Tagged: openai

Kalshi Odds Surge for Elon Musk in OpenAI Lawsuit After Unsealed Notes Confirm Shift to Profit-Driven Model

In a dramatic turn in the ongoing legal feud between tech billionaire Elon Musk and artificial intelligence focused OpenAI, prediction markets are signaling increased confidence in Musk’s potential victory. According to data from Kalshi, a platform allowing users to wager on real-world events, the probability… Read More

OpenAI and SoftBank Support SB Energy’s Expansion in AI Data Centers

OpenAI and SoftBank have joined forces to invest $1 billion in SB Energy, a key player in infrastructure development. This funding is earmarked for scaling up SB Energy’s data center capabilities, addressing the surging demands of AI technologies. As part of the agreement, SB Energy… Read More

OpenAI Sets Sights on Challenging Apple’s Tech Dominance

In the evolving ecosystem of artificial intelligence, much attention has focused on rival chatbots like Alphabet (Google) (NASDAQ:GOOG) Gemini now effectively competing with OpenAI‘s ChatGPT. However, OpenAI CEO Sam Altman has seemingly shifted his focus to a potentially more long-term opponent: Apple (NASDAQ:AAPL). Altman appears… Read More

OpenAI’s Latest Stock Compensation Sets New Benchmarks in Tech

In a recent escalation of the ongoing AI talent wars, OpenAI is poised to offer an unprecedented average of $1.5 million in stock-based compensation per employee in 2025, significantly surpassing established historical norms across the tech sector. This figure, derived from financial projections that were… Read More

OpenAI, Accenture Enable Enterprise Digital Transformation with AI

Accenture (NYSE: ACN) and OpenAI announced a collaboration to help enterprise clients unlock new levels of innovation and growth by bringing agentic AI systems into the core of business. As part of the deal, Accenture will equip professionals with ChatGPT Enterprise, leveraging it in its… Read More

Checkout.com Adopts OpenAI backed ACP to Enable Agentic Commerce for Enterprise Merchants

Checkout.com, a digital payments company, announced its support for the Agentic Commerce Protocol (ACP), which is described as an open standard for AI commerce that lets AI agents, businesses work to complete purchases, powering agentic commerce for enterprise merchants. Checkout.com will support ACP, allowing merchants… Read More

Web3 Thoughts of the Week: Amazon/OpenAI Cloud Deal, Bitcoin Thresholds, & Developer Interest in Solana and Ethereum

OpenAI and Amazon’s $38 billion deal had Web3 tongues wagging, but other topics also caught their attention. Read on to find out which ones. Bitcoin good “October is over, and what a disappointment it was for crypto investors expecting the customary rally. Bitcoin closed October… Read More

OpenAