoft CEO Satya Nadella said that AI agents can enhance productivity and reduce monotonous tasks.

“These tools are fundamentally changing outsourcing, increasing value and reducing waste,” he said.

The Copilot Studio will allow users, including those without coding skills, to build agents using Microsoft’s AI models, some of which are developed by OpenAI, which made ChatGPT.

Nadella called this a 'no-code way for you to be able to build agents'.&nbsp;

Charles Lamanna, a corporate vice president at Microsoft, was dismissive when asked about the impact the Copilots can have on employment.

<a href="https://www.wionews.com/business-economy/openai-secures-66-billion-in-funding-now-valued-at-157-billion-764082">Also read: OpenAI secures $6.6 billion in funding, now valued at $157 Billion</a>

Saying that the bots will help remove 'mundane, monotonous' aspects of jobs, Lamanna told The Guardian newspaper, “It’s much more of an enabler and an empowerment tool than anything else.”&nbsp;

He compared AI tools such as agents to the arrival of personal computers decades ago.

“The personal computer didn’t show up on every desk to begin with, but eventually it was on every desk because it brought so much capability and information to the fingertips of every employee. 
 
"We think that AI is going to have the same type of journey," he was quoted as saying. 
 
(With inputs from agencies)

Microsoft announces Copilot Studio: A sales agent to prioritise leads and craft personalised outreach. A communications agent that will monitor supply chain performance.

Microsoft announces Copilot Studio: A sales agent to prioritise leads and craft personalised outreach. A communications agent that will monitor supply chain performance. Customer intent and knowledge management agents that will resolve issues and disseminate best practices autonomously. These are some of the artificial intelligence-powered virtual employees Microsoft is unveiling in November under its Copilot Studio programme. 'AI employees' are autonomous AI virtual assistants that can perform tasks without human intervention. Watch: Microsoft bets on Germany in $3.4 bn AI push × In a blog post on Monday (Oct 21), the tech giant said the Copilot Assistants will be available for public preview next month on Copilot Studio. Copilot users can create and manage agents through Copilot Studio, part of Microsoft Dynamics 365 productivity applications. It is like a Play Store of AI bots. Ten such virtual assistants will be launched in the first phase, the blog post said. The Copilot bots can do simple inquiries as well as complex operations in sales, service, finance, and supply chain management. Also read: OpenAI trudges towards for-profit structure amid high-profile exits Some of these pre-built bots have already been adopted by big companies like McKinsey. Microsoft itself has been using these agents internally to improve sales revenue, customer case resolution, and marketing conversion rates. Microsoft CEO Satya Nadella said that AI agents can enhance productivity and reduce monotonous tasks. “These tools are fundamentally changing outsourcing, increasing value and reducing waste,” he said. The Copilot Studio will allow users, including those without coding skills, to build agents using Microsoft’s AI models, some of which are developed by OpenAI, which made ChatGPT. Nadella called this a 'no-code way for you to be able to build agents'. Charles Lamanna, a corporate vice president at Microsoft, was dismissive when asked about the impact the Copilots can have on employment. Also read: OpenAI secures $6.6 billion in funding, now valued at $157 Billion Saying that the bots will help remove 'mundane, monotonous' aspects of jobs, Lamanna told The Guardian newspaper, “It’s much more of an enabler and an empowerment tool than anything else.” He compared AI tools such as agents to the arrival of personal computers decades ago. “The personal computer didn’t show up on every desk to begin with, but eventually it was on every desk because it brought so much capability and information to the fingertips of every employee. "We think that AI is going to have the same type of journey," he was quoted as saying. (With inputs from agencies)

AI employees are here: Microsoft Copilot assistants coming to a device near you in November

The nonprofit roots of OpenAI may haunt it in an expensive and inconvenient form, even as its valuation recently surged to $157 billion.

Nonprofit tax specialists have been monitoring OpenAI, the maker of ChatGPT, since last November when its board expelled and then reinstated Chief Executive Sam Altman. Some believe the company may have reached - or maybe passed - the limits of its corporate structure, a nonprofit dedicated to developing AI for the good of "all of humanity" with for-profit subsidiaries under its command.

When nonprofit and for-profit sides of a venture conflict, the charitable mission must always prevail, according to Jill Horwitz, a UCLA School of Law law and medicine professor who has studied OpenAI.

“It’s the job of the board first, and then the regulators and the court, to ensure that the promise that was made to the public to pursue the charitable interest is kept," she said.

The source told The Associated Press that the company is exploring making OpenAI a public benefit corporation, though the board has yet to make a final decision, and it is undetermined whether any change will be implemented or when. Altman recently confirmed OpenAI is considering corporate restructuring but declined to give details.

If the nonprofit loses control of its subsidiaries, then some experts estimate that OpenAI may be liable for the interests and assets that the nonprofit had held. To date, most observers agree that OpenAI has carefully managed the relationships between the nonprofit and its other entities to try to avoid that.

Still, they also expect the regulators to take a close look at OpenAI, regulators including the Internal Revenue Service and state attorneys general in Delaware, where it's incorporated, and in California, where it operates.

Bret Taylor, chair of the OpenAI nonprofit’s board, said in a statement that the board was focused on fulfilling its fiduciary obligation.

“Any potential restructuring would ensure the nonprofit continues to exist and thrive, and receives full value for its current stake in the OpenAI for-profit with an enhanced ability to pursue its mission,” he said.

This article includes reporting from Associated Press Finance.

The nonprofit roots of OpenAI may haunt it in an expensive and inconvenient form, even as its valuation recently surged to $157 billion. Nonprofit tax specialists have been monitoring OpenAI, the maker of ChatGPT, since last November when its board expelled and then reinstated Chief Executive Sam Altman.

The nonprofit roots of OpenAI may haunt it in an expensive and inconvenient form, even as its valuation recently surged to $157 billion. Nonprofit tax specialists have been monitoring OpenAI, the maker of ChatGPT, since last November when its board expelled and then reinstated Chief Executive Sam Altman. Some believe the company may have reached - or maybe passed - the limits of its corporate structure, a nonprofit dedicated to developing AI for the good of "all of humanity" with for-profit subsidiaries under its command. When nonprofit and for-profit sides of a venture conflict, the charitable mission must always prevail, according to Jill Horwitz, a UCLA School of Law law and medicine professor who has studied OpenAI. “It’s the job of the board first, and then the regulators and the court, to ensure that the promise that was made to the public to pursue the charitable interest is kept," she said. The source told The Associated Press that the company is exploring making OpenAI a public benefit corporation, though the board has yet to make a final decision, and it is undetermined whether any change will be implemented or when. Altman recently confirmed OpenAI is considering corporate restructuring but declined to give details. If the nonprofit loses control of its subsidiaries, then some experts estimate that OpenAI may be liable for the interests and assets that the nonprofit had held. To date, most observers agree that OpenAI has carefully managed the relationships between the nonprofit and its other entities to try to avoid that. Still, they also expect the regulators to take a close look at OpenAI, regulators including the Internal Revenue Service and state attorneys general in Delaware, where it's incorporated, and in California, where it operates. Bret Taylor, chair of the OpenAI nonprofit’s board, said in a statement that the board was focused on fulfilling its fiduciary obligation. “Any potential restructuring would ensure the nonprofit continues to exist and thrive, and receives full value for its current stake in the OpenAI for-profit with an enhanced ability to pursue its mission,” he said. This article includes reporting from Associated Press Finance.

Questions arise over OpenAI's future amid potential changes to nonprofit structure

OpenAI has concluded a deal to raise $6.6 billion in new funding that will increase the valuation of the artificial intelligence firm to $157 billion, further cementing efforts to build world-beating generative AI, according to a report by Bloomberg.

The funding round was led by Thrive Capital, a venture capital firm headed by Josh Kushner, which injected $1.3 billion. Microsoft Corp., the largest investor in OpenAI, added around $750 million to that amount, as the company had already invested in the startup to the tune of $13 billion, according to a person familiar with the situation. Other investors include Khosla Ventures, Fidelity Management &amp; Research Co., and Nvidia Corp., the chipmaker whose processors are crucial to the AI boom. Microsoft declined to comment.

The deal is one of the largest private investments ever into a startup, making OpenAI one of the three largest venture-backed startups, alongside Elon Musk's SpaceX and TikTok owner ByteDance Ltd. The investment reflects confidence in AI's potential and its appetite for extremely costly research powering its advancement.

Other investors participating in the company's fundraising round include Tiger Global Management, which invested $350 million, and Altimeter Capital, sources said, whose participation reached at least $250 million.

International investors in the round included SoftBank Group Corp. and the new Abu Dhabi-based tech investment firm MGX. SoftBank's contribution was $500 million, according to one of the people, who requested anonymity as the information is confidential. Venture firm Coatue also participated.

In a statement, the firm said it would use the funds to propel forward AI research and its computing capacity. “AI is already personalising learning, accelerating healthcare breakthroughs and driving productivity,” OpenAI Chief Financial Officer Sarah Friar said. “And this is just the start.”

The sky-high valuation of OpenAI has transfixed Silicon Valley. “People are shocked at 150 billion bucks,” Altimeter Chief Executive Officer Brad Gerstner said during a speech at the Madrona IA Summit in Seattle on Wednesday. Noting reports that the startup expects more than $10 billion in revenue next year - adding that a 10 times projected revenue valuation isn't outrageous for a company near a public offering, like Google and Facebook. According to the latest deal, the valuation of OpenAI exceeds $150 billion pre-money, before including the dollars raised in this round.

Gerstner hopes OpenAI will go public soon, as he described it as the most obvious next step for the startup, which he called “the most important AI company in the United States, next to Nvidia.”

Apple Inc. didn't join the deal, but the company had previously discussed an investment, as Bloomberg reported. The iPhone maker has a partnership with OpenAI, where ChatGPT integration will be implemented on Apple devices through its Siri voice assistant. As part of that deal, Apple had considered joining a board observer position at OpenAI, but the plans were put to the side, people familiar with the matter told Bloomberg.

Some of the investment rounds were raised through so-called special purpose vehicles, or SPVs, in which backers pool capital from a broader range of investors to acquire a portion of the shares. In addition to its direct stake, Thrive organised an SPV to invest in the firm, one person said. OpenAI declined to comment on the SPVs.

The deal comes after a chaotic year for OpenAI. Last November, the company's board ousted and then reinstated its CEO, Sam Altman. Subsequently, the company overhauled its board, brought on hundreds of new employees, and lost several key leaders, including co-founder Ilya Sutskever and Chief Technology Officer Mira Murati.

Meanwhile, OpenAI is exploring a shift from its nonprofit corporate structure - an unusual arrangement that has rankled some investors - to a for-profit model. Such a move would likely soothe irate investors but could pose legal challenges. Under this new structure, OpenAI has discussed giving Altman equity in the company - a stake that could be worth over $10 billion, though the board says it hasn't discussed actual figures.

OpenAI caused a buzz in Silicon Valley on the potential of AI when the company launched ChatGPT in 2022. According to the company, the chatbot answers user inquiries in a very human-like fashion and boasts the third-largest weekly active user base at 250 million. Its paid service, ChatGPT Plus, has 11 million subscribers, said one person. According to a Bloomberg report, its business-focused service has topped 1 million users.

Some smaller firms have recently come into view with the purpose of vying with OpenAI, with some being started by former OpenAI employees, such as Anthropic and Safe Superintelligence. Even more intense, formidable competitors to OpenAI are larger tech companies, such as Google and Amazon.com Inc., which are developing their own AI models.

In this funding round, OpenAI allegedly asked investors not to invest in rival companies like Anthropic or Musk's AI startup xAI, according to a person familiar with the matter. &nbsp;Bloomberg earlier reported that leading venture capital firm Sequoia Capital, which backed Safe Superintelligence, would not participate in the newest fundraising.

OpenAI has concluded a deal to raise $6.6 billion in new funding that will increase the valuation of the artificial intelligence firm to $157 billion, further cementing efforts to build world-beating generative AI, according to a report by Bloomberg.

OpenAI has concluded a deal to raise $6.6 billion in new funding that will increase the valuation of the artificial intelligence firm to $157 billion, further cementing efforts to build world-beating generative AI, according to a report by Bloomberg. The funding round was led by Thrive Capital, a venture capital firm headed by Josh Kushner, which injected $1.3 billion. Microsoft Corp., the largest investor in OpenAI, added around $750 million to that amount, as the company had already invested in the startup to the tune of $13 billion, according to a person familiar with the situation. Other investors include Khosla Ventures, Fidelity Management & Research Co., and Nvidia Corp., the chipmaker whose processors are crucial to the AI boom. Microsoft declined to comment. The deal is one of the largest private investments ever into a startup, making OpenAI one of the three largest venture-backed startups, alongside Elon Musk's SpaceX and TikTok owner ByteDance Ltd. The investment reflects confidence in AI's potential and its appetite for extremely costly research powering its advancement. Other investors participating in the company's fundraising round include Tiger Global Management, which invested $350 million, and Altimeter Capital, sources said, whose participation reached at least $250 million. International investors in the round included SoftBank Group Corp. and the new Abu Dhabi-based tech investment firm MGX. SoftBank's contribution was $500 million, according to one of the people, who requested anonymity as the information is confidential. Venture firm Coatue also participated. In a statement, the firm said it would use the funds to propel forward AI research and its computing capacity. “AI is already personalising learning, accelerating healthcare breakthroughs and driving productivity,” OpenAI Chief Financial Officer Sarah Friar said. “And this is just the start.” The sky-high valuation of OpenAI has transfixed Silicon Valley. “People are shocked at 150 billion bucks,” Altimeter Chief Executive Officer Brad Gerstner said during a speech at the Madrona IA Summit in Seattle on Wednesday. Noting reports that the startup expects more than $10 billion in revenue next year - adding that a 10 times projected revenue valuation isn't outrageous for a company near a public offering, like Google and Facebook. According to the latest deal, the valuation of OpenAI exceeds $150 billion pre-money, before including the dollars raised in this round. Gerstner hopes OpenAI will go public soon, as he described it as the most obvious next step for the startup, which he called “the most important AI company in the United States, next to Nvidia.” Apple Inc. didn't join the deal, but the company had previously discussed an investment, as Bloomberg reported. The iPhone maker has a partnership with OpenAI, where ChatGPT integration will be implemented on Apple devices through its Siri voice assistant. As part of that deal, Apple had considered joining a board observer position at OpenAI, but the plans were put to the side, people familiar with the matter told Bloomberg. Some of the investment rounds were raised through so-called special purpose vehicles, or SPVs, in which backers pool capital from a broader range of investors to acquire a portion of the shares. In addition to its direct stake, Thrive organised an SPV to invest in the firm, one person said. OpenAI declined to comment on the SPVs. The deal comes after a chaotic year for OpenAI. Last November, the company's board ousted and then reinstated its CEO, Sam Altman. Subsequently, the company overhauled its board, brought on hundreds of new employees, and lost several key leaders, including co-founder Ilya Sutskever and Chief Technology Officer Mira Murati. Meanwhile, OpenAI is exploring a shift from its nonprofit corporate structure - an unusual arrangement that has rankled some investors - to a for-profit model. Such a move would likely soothe irate investors but could pose legal challenges. Under this new structure, OpenAI has discussed giving Altman equity in the company - a stake that could be worth over $10 billion, though the board says it hasn't discussed actual figures. OpenAI caused a buzz in Silicon Valley on the potential of AI when the company launched ChatGPT in 2022. According to the company, the chatbot answers user inquiries in a very human-like fashion and boasts the third-largest weekly active user base at 250 million. Its paid service, ChatGPT Plus, has 11 million subscribers, said one person. According to a Bloomberg report, its business-focused service has topped 1 million users. Some smaller firms have recently come into view with the purpose of vying with OpenAI, with some being started by former OpenAI employees, such as Anthropic and Safe Superintelligence. Even more intense, formidable competitors to OpenAI are larger tech companies, such as Google and Amazon.com Inc., which are developing their own AI models. In this funding round, OpenAI allegedly asked investors not to invest in rival companies like Anthropic or Musk's AI startup xAI, according to a person familiar with the matter. Bloomberg earlier reported that leading venture capital firm Sequoia Capital, which backed Safe Superintelligence, would not participate in the newest fundraising.

OpenAI secures $6.6 billion in funding, now valued at $157 Billion

At least two prominent economists, one of them a Nobel laureate, have warned against hyping up artificial intelligence, just as Microsoft-backed OpenAI, at the forefront of generative AI, was declared to be worth over $157 billion after a new funding round.

In recent interviews and articles, MIT economist Daron Acemoglu has criticised the hype around AI. Fellow economist and Nobel Laureate Paul Romer is also sceptical about any economic windfalls accruing from AI.

Acemoglu&nbsp;warned that the hype could lead to wasted investments and unkept promises and even a market crash akin to the crypto crash.&nbsp;

Watch: AI-boom leaves mega Indian software stocks in the dust 
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In spite of the exuberance, the Turkish-American economist feels that only five per cent of global jobs will be impacted by AI in next decade.&nbsp;

Such a minial disruption is not going to lead to any economic revolution, he argued.&nbsp;

Possible future scenarios for AI include some successful apps surviving and the remaining hype cooling off, and a volatile cycle of excitement and disillusionment, he predicted.&nbsp;

He said that companies that replace humans with AI at the workplace will only end up re-hiring people when they realise AI's limitations.&nbsp;

While apps like ChatGPT, the large language model from OpenAI, are appreciated, Acemoglu said AI would not be able to replace human workers in jobs needing nuanced judgement.&nbsp;

<a href="https://www.wionews.com/business-economy/openai-secures-66-billion-in-funding-now-valued-at-157-billion-764082">Also read: OpenAI secures $6.6 billion in funding, now valued at $157 Billion</a>

"You need highly reliable information or the ability of these models to faithfully implement certain steps that previously workers were doing. They can do that in a few places with some human supervisory oversight like coding, but in most places they cannot. That's a reality check for where we are right now,” he said.

Studies that forecast significant economic growth from AI lack any empirical evidence, he pointed out, while adding that AI might eventually exacerbate inequality.

He advocated a more regulated approach to AI, as opposed to uncritical optimism about the technology.

He warned that the AI frenzy could eventually end up in a tech stocks crash in what he called an “AI spring followed by AI winter”.

"If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionising life as we know it. Yet neither economic theory nor the data support such exuberant forecasts," he said.

<a href="https://www.wionews.com/entertainment/hollywood/news-meta-launches-ai-chatbot-in-voices-of-judi-dench-john-cena-other-celebrities-762241">Also read: Meta launches AI chatbot in voices of Judi Dench, John Cena, other celebrities</a> 
 
In a recent podcast, Phil Romer, a professor at Boston College also echoed similar sentiments. The former chief economist of World Bank highlighted that some of the recent hyped-up technologies like autonomous vehicles have failed.

"I think people are buying a little bit too much of the hype and they’re losing perspective," he said. "I don’t think AI is actually the big revolution that we’re living through right now."&nbsp;

"The autonomous vehicles were supposed to be the killer application of AI, and it’s turning out to be a bust. There’s a reason Apple just canceled its car project," Romer added.

(With inputs from agencies)

At least two prominent economists, one of them a Nobel laureate, have warned against hyping up artificial intelligence, just as Microsoft-backed OpenAI, at the forefront of generative AI, was declared to be worth over $157 billion after a new funding round.

At least two prominent economists, one of them a Nobel laureate, have warned against hyping up artificial intelligence, just as Microsoft-backed OpenAI, at the forefront of generative AI, was declared to be worth over $157 billion after a new funding round. In recent interviews and articles, MIT economist Daron Acemoglu has criticised the hype around AI. Fellow economist and Nobel Laureate Paul Romer is also sceptical about any economic windfalls accruing from AI. Acemoglu warned that the hype could lead to wasted investments and unkept promises and even a market crash akin to the crypto crash. Watch: AI-boom leaves mega Indian software stocks in the dust × In spite of the exuberance, the Turkish-American economist feels that only five per cent of global jobs will be impacted by AI in next decade. Such a minial disruption is not going to lead to any economic revolution, he argued. Possible future scenarios for AI include some successful apps surviving and the remaining hype cooling off, and a volatile cycle of excitement and disillusionment, he predicted. He said that companies that replace humans with AI at the workplace will only end up re-hiring people when they realise AI's limitations. While apps like ChatGPT, the large language model from OpenAI, are appreciated, Acemoglu said AI would not be able to replace human workers in jobs needing nuanced judgement. Also read: OpenAI secures $6.6 billion in funding, now valued at $157 Billion "You need highly reliable information or the ability of these models to faithfully implement certain steps that previously workers were doing. They can do that in a few places with some human supervisory oversight like coding, but in most places they cannot. That's a reality check for where we are right now,” he said. Studies that forecast significant economic growth from AI lack any empirical evidence, he pointed out, while adding that AI might eventually exacerbate inequality. He advocated a more regulated approach to AI, as opposed to uncritical optimism about the technology. He warned that the AI frenzy could eventually end up in a tech stocks crash in what he called an “AI spring followed by AI winter”. "If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionising life as we know it. Yet neither economic theory nor the data support such exuberant forecasts," he said. Also read: Meta launches AI chatbot in voices of Judi Dench, John Cena, other celebrities In a recent podcast, Phil Romer, a professor at Boston College also echoed similar sentiments. The former chief economist of World Bank highlighted that some of the recent hyped-up technologies like autonomous vehicles have failed. "I think people are buying a little bit too much of the hype and they’re losing perspective," he said. "I don’t think AI is actually the big revolution that we’re living through right now." "The autonomous vehicles were supposed to be the killer application of AI, and it’s turning out to be a bust. There’s a reason Apple just canceled its car project," Romer added. (With inputs from agencies)

AI enthusiasm is a hype: Economists sound alarm on possible market crash like crypto

Thrive Capital is investing over $1 billion into OpenAI's ongoing $6.5 billion fundraising round, and it has an incentive no other investors are receiving: the possibility to invest an additional $1 billion next year at the same valuation if the AI firm hits a revenue target, sources familiar with the matter stated on Friday.

OpenAI is expecting its revenue to balloon next year to $11.6 billion, an estimated $3.7 billion in 2024, according to the insiders who requested anonymity. Losses are projected to be as high as $5 billion this year by their estimates, mostly due to their spending on computing power that may fluctuate, according to one of the sources.

The current funding round is structured as convertible debt and will close by the end of next week, probably valuing OpenAI at $150 billion, further cementing the private company's position as one of the world's most valuable firms.

That valuation depends on the formation of a very tricky restructuring in that it must remove the cap from investment returns to the investors and, in addition, expel the control of its non-profit board, a plan first reported by Reuters. No timeline has been set for when the conversion might take place.

Thrive Capital, which also led OpenAI's previous funding round, is contributing $1.2 billion from a mix of its own fund and a special-purpose vehicle for smaller investors. The other investors in the new round include Microsoft, Apple, Nvidia, and Khosla Ventures.

According to sources, the option for future investment was not granted to the others at the current price. OpenAI's valuation has soared quickly; if the trend continues next year, Thrive could find itself increasing its stake at a discounted rate.

Reuters was unable to establish the revenue target tied to Thrive's option, established by Joshua Kushner.

Thrive and OpenAI declined to comment.

Thrive Capital is investing over $1 billion into OpenAI's ongoing $6.5 billion fundraising round, and it has an incentive no other investors are receiving: the possibility to invest an additional $1 billion next year at the same valuation if the AI firm hits a revenue target, sources familiar with the matter stated on Friday.

Thrive Capital is investing over $1 billion into OpenAI's ongoing $6.5 billion fundraising round, and it has an incentive no other investors are receiving: the possibility to invest an additional $1 billion next year at the same valuation if the AI firm hits a revenue target, sources familiar with the matter stated on Friday. OpenAI is expecting its revenue to balloon next year to $11.6 billion, an estimated $3.7 billion in 2024, according to the insiders who requested anonymity. Losses are projected to be as high as $5 billion this year by their estimates, mostly due to their spending on computing power that may fluctuate, according to one of the sources. The current funding round is structured as convertible debt and will close by the end of next week, probably valuing OpenAI at $150 billion, further cementing the private company's position as one of the world's most valuable firms. That valuation depends on the formation of a very tricky restructuring in that it must remove the cap from investment returns to the investors and, in addition, expel the control of its non-profit board, a plan first reported by Reuters. No timeline has been set for when the conversion might take place. Thrive Capital, which also led OpenAI's previous funding round, is contributing $1.2 billion from a mix of its own fund and a special-purpose vehicle for smaller investors. The other investors in the new round include Microsoft, Apple, Nvidia, and Khosla Ventures. According to sources, the option for future investment was not granted to the others at the current price. OpenAI's valuation has soared quickly; if the trend continues next year, Thrive could find itself increasing its stake at a discounted rate. Reuters was unable to establish the revenue target tied to Thrive's option, established by Joshua Kushner. Thrive and OpenAI declined to comment.

OpenAI projects $11.6 billion revenue for 2025, offers Thrive another investment opportunity

Mira Murati, Chief Technology Officer at OpenAI, who briefly held the position of interim CEO following Sam Altman's exit last year, has announced that she is leaving the company. Murati played a key role in the development of OpenAI's ChatGPT bot, which made the organisation a household name and the AI image generator DALL-E.

"After much reflection, I have made the difficult decision to leave OpenAI," Murati said in a written statement posted on X. Explaining the reason behind her exit, she said, "I'm stepping away because I want to create the time and space to do my own exploration."

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I shared the following note with the OpenAI team today. <a href="https://t.co/nsZ4khI06P">pic.twitter.com/nsZ4khI06P</a>
— Mira Murati (@miramurati) <a href="https://twitter.com/miramurati/status/1839025700009030027?ref_src=twsrc%5Etfw">September 25, 2024</a></blockquote>
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Also read:&nbsp;<a href="https://www.wionews.com/world/new-york-city-mayor-eric-adams-indicted-by-grand-jury-in-corruption-probe-report-762037">NY Mayor Eric Adams indicted by grand jury, says won't resign</a>

Reflecting on her time at OpenAI, she said, "My six-and-a-half years with the OpenAI team have been an extraordinary privilege." She added, "There’s never an ideal time to step away from a place one cherishes, yet this moment feels right."

Murati is the latest in a series of high-profile departures from OpenAI. CEO Sam Altman shared in a post on X that Chief Research Officer Bob McGrew and research leader Barret Zoph are also leaving.

Also read:&nbsp;<a href="https://www.wionews.com/world/biden-fumbles-in-new-york-address-mistakenly-welcoming-leaders-to-washington-762057">Biden fumbles in NYC address, mistakenly welcoming leaders to 'Washington'</a>

"Mira has been instrumental to OpenAI’s progress and growth the last 6.5 years; she has been a hugely significant factor in our development from an unknown research lab to an important company," Sam Altman wrote on X.

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i just posted this note to openai: 
 
Hi All– 
 
Mira has been instrumental to OpenAI’s progress and growth the last 6.5 years; she has been a hugely significant factor in our development from an unknown research lab to an important company. 
 
When Mira informed me this morning that…
— Sam Altman (@sama) <a href="https://twitter.com/sama/status/1839096160168063488?ref_src=twsrc%5Etfw">September 26, 2024</a></blockquote>
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"When Mira informed me this morning that she was leaving, I was saddened but of course support her decision. For the past year, she has been building out a strong bench of leaders that will continue our progress," he added.

Announcing the other two departures, Altman said, "I also want to share that Bob and Barret have decided to depart OpenAI. Mira, Bob, and Barret made these decisions independently of each other and amicably, but the timing of Mira’s decision was such that it made sense to now do this all at once so that we can work together for a smooth handover to the next generation of leadership."

(With inputs from agencies)

Mira Murati, Chief Technology Officer at OpenAI, who briefly held the position of interim CEO following Sam Altman's exit last year, has announced that she is leaving the company.

Mira Murati, Chief Technology Officer at OpenAI, who briefly held the position of interim CEO following Sam Altman's exit last year, has announced that she is leaving the company. Murati played a key role in the development of OpenAI's ChatGPT bot, which made the organisation a household name and the AI image generator DALL-E. "After much reflection, I have made the difficult decision to leave OpenAI," Murati said in a written statement posted on X. Explaining the reason behind her exit, she said, "I'm stepping away because I want to create the time and space to do my own exploration." I shared the following note with the OpenAI team today. pic.twitter.com/nsZ4khI06P — Mira Murati (@miramurati) September 25, 2024 × Also read: NY Mayor Eric Adams indicted by grand jury, says won't resign Reflecting on her time at OpenAI, she said, "My six-and-a-half years with the OpenAI team have been an extraordinary privilege." She added, "There’s never an ideal time to step away from a place one cherishes, yet this moment feels right." Murati is the latest in a series of high-profile departures from OpenAI. CEO Sam Altman shared in a post on X that Chief Research Officer Bob McGrew and research leader Barret Zoph are also leaving. Also read: Biden fumbles in NYC address, mistakenly welcoming leaders to 'Washington' "Mira has been instrumental to OpenAI’s progress and growth the last 6.5 years; she has been a hugely significant factor in our development from an unknown research lab to an important company," Sam Altman wrote on X. i just posted this note to openai: Hi All– Mira has been instrumental to OpenAI’s progress and growth the last 6.5 years; she has been a hugely significant factor in our development from an unknown research lab to an important company. When Mira informed me this morning that… — Sam Altman (@sama) September 26, 2024 × "When Mira informed me this morning that she was leaving, I was saddened but of course support her decision. For the past year, she has been building out a strong bench of leaders that will continue our progress," he added. Announcing the other two departures, Altman said, "I also want to share that Bob and Barret have decided to depart OpenAI. Mira, Bob, and Barret made these decisions independently of each other and amicably, but the timing of Mira’s decision was such that it made sense to now do this all at once so that we can work together for a smooth handover to the next generation of leadership." (With inputs from agencies)

OpenAI CTO Mira Murati, 2 research executives announce exit, joining wave of high-profile departures

Amid high-profile exits from the company, OpenAI is reportedly planning to become a for-profit entity and is already preparing to change its corporate structure. News agency Reuters reported that the US-based AI startup is seeking to raise $6.5 billion in funding. However, the company will use its profits only ‘for the welfare of society and public.’ The company will no longer be controlled by its non-profit board.

The report comes after the chief technology officer at OpenAI, Mira Murati, announced her departure from the San Francisco company.

<h2>‘Non-profit core to our mission’</h2>

A spokesperson of the company, however, said non-profit was core to their mission. “We remain focused on building AI that benefits everyone, and we’re working with our board to ensure that we’re best positioned to succeed in our mission. The nonprofit is core to our mission and will continue to exist,” the spokesperson said.

Also read:&nbsp;<a data-ved="2ahUKEwjOk9W_6OCIAxVs8zgGHUQoA7sQxfQBKAB6BAgQEAE" href="https://www.wionews.com/business-economy/openais-fundraising-poised-to-boost-startups-valuation-to-150-billion-758422" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/business-economy/openais-fundraising-poised-to-boost-startups-valuation-to-150-billion-758422&amp;ved=2ahUKEwjOk9W_6OCIAxVs8zgGHUQoA7sQxfQBKAB6BAgQEAE">OpenAI`s fundraising poised to boost startup`s valuation to $150 billion</a>

Notably, the startup was founded in 2015 as a non-profit entity but it conceived a for-profit entity, backed by Microsoft, four years later.

According to OpenAI’s website, the company is established as “a partnership between our original nonprofit and a new capped profit arm”.

<h2>Who are OpenAI’s new investors?</h2>

According to reports, OpenAI is aiming to achieve a valuation of $150bn under the new fundraising campaign. The company’s CEO, Sam Altman, often projected as the poster boy of the global AI boom, is in talks with US majors like Apple and the chipmaker Nvidia for the fundraising round.

<h2>High profile exits</h2>

OpenAI’s plans to create artificial general intelligence (AGI) have&nbsp;alarmed its senior employees, who fear the AI giant may drift away from its original goal. The company described AGI as “AI systems that are generally smarter than humans”. William Sunders, a senior research engineer, left OpenAI earlier this year after saying he had “lost faith” in the company regarding AGI plans.

Also read:&nbsp;<a data-ved="2ahUKEwjOk9W_6OCIAxVs8zgGHUQoA7sQxfQBKAB6BAgPEAE" href="https://www.wionews.com/business-economy/elon-musk-revives-lawsuit-against-openai-and-ceo-sam-altman-747463" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/business-economy/elon-musk-revives-lawsuit-against-openai-and-ceo-sam-altman-747463&amp;ved=2ahUKEwjOk9W_6OCIAxVs8zgGHUQoA7sQxfQBKAB6BAgPEAE">Elon Musk revives lawsuit against OpenAI and CEO Sam Altman</a>

Earlier, Jan Leike, a safety researcher at the company, left the firm accusing OpenAI of prioritising “shiny products” over safety.

(With inputs from agencies)

Amid high-profile exits from the company, OpenAI is reportedly planning to become a for-profit entity and is already preparing to change its corporate structure.

Amid high-profile exits from the company, OpenAI is reportedly planning to become a for-profit entity and is already preparing to change its corporate structure. News agency Reuters reported that the US-based AI startup is seeking to raise $6.5 billion in funding. However, the company will use its profits only ‘for the welfare of society and public.’ The company will no longer be controlled by its non-profit board. The report comes after the chief technology officer at OpenAI, Mira Murati, announced her departure from the San Francisco company. ‘Non-profit core to our mission’ A spokesperson of the company, however, said non-profit was core to their mission. “We remain focused on building AI that benefits everyone, and we’re working with our board to ensure that we’re best positioned to succeed in our mission. The nonprofit is core to our mission and will continue to exist,” the spokesperson said. Also read: OpenAI`s fundraising poised to boost startup`s valuation to $150 billion Notably, the startup was founded in 2015 as a non-profit entity but it conceived a for-profit entity, backed by Microsoft, four years later. According to OpenAI’s website, the company is established as “a partnership between our original nonprofit and a new capped profit arm”. Who are OpenAI’s new investors? According to reports, OpenAI is aiming to achieve a valuation of $150bn under the new fundraising campaign. The company’s CEO, Sam Altman, often projected as the poster boy of the global AI boom, is in talks with US majors like Apple and the chipmaker Nvidia for the fundraising round. High profile exits OpenAI’s plans to create artificial general intelligence (AGI) have alarmed its senior employees, who fear the AI giant may drift away from its original goal. The company described AGI as “AI systems that are generally smarter than humans”. William Sunders, a senior research engineer, left OpenAI earlier this year after saying he had “lost faith” in the company regarding AGI plans. Also read: Elon Musk revives lawsuit against OpenAI and CEO Sam Altman Earlier, Jan Leike, a safety researcher at the company, left the firm accusing OpenAI of prioritising “shiny products” over safety. (With inputs from agencies)

OpenAI trudges towards for-profit structure amid high-profile exits

An official OpenAI account on X (formerly Twitter) was compromised on Monday, leading to the dissemination of a cryptocurrency scam. Watch in for more details!

OpenAI X account got hacked by crypto scammers

As West Asian countries are splurging billions of dollars into artificial intelligence (AI) start-ups in the recent drastic shift toward technology investment, countries such as Saudi Arabia, United Arab Emirates, Kuwait, and Qatar are trying to diversify their economies by spending a serious amount of their oil earned wealth, to maintain a foothold in the rapidly evolving technology landscape. Investments by state-supported funds have leaped five-fold over the last year, according to Pitchbook.

As a matter of fact, such a trend is already being exemplified in the UAE-based MGX fund, reportedly intending to join OpenAI's last fund-raising round. Such round values OpenAI at about $150 billion; thus it has unveiled quite enormous financial strength being harnessed by these sovereign funds as detailed in a report by CNBC. 

Hence, West Asian sovereign wealth funds are emerging as key players in Silicon Valley's AI ecosystem. As long as oil prices continue climbing, these nations can continue to amass more and more wealth, which they can invest heavily in promising AI ventures. "The Gulf Cooperation Council (GCC) nations are likely to surge their combined wealth is expected to rise from $2.7 trillion to $3.5 trillion by 2026," Goldman Sachs forecasts.

Steps taken by funds to fuel growth <o:p></o:p>

The Saudi Public Investment Fund has more than $925 billion in assets and stands out as one of the largest in the world. PIF has invested heavily under Crown Prince Mohammed bin Salman's “Vision 2030”. Among its investments are a substantial stake in Uber and large investments in the LIV golf league and professional soccer.

Further, UAE’s Mubadala has $302 billion under management, and the Abu Dhabi Investment Authority has $1 trillion under management. Qatar Investment Authority has $475 billion, while Kuwait’s fund has topped $800 billion.<o:p></o:p>

There are several strategic steps that these funds have taken recently, for example, MGX recently teamed up with BlackRock, Microsoft, and Global Infrastructure Partners to build AI infrastructure and will be raising as much as $100 billion in data centers and related projects. It was established only this year as an AI-only fund and positions itself to be a market leader through investments in AI in cooperation with its founding partners.

While Mubadala grabbed headlines in making investments in Anthropic, an OpenAI competitor, this proactivity has led Mubadala to conclude eight deals over four years in the AI space. However, such a hurry has sent a significant concern to national security, such that Anthropic reportedly turned away Saudi investors during its recent funding round.

The Saudi PIF also has negotiations ongoing concerning a $40 billion partnership with US-based capital firm Hennessy Capital, and it has also established its own dedicated AI fund named the Saudi Company for Artificial Intelligence or SCAI.

Geopolitical effects<o:p></o:p>

While there are investment opportunities aplenty, the situation is still against a backdrop of geopolitical tension. This remains one of the reasons why Saudi Arabia's human rights record continues to raise red flags for some Western enterprises and startups. The way in which&nbsp;Jamal Khashoggi was assassinated has only brought this into sharp focus.

Despite these problems, even investment in AI is not exclusive to West Asia. Other global players are also on the move; for instance, France's sovereign fund Bpifrance has signed up on 161 AI deals in the last four years while Singapore's Temasek has done 47.

The in-flooding of capital by West Asian funds has opened up a discussion in Silicon Valley among investors about the "SoftBank effect." It is an influence of Masayoshi Son's Vision Fund, which inflated the valuations of companies like Uber and WeWork just before they went public.

Hence, in the context of this development, huge investments by sovereign wealth funds in West Asia in AI startups tend to modify their future economic prospects but also change landscapes in technology globally.

These countries look forward to being considerable contributors to the technology sector as they sail through rather complicated waters of geopolitics with significant financial support and strategic partnerships in many sectors. The coming years will indeed be the testing period as they will keep searching to balance economic diversification with international scrutiny and competition.

As West Asian countries are splurging billions of dollars into artificial intelligence (AI) start-ups in the recent drastic shift toward technology investment, countries such as Saudi Arabia, United Arab Emirates, Kuwait, and Qatar are trying to diversify their economies by spending a serious amount of their oil earned wealth, to maintain a foothold in the rapidly evolving technology landscape.

As West Asian countries are splurging billions of dollars into artificial intelligence (AI) start-ups in the recent drastic shift toward technology investment, countries such as Saudi Arabia, United Arab Emirates, Kuwait, and Qatar are trying to diversify their economies by spending a serious amount of their oil earned wealth, to maintain a foothold in the rapidly evolving technology landscape. Investments by state-supported funds have leaped five-fold over the last year, according to Pitchbook. As a matter of fact, such a trend is already being exemplified in the UAE-based MGX fund, reportedly intending to join OpenAI's last fund-raising round. Such round values OpenAI at about $150 billion; thus it has unveiled quite enormous financial strength being harnessed by these sovereign funds as detailed in a report by CNBC. Hence, West Asian sovereign wealth funds are emerging as key players in Silicon Valley's AI ecosystem. As long as oil prices continue climbing, these nations can continue to amass more and more wealth, which they can invest heavily in promising AI ventures. "The Gulf Cooperation Council (GCC) nations are likely to surge their combined wealth is expected to rise from $2.7 trillion to $3.5 trillion by 2026," Goldman Sachs forecasts. Steps taken by funds to fuel growth The Saudi Public Investment Fund has more than $925 billion in assets and stands out as one of the largest in the world. PIF has invested heavily under Crown Prince Mohammed bin Salman's “Vision 2030”. Among its investments are a substantial stake in Uber and large investments in the LIV golf league and professional soccer. Further, UAE’s Mubadala has $302 billion under management, and the Abu Dhabi Investment Authority has $1 trillion under management. Qatar Investment Authority has $475 billion, while Kuwait’s fund has topped $800 billion. There are several strategic steps that these funds have taken recently, for example, MGX recently teamed up with BlackRock, Microsoft, and Global Infrastructure Partners to build AI infrastructure and will be raising as much as $100 billion in data centers and related projects. It was established only this year as an AI-only fund and positions itself to be a market leader through investments in AI in cooperation with its founding partners. While Mubadala grabbed headlines in making investments in Anthropic, an OpenAI competitor, this proactivity has led Mubadala to conclude eight deals over four years in the AI space. However, such a hurry has sent a significant concern to national security, such that Anthropic reportedly turned away Saudi investors during its recent funding round. The Saudi PIF also has negotiations ongoing concerning a $40 billion partnership with US-based capital firm Hennessy Capital, and it has also established its own dedicated AI fund named the Saudi Company for Artificial Intelligence or SCAI. Geopolitical effects While there are investment opportunities aplenty, the situation is still against a backdrop of geopolitical tension. This remains one of the reasons why Saudi Arabia's human rights record continues to raise red flags for some Western enterprises and startups. The way in which Jamal Khashoggi was assassinated has only brought this into sharp focus. Despite these problems, even investment in AI is not exclusive to West Asia. Other global players are also on the move; for instance, France's sovereign fund Bpifrance has signed up on 161 AI deals in the last four years while Singapore's Temasek has done 47. The in-flooding of capital by West Asian funds has opened up a discussion in Silicon Valley among investors about the "SoftBank effect." It is an influence of Masayoshi Son's Vision Fund, which inflated the valuations of companies like Uber and WeWork just before they went public. Hence, in the context of this development, huge investments by sovereign wealth funds in West Asia in AI startups tend to modify their future economic prospects but also change landscapes in technology globally. These countries look forward to being considerable contributors to the technology sector as they sail through rather complicated waters of geopolitics with significant financial support and strategic partnerships in many sectors. The coming years will indeed be the testing period as they will keep searching to balance economic diversification with international scrutiny and competition.

West Asian sovereign funds pour billions in AI investments

OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion, according to a report by Bloomberg.

The new valuation, a figure that excludes the money being raised, is substantially higher than the $86 billion valuation from the company's tender offer earlier this year and cements its place as one of the most valuable startups in the world.

The company is also in talks to secure $5 billion of debt from banks as part of a revolving credit facility, said one of the people, all of whom asked not to be identified because the information is private.

The startup wouldn't comment. People close to the deal said the discussions are ongoing, and terms may still change.

The funding round is set to be led by Thrive Capital, Bloomberg earlier reported. Thrive declined to comment on the new valuation. Microsoft Corp., the company's biggest investor, is also poised to take part, while Apple Inc. and Nvidia Corp. have been discussing investments.

OpenAI isn't the first big tech startup to head to Wall Street banks for a revolving credit facility. A spate of technology companies, including Facebook Meta Platforms Inc., Alibaba Group Holding Ltd., Uber Technologies Inc. and DoorDash Inc., drawn on Wall Street for credit lines before a public offering, often in part to solidify relationships with banks. Historically, companies tend to reward banks that make big credit commitments with roles on their IPOs. In return, lenders sometimes offer better terms for financing.

Founded in 2015, OpenAI has been at the white-hot centre of the technology industry's rapid pivot to AI, with the release in 2022 of its user-friendly chatbot, ChatGPT, kicking off an investing frenzy. Its products, which generate realistic images and human-sounding text using only a few words of prompting, have captured the attention of both consumers and investors.

It is a far cry from the organisation it was upon inception. It briefly booted its Chief Executive Officer, Sam Altman, last year. Only a few of that founding team remain today, and the company has moved to revamp its board of directors, adding to the executive suite.

The financing will back the computing power needed as well as other operational expenses, said OpenAI Chief Financial Officer Sarah Friar in a note to employees last month, Bloomberg reported. In that note, she added that the startup is planning a tender offer for staff to sell some shares at the end of this year.

OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion, according to a report by Bloomberg. The new valuation, a figure that excludes the money being raised, is substantially higher than the $86 billion valuation from the company's tender offer earlier this year and cements its place as one of the most valuable startups in the world.

OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion, according to a report by Bloomberg. The new valuation, a figure that excludes the money being raised, is substantially higher than the $86 billion valuation from the company's tender offer earlier this year and cements its place as one of the most valuable startups in the world. The company is also in talks to secure $5 billion of debt from banks as part of a revolving credit facility, said one of the people, all of whom asked not to be identified because the information is private. The startup wouldn't comment. People close to the deal said the discussions are ongoing, and terms may still change. The funding round is set to be led by Thrive Capital, Bloomberg earlier reported. Thrive declined to comment on the new valuation. Microsoft Corp., the company's biggest investor, is also poised to take part, while Apple Inc. and Nvidia Corp. have been discussing investments. OpenAI isn't the first big tech startup to head to Wall Street banks for a revolving credit facility. A spate of technology companies, including Facebook Meta Platforms Inc., Alibaba Group Holding Ltd., Uber Technologies Inc. and DoorDash Inc., drawn on Wall Street for credit lines before a public offering, often in part to solidify relationships with banks. Historically, companies tend to reward banks that make big credit commitments with roles on their IPOs. In return, lenders sometimes offer better terms for financing. Founded in 2015, OpenAI has been at the white-hot centre of the technology industry's rapid pivot to AI, with the release in 2022 of its user-friendly chatbot, ChatGPT, kicking off an investing frenzy. Its products, which generate realistic images and human-sounding text using only a few words of prompting, have captured the attention of both consumers and investors. It is a far cry from the organisation it was upon inception. It briefly booted its Chief Executive Officer, Sam Altman, last year. Only a few of that founding team remain today, and the company has moved to revamp its board of directors, adding to the executive suite. The financing will back the computing power needed as well as other operational expenses, said OpenAI Chief Financial Officer Sarah Friar in a note to employees last month, Bloomberg reported. In that note, she added that the startup is planning a tender offer for staff to sell some shares at the end of this year.

OpenAI's fundraising poised to boost startup's valuation to $150 billion

Touted as a landmark move for the artificial intelligence sector, leading AI firms OpenAI and Anthropic have entered into agreements with the United States government aimed at advancing research, testing, and evaluation of artificial intelligence (AI) technologies, according to a report by Reuters. This collaboration underscores a growing recognition of the need for safe and ethical AI development, particularly as these technologies become increasingly integrated into various aspects of society.&nbsp;

The agreements, announced on August 29, 2024, represent a significant step forward in the relationship between the government and private artificial intelligence companies. As artificial intelligence technologies evolve rapidly, the need for rigorous testing and evaluation frameworks has become paramount. The partnerships will enable OpenAI and Anthropic to work closely with the US Artificial Intelligence Safety Institute, focusing on the assessment of AI capabilities and the identification of potential safety risks.&nbsp;

Brief description of Open AI and Anthropic&nbsp;

OpenAI is an American artificial intelligence (AI) research organisation founded in December 2015 and headquartered in San Francisco, California. Its mission is to develop "safe and beneficial" artificial general intelligence (AGI), which it defines as "highly autonomous systems that outperform humans at most economically valuable work".&nbsp;

As a leading organisation in the ongoing AI boom, OpenAI is known for the GPT family of large language models, the DALL-E series of text-to-image models, and a text-to-video model named Sora. Its release of ChatGPT in November 2022 has been credited with catalysing widespread interest in generative AI.&nbsp;

Further, Anthropic PBC is a US-based artificial intelligence (AI) startup public-benefit company founded in 2021. It researches and develops AI to "study their safety properties at the technological frontier" and uses this research to deploy safe, reliable models for the public. Anthropic has developed a family of large language models (LLMs) named Claude as a competitor to OpenAI's ChatGPT and Google's Gemini.

What are the key objectives of the partnership of these firms with the US government?&nbsp;

• Enhanced safety protocols: The primary goal of these partnerships is to establish robust safety protocols for AI systems. By collaborating with government agencies, both companies aim to create a framework that ensures AI technologies are developed and deployed responsibly.&nbsp;

• Research and development: The agreements facilitate joint research initiatives that will explore various aspects of AI, including its societal impacts and ethical considerations. This research is crucial for informing future regulatory frameworks and guiding best practices in AI deployment.&nbsp;

• Public trust and transparency: By engaging with government entities, OpenAI and Anthropic are taking proactive steps to build public trust in AI technologies. Transparency in AI development is essential for alleviating concerns about misuse and unintended consequences.&nbsp;

Navigating regulatory scrutiny&nbsp;

The timing of these agreements is particularly significant as both OpenAI and Anthropic face increasing regulatory scrutiny over the safe and ethical use of AI technologies. As governments worldwide grapple with the implications of AI, these partnerships position the companies as leaders in advocating for responsible AI practices.&nbsp;

What are the implications of this partnership for the AI industry?&nbsp;

The collaboration between OpenAI, Anthropic, and the US government could set a precedent for future partnerships in the AI sector. As the industry continues to grow, the establishment of clear safety standards and ethical guidelines will be critical for fostering innovation while mitigating risks.

Touted as a landmark move for the artificial intelligence sector, leading AI firms OpenAI and Anthropic have entered into agreements with the United States government aimed at advancing research, testing, and evaluation of artificial intelligence (AI) technologies, according to a report by Reuters.

Touted as a landmark move for the artificial intelligence sector, leading AI firms OpenAI and Anthropic have entered into agreements with the United States government aimed at advancing research, testing, and evaluation of artificial intelligence (AI) technologies, according to a report by Reuters. This collaboration underscores a growing recognition of the need for safe and ethical AI development, particularly as these technologies become increasingly integrated into various aspects of society. The agreements, announced on August 29, 2024, represent a significant step forward in the relationship between the government and private artificial intelligence companies. As artificial intelligence technologies evolve rapidly, the need for rigorous testing and evaluation frameworks has become paramount. The partnerships will enable OpenAI and Anthropic to work closely with the US Artificial Intelligence Safety Institute, focusing on the assessment of AI capabilities and the identification of potential safety risks. Brief description of Open AI and Anthropic OpenAI is an American artificial intelligence (AI) research organisation founded in December 2015 and headquartered in San Francisco, California. Its mission is to develop "safe and beneficial" artificial general intelligence (AGI), which it defines as "highly autonomous systems that outperform humans at most economically valuable work". As a leading organisation in the ongoing AI boom, OpenAI is known for the GPT family of large language models, the DALL-E series of text-to-image models, and a text-to-video model named Sora. Its release of ChatGPT in November 2022 has been credited with catalysing widespread interest in generative AI. Further, Anthropic PBC is a US-based artificial intelligence (AI) startup public-benefit company founded in 2021. It researches and develops AI to "study their safety properties at the technological frontier" and uses this research to deploy safe, reliable models for the public. Anthropic has developed a family of large language models (LLMs) named Claude as a competitor to OpenAI's ChatGPT and Google's Gemini. What are the key objectives of the partnership of these firms with the US government? • Enhanced safety protocols: The primary goal of these partnerships is to establish robust safety protocols for AI systems. By collaborating with government agencies, both companies aim to create a framework that ensures AI technologies are developed and deployed responsibly. • Research and development: The agreements facilitate joint research initiatives that will explore various aspects of AI, including its societal impacts and ethical considerations. This research is crucial for informing future regulatory frameworks and guiding best practices in AI deployment. • Public trust and transparency: By engaging with government entities, OpenAI and Anthropic are taking proactive steps to build public trust in AI technologies. Transparency in AI development is essential for alleviating concerns about misuse and unintended consequences. Navigating regulatory scrutiny The timing of these agreements is particularly significant as both OpenAI and Anthropic face increasing regulatory scrutiny over the safe and ethical use of AI technologies. As governments worldwide grapple with the implications of AI, these partnerships position the companies as leaders in advocating for responsible AI practices. What are the implications of this partnership for the AI industry? The collaboration between OpenAI, Anthropic, and the US government could set a precedent for future partnerships in the AI sector. As the industry continues to grow, the establishment of clear safety standards and ethical guidelines will be critical for fostering innovation while mitigating risks.

OpenAI and Anthropic partner with US government for cutting-edge AI research

On Friday, OpenAI announced that it had disabled accounts used by an Iranian group to generate content for influencing the US presidential elections and other issues using its ChatGPT chatbot.

Operation Storm-2035 used ChatGPT to generate content on topics ranging from commentating on the candidates on both sides in the US elections to conflict in Gaza and Israel's presence at the Olympic Games, which were subsequently posted on social media accounts and sites.

An investigation by the Microsoft-backed AI firm found that ChatGPT had penned long-form articles and shorter-form social media comments.

OpenAI said that the operation does not appear to have gained any meaningful engagement with its audience.

Most of the identified social media posts had few or no likes, shares, or comments, and it did not see any indications that web articles were shared on social media.

The accounts have been banned from using OpenAI services, and the activities are continuously monitored for further attempts at violating policies, it said.

A Microsoft threat-intelligence report earlier this month said that an Iranian network, Storm-2035, composed of four websites masquerading as news outlets, is actively engaging US voter groups on opposing ends of the political spectrum.

The engagement, according to the report, was built out through "polarising messaging on issues such as the US presidential candidates, LGBTQ rights, and the Israel-Hamas conflict.".

The Nov. 5 presidential election pits Democratic candidate Kamala Harris against Republican Donald Trump, both are locked in a tight race.

The AI firm said in May it had disrupted five covert influence operations that sought to use its models for "deceptive activity" across&nbsp;the&nbsp;internet.

On Friday, OpenAI announced that it had disabled accounts used by an Iranian group to generate content for influencing the US presidential elections and other issues using its ChatGPT chatbot.

On Friday, OpenAI announced that it had disabled accounts used by an Iranian group to generate content for influencing the US presidential elections and other issues using its ChatGPT chatbot. Operation Storm-2035 used ChatGPT to generate content on topics ranging from commentating on the candidates on both sides in the US elections to conflict in Gaza and Israel's presence at the Olympic Games, which were subsequently posted on social media accounts and sites. An investigation by the Microsoft-backed AI firm found that ChatGPT had penned long-form articles and shorter-form social media comments. OpenAI said that the operation does not appear to have gained any meaningful engagement with its audience. Most of the identified social media posts had few or no likes, shares, or comments, and it did not see any indications that web articles were shared on social media. The accounts have been banned from using OpenAI services, and the activities are continuously monitored for further attempts at violating policies, it said. A Microsoft threat-intelligence report earlier this month said that an Iranian network, Storm-2035, composed of four websites masquerading as news outlets, is actively engaging US voter groups on opposing ends of the political spectrum. The engagement, according to the report, was built out through "polarising messaging on issues such as the US presidential candidates, LGBTQ rights, and the Israel-Hamas conflict.". The Nov. 5 presidential election pits Democratic candidate Kamala Harris against Republican Donald Trump, both are locked in a tight race. The AI firm said in May it had disrupted five covert influence operations that sought to use its models for "deceptive activity" across the internet.

OpenAI shuts Iranian group's ChatGPT accounts over alleged attempts to influence US election

Deepfakes of pop star Taylor Swift and US presidential candidate Kamala Harris in lingerie. Republican presidential contender Donald Trump riding a plane to the World Trade Center, evoking the 9/11 terror attack. Hitler memes using Disney characters. These are some of the images thrown up by Elon Musk's new AI chat app Grok, which rolled out its text-to-image tool on Wednesday (Aug 14).

This is raising concerns about the proper use of AI, particularly its text-to-image apps which are all the rage these days.

Grok, the AI chat app by Musk, is a rival to ChatGPT and appears to have no checking mechanism that would refuse to execute prompts for images on controversial, explicit or offensive subjects.

WATCH: X's AI Chatbot Grok under fire for false ballot deadlines

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&nbsp;

The text-to-image feature is restricted to paid subscribers of X, the social media platform owned by Musk.

<h2>What all did Grok image generator tool produce?</h2>

It appeared that Grok allows violent, explicit and offensive content prompts.

According to a report in The Guardian, the offensive images generated by Grok included Prophet Muhammad holding a bomb as well as lingerie photos featuring&nbsp;Taylor Swift, Kamala Harris and Democratic Congresswoman Alexandria Ocasio-Cortez.

Also read: <a href="https://www.wionews.com/technology/explained-what-gives-elon-musks-funny-chatbot-grok-an-edge-over-its-rivals-656515">Explained | What gives Elon Musk's funny chatbot Grok an edge over its rivals?</a>

ChatGPT, on the other hand, would reject prompts for such images&nbsp;citing its terms of service that prohibit depictions of real-world violence, disrespect to religious figures and explicit content.

The test by the British newspaper also showed that Grok appears to be ready to generate images based on copyrighted characters, with some minor tweaks in the prompts. These included a pic of Disney character Mickey Mouse saluting German Nazi leader Adolf Hitler, and Donald Duck using heroin.

Also read: <a href="https://www.wionews.com/trending/friendly-fire-elon-musks-ai-chatbot-grok-roasts-him-calls-the-billionaire-overrated-663286">'Friendly fire': Elon Musk's AI chatbot 'Grok' roasts him, calls him 'overrated'. Billionaire concurs</a> 
&nbsp;

When asked to create images of political violence, The Guardian report said,&nbsp;Grok showed "Trump lying down with blackened hands and an explosion behind."

The Guardian test found that the Grok image generation chatbot lacked "most of the safety guardrails that have become standard within the artificial intelligence industry."

Grok did reject requests to produce nude images.

Musk has been promoting Grok image generator on X, the social media platform he owns.

In a post on X, Musk described Grok image generator as the most fun AI in the world. He also shared several images generated by others using Grok.

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Grok is the most fun AI in the world! <a href="https://t.co/5ZS2iDkwim">https://t.co/5ZS2iDkwim</a>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1823761547031937072?ref_src=twsrc%5Etfw">August 14, 2024</a></blockquote>
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<h2>What is Grok AI?</h2>

Grok is a chatbot that uses Large Language Model or (LLM). The generative AI chatbot, developed by Musk's xAI, was seen as a direct challenge to ChatGPT when Musk announced its launch in November 2023.

Musk himself was a co-founder of ChatGPI parent OpenAI, before leaving it.

(With inputs from agencies) 
&nbsp;

Deepfakes of pop star Taylor Swift and US presidential candidate Kamala Harris in lingerie. Republican presidential contender Donald Trump riding a plane to the World Trade Center, evoking the 9/11 terror attack.

Deepfakes of pop star Taylor Swift and US presidential candidate Kamala Harris in lingerie. Republican presidential contender Donald Trump riding a plane to the World Trade Center, evoking the 9/11 terror attack. Hitler memes using Disney characters. These are some of the images thrown up by Elon Musk's new AI chat app Grok, which rolled out its text-to-image tool on Wednesday (Aug 14). This is raising concerns about the proper use of AI, particularly its text-to-image apps which are all the rage these days. Grok, the AI chat app by Musk, is a rival to ChatGPT and appears to have no checking mechanism that would refuse to execute prompts for images on controversial, explicit or offensive subjects. WATCH: X's AI Chatbot Grok under fire for false ballot deadlines × The text-to-image feature is restricted to paid subscribers of X, the social media platform owned by Musk. What all did Grok image generator tool produce? It appeared that Grok allows violent, explicit and offensive content prompts. According to a report in The Guardian, the offensive images generated by Grok included Prophet Muhammad holding a bomb as well as lingerie photos featuring Taylor Swift, Kamala Harris and Democratic Congresswoman Alexandria Ocasio-Cortez. Also read: Explained | What gives Elon Musk's funny chatbot Grok an edge over its rivals? ChatGPT, on the other hand, would reject prompts for such images citing its terms of service that prohibit depictions of real-world violence, disrespect to religious figures and explicit content. The test by the British newspaper also showed that Grok appears to be ready to generate images based on copyrighted characters, with some minor tweaks in the prompts. These included a pic of Disney character Mickey Mouse saluting German Nazi leader Adolf Hitler, and Donald Duck using heroin. Also read: 'Friendly fire': Elon Musk's AI chatbot 'Grok' roasts him, calls him 'overrated'. Billionaire concurs When asked to create images of political violence, The Guardian report said, Grok showed "Trump lying down with blackened hands and an explosion behind." The Guardian test found that the Grok image generation chatbot lacked "most of the safety guardrails that have become standard within the artificial intelligence industry." Grok did reject requests to produce nude images. Musk has been promoting Grok image generator on X, the social media platform he owns. In a post on X, Musk described Grok image generator as the most fun AI in the world. He also shared several images generated by others using Grok. Grok is the most fun AI in the world! https://t.co/5ZS2iDkwim — Elon Musk (@elonmusk) August 14, 2024 × What is Grok AI? Grok is a chatbot that uses Large Language Model or (LLM). The generative AI chatbot, developed by Musk's xAI, was seen as a direct challenge to ChatGPT when Musk announced its launch in November 2023. Musk himself was a co-founder of ChatGPI parent OpenAI, before leaving it. (With inputs from agencies)

Grok or Gross? Elon Musk's new AI photo tool generates deepfakes of Taylor Swift, Kamala Harris

Former Google CEO Eric Schmidt has blamed 'work from home' as the reason for the company's lagging performance in the artificial intelligence (AI) race.&nbsp;Schmidt said the search engine giant had let go of its lead in the field after it started prioritising work-life balance and remote working.

Schmidt led Google as the CEO between 2001 and 2011 and later as executive chairperson until 2015. He has repeatedly raised concerns over the remote work culture prevalent in the industry after the COVID-19 pandemic.

"Google decided that work-life balance and going home early and working from home was more important than winning. And the reason the startups work is because the people work like hell,"&nbsp;Schmidt said in a video going viral on social media.&nbsp;

"I'm sorry to be so blunt, but the fact of the matter is, if you all leave the university and go found a company, you're not going to let people work from home and only come in one day a week if you want to compete against the other startups," Schmidt added.

<a href="https://www.wionews.com/videos/google-blames-ai-for-its-carbon-emissions-wion-tech-it-out-738588">Watch |&nbsp;Google blames AI for its carbon emissions | WION Tech It Out</a>

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<h2>'Always the employees fault'</h2>

However,&nbsp;Schmidt's statement did not go down well with the netizens who slammed him for being myopic in his worldview, especially when Google was facing other issues.&nbsp;

One of the users said: "They are losing because they embraced bureaucracy and politics a long time ago. They actively hate half their customers and product is not the first thing on their minds."

"But nothing about how Google stopped innovating and is now being run by MBA’s who can’t innovate out of a paper bag," another commented, while a third added: "Amazing how the fault is always the employees no, never the VPs, never the guys that are on the top of the pyramid."

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Former Google CEO, Eric Schmidt, told Stanford students earlier this week that Open AI is beating Google in artificial intelligence because “Google decided that work-life balance and going home early and working from home was more important than winning”😬<a href="https://t.co/Ej5ZYXBuXb">pic.twitter.com/Ej5ZYXBuXb</a>
— Dare Obasanjo🐀 (@Carnage4Life) <a href="https://twitter.com/Carnage4Life/status/1823863193955131683?ref_src=twsrc%5Etfw">August 14, 2024</a></blockquote>
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<a href="https://www.wionews.com/trending/did-not-working-past-6-pm-cost-starbucks-ceo-narasimhan-his-job-internet-speculates-749998">Also read |&nbsp;Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates</a>

While Schmidt had a go at his former company, reports state that Google mandates its employees to come to the office three days in a five-day workweek. Additionally, the company has started closely monitoring office attendance to give annual appraisals.&nbsp;

(With inputs from agencies)

Former Google CEO Eric Schmidt has blamed 'work from home' as the reason for the company's lagging performance in the artificial intelligence (AI) race. Schmidt said the search engine giant had let go of its lead in the field after it started prioritising work-life balance and remote working.

Former Google CEO Eric Schmidt has blamed 'work from home' as the reason for the company's lagging performance in the artificial intelligence (AI) race. Schmidt said the search engine giant had let go of its lead in the field after it started prioritising work-life balance and remote working. Schmidt led Google as the CEO between 2001 and 2011 and later as executive chairperson until 2015. He has repeatedly raised concerns over the remote work culture prevalent in the industry after the COVID-19 pandemic. "Google decided that work-life balance and going home early and working from home was more important than winning. And the reason the startups work is because the people work like hell," Schmidt said in a video going viral on social media. "I'm sorry to be so blunt, but the fact of the matter is, if you all leave the university and go found a company, you're not going to let people work from home and only come in one day a week if you want to compete against the other startups," Schmidt added. Watch | Google blames AI for its carbon emissions | WION Tech It Out × 'Always the employees fault' However, Schmidt's statement did not go down well with the netizens who slammed him for being myopic in his worldview, especially when Google was facing other issues. One of the users said: "They are losing because they embraced bureaucracy and politics a long time ago. They actively hate half their customers and product is not the first thing on their minds." "But nothing about how Google stopped innovating and is now being run by MBA’s who can’t innovate out of a paper bag," another commented, while a third added: "Amazing how the fault is always the employees no, never the VPs, never the guys that are on the top of the pyramid." Former Google CEO, Eric Schmidt, told Stanford students earlier this week that Open AI is beating Google in artificial intelligence because “Google decided that work-life balance and going home early and working from home was more important than winning”😬pic.twitter.com/Ej5ZYXBuXb — Dare Obasanjo🐀 (@Carnage4Life) August 14, 2024 × Also read | Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates While Schmidt had a go at his former company, reports state that Google mandates its employees to come to the office three days in a five-day workweek. Additionally, the company has started closely monitoring office attendance to give annual appraisals. (With inputs from agencies)

Ex-Google CEO blames 'work from home' for company losing in AI race. Netizens school him

Elon Musk revived a lawsuit on Monday against OpenAI, accusing its co-founders Sam Altman and Greg Brockman of betraying the artificial intelligence company's founding mission.

The case against ChatGPT maker OpenAI is "a textbook tale of altruism versus greed," the complaint filed in a federal court in California alleges.

"The perfidy and deceit are of Shakespearean proportions."

The filing of the complaint by the billionaire Tesla and SpaceX co-founder comes nearly two months after he abruptly withdrew a similar suit against OpenAI, Altman and Brockman.

Musk, who left the San Francisco-based OpenAI in 2018, accuses them in the latest complaint of fraud, conspiracy and false advertising.

He said he originally invested in OpenAI in 2015 with the understanding that it would be a non-profit, but Altman "manipulated and deceived" him, eventually joining forces with software giant Microsoft.

"Altman assured Musk that the non-profit structure guaranteed neutrality and a focus on safety and openness for the benefit of humanity, not shareholder value," the suit says. "But as it turns out, this was all hot-air philanthropy -- the hook for Altman's long con.

"The resulting OpenAI network, in which Altman and Microsoft hold significant interests, was recently valued at a staggering $100 billion," the suit says.

"As a result of their unlawful actions, Defendants have been unjustly enriched to the tune of billions of dollars in value, while Musk, who co-founded their de-facto for-profit start-up, has been conned along with the public."

OpenAI captured the public's imagination in late 2022 with the release of ChatGPT, which can generate poems and essays and even succeed in exams. The firm has also developed image and video generating tools that are seen as leaders in the field.

Microsoft, a major investor in OpenAI since 2019, poured billions more into the firm last year.

And the software giant stepped in when OpenAI's board fired CEO Altman in November, hiring him and offering to house any staff members who were unhappy with his ousting.

The OpenAI board reversed course as dissent soared in the company, reinstating Altman and replacing several board members.

Since leaving OpenAI, Musk has joined the chorus of critics warning that artificial intelligence could spell the end for humanity.

He launched his own AI firm, xAI, last year.

Musk is seeking a jury trial and unspecified damages.

Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION&nbsp;audience. 
&nbsp;

Elon Musk revived a lawsuit on Monday against OpenAI, accusing its co-founders Sam Altman and Greg Brockman of betraying the artificial intelligence company's founding mission.

Elon Musk revived a lawsuit on Monday against OpenAI, accusing its co-founders Sam Altman and Greg Brockman of betraying the artificial intelligence company's founding mission. The case against ChatGPT maker OpenAI is "a textbook tale of altruism versus greed," the complaint filed in a federal court in California alleges. "The perfidy and deceit are of Shakespearean proportions." The filing of the complaint by the billionaire Tesla and SpaceX co-founder comes nearly two months after he abruptly withdrew a similar suit against OpenAI, Altman and Brockman. Musk, who left the San Francisco-based OpenAI in 2018, accuses them in the latest complaint of fraud, conspiracy and false advertising. He said he originally invested in OpenAI in 2015 with the understanding that it would be a non-profit, but Altman "manipulated and deceived" him, eventually joining forces with software giant Microsoft. "Altman assured Musk that the non-profit structure guaranteed neutrality and a focus on safety and openness for the benefit of humanity, not shareholder value," the suit says. "But as it turns out, this was all hot-air philanthropy -- the hook for Altman's long con. "The resulting OpenAI network, in which Altman and Microsoft hold significant interests, was recently valued at a staggering $100 billion," the suit says. "As a result of their unlawful actions, Defendants have been unjustly enriched to the tune of billions of dollars in value, while Musk, who co-founded their de-facto for-profit start-up, has been conned along with the public." OpenAI captured the public's imagination in late 2022 with the release of ChatGPT, which can generate poems and essays and even succeed in exams. The firm has also developed image and video generating tools that are seen as leaders in the field. Microsoft, a major investor in OpenAI since 2019, poured billions more into the firm last year. And the software giant stepped in when OpenAI's board fired CEO Altman in November, hiring him and offering to house any staff members who were unhappy with his ousting. The OpenAI board reversed course as dissent soared in the company, reinstating Altman and replacing several board members. Since leaving OpenAI, Musk has joined the chorus of critics warning that artificial intelligence could spell the end for humanity. He launched his own AI firm, xAI, last year. Musk is seeking a jury trial and unspecified damages. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Musk sues OpenAI: Claims 'Shakespearean' betrayal by Altman and Brockman

Elon Musk filed another lawsuit against OpenAI and its chief executive, Sam Altman, over concerns that the company is prioritising profits and business interests over public welfare.

The move is the most recent attempt by Musk to counter an organisation he had helped establish back in 2015.

According to Musk, right after OpenAI's technology succeeded in revolutionising AI that is generative, Altman turned the narrative around and started cashing on it.

The suit also seeks relief in the form of a judicial declaration that OpenAI's license to Microsoft to use its AI models is void and of no force and effect.

He argues that OpenAI's language models are outside the scope of the company's partnership with Microsoft.

In a licensing deal, Microsoft invested billions of dollars into OpenAI in return for the right to utilise its large language models for computing services.

Neither OpenAI nor Musk replied in time to Reuters' request for comments.

In June, Musk dropped an earlier lawsuit against OpenAI and Altman for deviating from the startup's mission at the time of its founding, which was to create AI for the betterment of humanity.

Musk's attorneys had asked the California state court to dismiss the suit, which had been filed in February, without specifying the reason.

The February lawsuit alleged that OpenAI's founders had agreed early on to develop AI in a way that would "benefit humanity," opening renewed legal action by Musk reflects his continued unease over the direction OpenAI has gone since its founding.

Elon Musk filed another lawsuit against OpenAI and its chief executive, Sam Altman, over concerns that the company is prioritising profits and business interests over public welfare.

Elon Musk filed another lawsuit against OpenAI and its chief executive, Sam Altman, over concerns that the company is prioritising profits and business interests over public welfare. The move is the most recent attempt by Musk to counter an organisation he had helped establish back in 2015. According to Musk, right after OpenAI's technology succeeded in revolutionising AI that is generative, Altman turned the narrative around and started cashing on it. The suit also seeks relief in the form of a judicial declaration that OpenAI's license to Microsoft to use its AI models is void and of no force and effect. He argues that OpenAI's language models are outside the scope of the company's partnership with Microsoft. In a licensing deal, Microsoft invested billions of dollars into OpenAI in return for the right to utilise its large language models for computing services. Neither OpenAI nor Musk replied in time to Reuters' request for comments. In June, Musk dropped an earlier lawsuit against OpenAI and Altman for deviating from the startup's mission at the time of its founding, which was to create AI for the betterment of humanity. Musk's attorneys had asked the California state court to dismiss the suit, which had been filed in February, without specifying the reason. The February lawsuit alleged that OpenAI's founders had agreed early on to develop AI in a way that would "benefit humanity," opening renewed legal action by Musk reflects his continued unease over the direction OpenAI has gone since its founding.

Elon Musk revives lawsuit against OpenAI and CEO Sam Altman

As per a recent report, executives from Google, Netflix, and OpenAI are planning a fundraiser for Harris in Washington, DC, later this month.

A Business Insider report suggests that an important event is set for August 27, right as the US election campaigns gain momentum before the November finale.

As per the report, the organising committee includes policy leaders from Google, Netflix, and OpenAI, as well as high-ranking members from JPMorgan, McKinsey &amp; Company, and the Omidyar Network, which was founded by eBay's Pierre Omidyar.

The substantial support from the tech industry may be a calculated move to offset the endorsements that Republican nominee Donald Trump has received from prominent tech titans, including Elon Musk of SpaceX and Tesla, Peter Thiel, the co-founder of Palantir, the Winklevoss twins, John Paulson, and others.&nbsp;

Furthermore, Silicon Valley's stance could be further influenced by Trump's choice for vice president, Ohio Senator JD Vance, a former venture investor with connections to the IT and cryptocurrency industries.

Watch |&nbsp;<a href="https://www.wionews.com/videos/bezos-leads-134bn-rich-list-loss-746981">Bezos leads $134bn rich list loss</a>

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Amid accusations that Google is manipulating search results in favour of Kamala Harris over Donald Trump and the #cancelNetflix movement—sparked by Netflix's $7 million contribution to a super PAC backing Harris—the Vice President's campaign appears to be gaining traction in Silicon Valley.

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When Joe Biden announced he was stepping down, LinkedIn co-founder Reid Hoffman quickly showed his support for Kamala Harris. Earlier, prominent Democratic donors hesitated to support Biden for a second term because of worries about his public mistakes and mental sharpness. But attitudes changed when Harris entered the race.

Soon after, Netflix co-founder Reed Hastings also endorsed Harris and donated $7 million to her campaign following former President Barack Obama’s endorsement.

On the same day, a new site called "VCs for Kamala" was launched, listing over a hundred venture capitalists who have pledged their support and financial backing for her, according to Business Insider.

According to the report, Josh Hsu, who was once Harris's senior White House lawyer, and Rohini Kosoglu, a former vice president's domestic policy advisor, would also be present at the August fundraiser.

(With inputs from agencies)

As per a recent report, executives from Google, Netflix, and OpenAI are planning a fundraiser for Harris in Washington, DC, later this month. A Business Insider report suggests that an important event is set for August 27, right as the US election campaigns gain momentum before the November finale.

As per a recent report, executives from Google, Netflix, and OpenAI are planning a fundraiser for Harris in Washington, DC, later this month. A Business Insider report suggests that an important event is set for August 27, right as the US election campaigns gain momentum before the November finale. As per the report, the organising committee includes policy leaders from Google, Netflix, and OpenAI, as well as high-ranking members from JPMorgan, McKinsey & Company, and the Omidyar Network, which was founded by eBay's Pierre Omidyar. The substantial support from the tech industry may be a calculated move to offset the endorsements that Republican nominee Donald Trump has received from prominent tech titans, including Elon Musk of SpaceX and Tesla, Peter Thiel, the co-founder of Palantir, the Winklevoss twins, John Paulson, and others. Furthermore, Silicon Valley's stance could be further influenced by Trump's choice for vice president, Ohio Senator JD Vance, a former venture investor with connections to the IT and cryptocurrency industries. Watch | Bezos leads $134bn rich list loss × Amid accusations that Google is manipulating search results in favour of Kamala Harris over Donald Trump and the #cancelNetflix movement—sparked by Netflix's $7 million contribution to a super PAC backing Harris—the Vice President's campaign appears to be gaining traction in Silicon Valley. Also read: Body recovered of Indian techie who drowned in Montana's Glacier National Park When Joe Biden announced he was stepping down, LinkedIn co-founder Reid Hoffman quickly showed his support for Kamala Harris. Earlier, prominent Democratic donors hesitated to support Biden for a second term because of worries about his public mistakes and mental sharpness. But attitudes changed when Harris entered the race. Soon after, Netflix co-founder Reed Hastings also endorsed Harris and donated $7 million to her campaign following former President Barack Obama’s endorsement. On the same day, a new site called "VCs for Kamala" was launched, listing over a hundred venture capitalists who have pledged their support and financial backing for her, according to Business Insider. According to the report, Josh Hsu, who was once Harris's senior White House lawyer, and Rohini Kosoglu, a former vice president's domestic policy advisor, would also be present at the August fundraiser. (With inputs from agencies)

Tech giants Google, Netflix, OpenAI to organise high-stakes fundraiser for Kamala Harris: Report

OpenAI is working on a project code-named 'Strawberry' that aims to work on a new approach to AI models. AI is already making information accessible and Equipment smarter but according to sources, the next big leap in the AI models are going to be its capability of reasoning.

OpenAI's secret project 'strawberry' aims to provide advanced reasoning capabilities

Chinese developers will no longer be able to rely on Artificial Intelligence market leader ChatGPT. Starting July 9, OpenAI will block users in China from accessing its tools and services.&nbsp;

While OpenAI's ChatGPT was already restricted by China's firewall, developers could previously use VPNs to leverage OpenAI's tools for fine-tuning their AI applications and conducting research.&nbsp;

"We are taking additional steps to block API traffic from regions where we do not support access to OpenAI’s services," an OpenAI spokesperson told Bloomberg last month.

This latest block, originating from OpenAI rather than the Chinese government, is poised to have substantial effects on the AI landscape in China.

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<h2>Rising tensions and technology restrictions</h2>

OpenAI, as per the Guardian, has not elaborated on the reason behind this block. However, this move by OpenAI follows rising tensions between Washington and Beijing, with the US imposing restrictions on the export of advanced semiconductors vital for AI technology training.

<h2>Impact on China's AI community</h2>

The Chinese AI community has expressed "significant concern" over OpenAI's decision,&nbsp; Xiaohu Zhu, founder of the Shanghai-based Centre for Safe AGI, told the Guardian.

He said that "the decision raises questions about equitable access to AI technologies globally."

However, the move also presents opportunities for Chinese AI firms like SenseTime, Baidu, Zhipu AI, and Tencent Cloud.

As per the report, following chatter about the block, these companies started offering free tokens and migration services to attract former OpenAI users.

Also read |&nbsp;<a href="https://www.wionews.com/business-economy/chinese-brands-surge-on-amazon-redefining-online-shopping-739227">Chinese brands surge on Amazon, redefining online shopping</a>

While Baidu is offering 50m free tokens as well as free migration services, ZhipuAI, a local company, offered 150m free tokens for its model. Tencent Cloud meanwhile is giving away 100m free tokens to new users till the end of this month (July).

"Competitors are offering migration pathways for former OpenAI users, seeing this as an opportunity to expand their user base," explained Zhu.

OpenAI's exit may help accelerate the development of Chinese AI companies, which are already in tight competition with US counterparts. China hosts around 130 large language models, accounting for 40 per cent of the global total. While US companies lead in generative AI innovation, Chinese firms have been embroiled in a price war that might affect their profit margins and innovation capacity.

Nonetheless, experts like Winston Ma of New York University suggest that this situation comes "at a time when Chinese big tech players are closing on performance gap with OpenAI and are offering these Chinese LLM models essentially free."

"OpenAI’s departure is a short-term shock to the China market, but it may provide a long-term opportunity for Chinese domestic LLM models to be put to the real test," he added.

(With inputs from agencies)

Chinese developers will no longer be able to rely on Artificial Intelligence market leader ChatGPT. Starting July 9, OpenAI will block users in China from accessing its tools and services.

Chinese developers will no longer be able to rely on Artificial Intelligence market leader ChatGPT. Starting July 9, OpenAI will block users in China from accessing its tools and services. While OpenAI's ChatGPT was already restricted by China's firewall, developers could previously use VPNs to leverage OpenAI's tools for fine-tuning their AI applications and conducting research. "We are taking additional steps to block API traffic from regions where we do not support access to OpenAI’s services," an OpenAI spokesperson told Bloomberg last month. This latest block, originating from OpenAI rather than the Chinese government, is poised to have substantial effects on the AI landscape in China. Also read | UK faces fiscal tightrope: IMF urges reforms amid high debt Rising tensions and technology restrictions OpenAI, as per the Guardian, has not elaborated on the reason behind this block. However, this move by OpenAI follows rising tensions between Washington and Beijing, with the US imposing restrictions on the export of advanced semiconductors vital for AI technology training. Impact on China's AI community The Chinese AI community has expressed "significant concern" over OpenAI's decision, Xiaohu Zhu, founder of the Shanghai-based Centre for Safe AGI, told the Guardian. He said that "the decision raises questions about equitable access to AI technologies globally." However, the move also presents opportunities for Chinese AI firms like SenseTime, Baidu, Zhipu AI, and Tencent Cloud. As per the report, following chatter about the block, these companies started offering free tokens and migration services to attract former OpenAI users. Also read | Chinese brands surge on Amazon, redefining online shopping While Baidu is offering 50m free tokens as well as free migration services, ZhipuAI, a local company, offered 150m free tokens for its model. Tencent Cloud meanwhile is giving away 100m free tokens to new users till the end of this month (July). "Competitors are offering migration pathways for former OpenAI users, seeing this as an opportunity to expand their user base," explained Zhu. OpenAI's exit may help accelerate the development of Chinese AI companies, which are already in tight competition with US counterparts. China hosts around 130 large language models, accounting for 40 per cent of the global total. While US companies lead in generative AI innovation, Chinese firms have been embroiled in a price war that might affect their profit margins and innovation capacity. Nonetheless, experts like Winston Ma of New York University suggest that this situation comes "at a time when Chinese big tech players are closing on performance gap with OpenAI and are offering these Chinese LLM models essentially free." "OpenAI’s departure is a short-term shock to the China market, but it may provide a long-term opportunity for Chinese domestic LLM models to be put to the real test," he added. (With inputs from agencies)

OpenAI cuts off China from ChatGPT and AI services

A report reveals a hacker accessed OpenAI's internal systems last year, stealing AI design details. The breach did not compromise core systems or sensitive information. Watch in for more details!

Hacker breaches OpenAI's messaging systems, steals AI design details

OpenAI's internal messaging systems were reportedly hacked last year, which led to the design of its AI tech being stolen. The ChatGPT-maker had informed its employees and board about the hack but kept the information from the public.

OpenAI faces internal messaging system breach by hackers

Take a look at all the news from the world of technology: Open AI to block access to tools for Chinese developers from July. Biden admin investigates Chinese firms in US for data security risks. India's telecom regulator issues new guidelines to tackle spam calls & messages. Watch in for more details!

India: Telecom regulator issues new guidelines to tackle spam calls & messages

Apple has unveiled a host of AI features to its devices. With the tech firm making a late entry into the AI space, will the integration of artificial intelligence technology prove to be a game changer for the Cupertino-based company? Will Apple be able to give tough competition to its rivals? Watch this story for more details.

Gravitas | Apple's AI gamble: Game changer or privacy nightmare?

OpenAI announced on Monday that Sarah Friar, the former CEO of social media giant Nextdoor, has been named its first chief financial officer. Kevin Weil, a seasoned technology executive, has also been named chief product officer by the artificial intelligence business.<o:p></o:p>

<h2 class="MsoNormal">Strategic appointments to drive growth<o:p></o:p></h2>

OpenAI, a renowned artificial intelligence company, has expanded its executive team with the additions of Sarah Friar and Kevin Weil. Friar, who has previously served as CFO at Square and a board member at Walmart, will now oversee OpenAI's financial strategy. Weil, who has previously worked for Twitter, Facebook, and Instagram, will supervise product development.<o:p></o:p>

"Sarah and Kevin bring a depth of experience that will enable OpenAI to scale our operations, set a strategy for the next phase of growth, and ensure that our teams have the resources they need to continue to thrive," said Sam Altman, CEO of OpenAI, in a statement.<o:p></o:p>

<h2 class="MsoNormal">Leadership changes follow Sutskever's departure<o:p></o:p></h2>

These appointments follow substantial leadership changes at OpenAI. Ilya Sutskever, co-founder, and chief scientist, left in May and was replaced by Jakub Pachocki, who previously commanded the research division and oversaw the development of important projects such as GPT-4 and OpenAI Five. Sutskever's departure follows his controversial involvement in the dismissal and rehiring of CEO Sam Altman last November, which was quickly reversed due to employee outcry.<o:p></o:p>

<h2 class="MsoNormal">A seasoned team to navigate future challenges<o:p></o:p></h2>

Friar's significant experience in financial management and planning will be critical for OpenAI as it grows. Her experience at Goldman Sachs, McKinsey, and Salesforce complements her impressive portfolio. Weil's experience in product management at large social media firms qualifies him to lead innovation at OpenAI.<o:p></o:p>

<h2 class="MsoNormal">Strengthening the board of directors<o:p></o:p></h2>

Earlier this year, OpenAI expanded its board of directors to include influential figures such as Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, Nicole Seligman, former president of Sony Entertainment, and Fidji Simo, CEO of Instacart. These appointments demonstrate OpenAI's commitment to effective governance and strategic oversight.<o:p></o:p>

(With inputs from Agencies)<o:p></o:p>

OpenAI announced on Monday that Sarah Friar, the former CEO of social media giant Nextdoor, has been named its first chief financial officer. Kevin Weil, a seasoned technology executive, has also been named chief product officer by the artificial intelligence business.

OpenAI announced on Monday that Sarah Friar, the former CEO of social media giant Nextdoor, has been named its first chief financial officer. Kevin Weil, a seasoned technology executive, has also been named chief product officer by the artificial intelligence business. Strategic appointments to drive growth OpenAI, a renowned artificial intelligence company, has expanded its executive team with the additions of Sarah Friar and Kevin Weil. Friar, who has previously served as CFO at Square and a board member at Walmart, will now oversee OpenAI's financial strategy. Weil, who has previously worked for Twitter, Facebook, and Instagram, will supervise product development. "Sarah and Kevin bring a depth of experience that will enable OpenAI to scale our operations, set a strategy for the next phase of growth, and ensure that our teams have the resources they need to continue to thrive," said Sam Altman, CEO of OpenAI, in a statement. Leadership changes follow Sutskever's departure These appointments follow substantial leadership changes at OpenAI. Ilya Sutskever, co-founder, and chief scientist, left in May and was replaced by Jakub Pachocki, who previously commanded the research division and oversaw the development of important projects such as GPT-4 and OpenAI Five. Sutskever's departure follows his controversial involvement in the dismissal and rehiring of CEO Sam Altman last November, which was quickly reversed due to employee outcry. A seasoned team to navigate future challenges Friar's significant experience in financial management and planning will be critical for OpenAI as it grows. Her experience at Goldman Sachs, McKinsey, and Salesforce complements her impressive portfolio. Weil's experience in product management at large social media firms qualifies him to lead innovation at OpenAI. Strengthening the board of directors Earlier this year, OpenAI expanded its board of directors to include influential figures such as Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, Nicole Seligman, former president of Sony Entertainment, and Fidji Simo, CEO of Instacart. These appointments demonstrate OpenAI's commitment to effective governance and strategic oversight. (With inputs from Agencies)

OpenAI appoints Sarah Friar as first CFO amid leadership reshuffle

<h2 class="MsoNormal">Musk deems Apple’s OpenAI partnership a security violation<o:p></o:p></h2>

Elon Musk, a billionaire entrepreneur, announced on Monday that if Apple integrates OpenAI at the operating system level, he will prohibit their gadgets from his firms. Musk, CEO of Tesla, SpaceX, and social networking platform X, described the action as "an unacceptable security violation."<o:p></o:p>

<h2 class="MsoNormal">Concerns over data privacy<o:p></o:p></h2>

Musk clarified on his stance in a post on X, saying, "And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage." This strong declaration comes on the heels of Apple's unveiling of new AI functionality in its apps and operating systems, developed in collaboration with OpenAI. The tech behemoth claims that these AI integrations have privacy "at their core," leveraging a mix of on-device processing and cloud computing.<o:p></o:p>

Musk was sceptical, stating, "It's patently absurd that Apple isn't smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security &amp; privacy!"<o:p></o:p>

<h2 class="MsoNormal">Industry response and scepticism<o:p></o:p></h2>

Industry experts were eager to respond to Musk's contentious viewpoint. Ben Bajarin, CEO of Creative Strategies, believes Musk's restriction is unlikely to receive widespread support. Bajarin explained, "Apple is attempting to teach consumers that the private cloud is just as secure as storing data on a device. Apple rarely sees that (data)."<o:p></o:p>

<h2 class="MsoNormal">Musk’s history with OpenAI<o:p></o:p></h2>

Musk's criticism of OpenAI is not new. The entrepreneur co-founded OpenAI in 2015 but sued the organisation and its CEO, Sam Altman, earlier this year, alleging that they had deviated from the original mission to develop AI for the benefit of humanity. Musk has since launched his own AI venture, xAI, as a direct competitor to OpenAI's ChatGPT.<o:p></o:p>

<h2 class="MsoNormal">xAI’s ambitious growth<o:p></o:p></h2>

Musk's xAI, which intends to provide an alternative to ChatGPT, has grown rapidly. The firm was valued at $24 billion during its most recent investment round, which included $6 billion in series B funding. This rapid growth demonstrates Musk's determination to lead the AI innovation race.<o:p></o:p>

(With inputs from Agencies)<o:p></o:p>

Musk deems Apple’s OpenAI partnership a security violation Elon Musk, a billionaire entrepreneur, announced on Monday that if Apple integrates OpenAI at the operating system level, he will prohibit their gadgets from his firms.

Musk deems Apple’s OpenAI partnership a security violation Elon Musk, a billionaire entrepreneur, announced on Monday that if Apple integrates OpenAI at the operating system level, he will prohibit their gadgets from his firms. Musk, CEO of Tesla, SpaceX, and social networking platform X, described the action as "an unacceptable security violation." Concerns over data privacy Musk clarified on his stance in a post on X, saying, "And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage." This strong declaration comes on the heels of Apple's unveiling of new AI functionality in its apps and operating systems, developed in collaboration with OpenAI. The tech behemoth claims that these AI integrations have privacy "at their core," leveraging a mix of on-device processing and cloud computing. Musk was sceptical, stating, "It's patently absurd that Apple isn't smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!" Industry response and scepticism Industry experts were eager to respond to Musk's contentious viewpoint. Ben Bajarin, CEO of Creative Strategies, believes Musk's restriction is unlikely to receive widespread support. Bajarin explained, "Apple is attempting to teach consumers that the private cloud is just as secure as storing data on a device. Apple rarely sees that (data)." Musk’s history with OpenAI Musk's criticism of OpenAI is not new. The entrepreneur co-founded OpenAI in 2015 but sued the organisation and its CEO, Sam Altman, earlier this year, alleging that they had deviated from the original mission to develop AI for the benefit of humanity. Musk has since launched his own AI venture, xAI, as a direct competitor to OpenAI's ChatGPT. xAI’s ambitious growth Musk's xAI, which intends to provide an alternative to ChatGPT, has grown rapidly. The firm was valued at $24 billion during its most recent investment round, which included $6 billion in series B funding. This rapid growth demonstrates Musk's determination to lead the AI innovation race. (With inputs from Agencies)

Elon Musk threatens Apple device ban over OpenAI integration

Billionaire Elon Musk announced plans to ban Apple devices from his companies if Apple integrates OpenAi's artificial intelligence software at the operating system level. Musk, who co-founded OpenAi but later parted ways with the company, labelled this integration a Security violation.

Apple introduces AI to its products, Elon Musk threatens ban over security fears

The US Department of Justice and Federal Trade Commission will investigate the industry dominance of Microsoft, OpenAI, and Nvidia in the Artificial Intelligence industry, according to The New York Times.

The US Department of Justice will lead the investigation to see if Nvidia violated antitrust laws, while the Federal Trade Commission will inspect the conduct of OpenAI and Microsoft, the NYT report said.&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/world/iran-criticises-un-nuclear-watchdog-resolution-calls-it-unwise-729238">Iran criticises UN nuclear watchdog resolution, calls it ‘unwise’</a>

Although OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake. The Microsoft-OpenAI partnership is also under informal inquiry in other regions.

The agreement, reached last week by regulators according to sources and is expected to be finalised soon.

The FTC will look into Microsoft's $650 million deal with AI startup Inflection AI, the Wall Street Journal reported on Thursday (June 6), citing a source familiar with the matter.

Notably, in January, the FTC ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on latest investments and partnerships involving generative AI companies and cloud service providers.

The FTC launched a probe into OpenAI last July over concerns that its practices violated consumer protection laws and potentially compromised personal data.

Also read:&nbsp;<a href="https://www.wionews.com/world/russian-hackers-claim-cyberattack-on-spanish-defence-firm-that-is-refurbishing-leopard-tanks-for-ukraine-729139">Russian hackers claim cyberattack on Spanish defence firm that is refurbishing Leopard tanks for Ukraine</a>

US antitrust chief Jonathan Kanter said at an AI conference that structure and trends in AI should give us pause, the technology's reliance on vast amounts of data and computing power creates a significant barrier to entry.

(With inputs from agencies)

The US Department of Justice and Federal Trade Commission will investigate the industry dominance of Microsoft, OpenAI, and Nvidia in the Artificial Intelligence industry, according to The New York Times.

The US Department of Justice and Federal Trade Commission will investigate the industry dominance of Microsoft, OpenAI, and Nvidia in the Artificial Intelligence industry, according to The New York Times. The US Department of Justice will lead the investigation to see if Nvidia violated antitrust laws, while the Federal Trade Commission will inspect the conduct of OpenAI and Microsoft, the NYT report said. Also read: Iran criticises UN nuclear watchdog resolution, calls it ‘unwise’ Although OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake. The Microsoft-OpenAI partnership is also under informal inquiry in other regions. The agreement, reached last week by regulators according to sources and is expected to be finalised soon. The FTC will look into Microsoft's $650 million deal with AI startup Inflection AI, the Wall Street Journal reported on Thursday (June 6), citing a source familiar with the matter. Notably, in January, the FTC ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on latest investments and partnerships involving generative AI companies and cloud service providers. The FTC launched a probe into OpenAI last July over concerns that its practices violated consumer protection laws and potentially compromised personal data. Also read: Russian hackers claim cyberattack on Spanish defence firm that is refurbishing Leopard tanks for Ukraine US antitrust chief Jonathan Kanter said at an AI conference that structure and trends in AI should give us pause, the technology's reliance on vast amounts of data and computing power creates a significant barrier to entry. (With inputs from agencies)

US probes Microsoft, OpenAI, and Nvidia for AI dominance

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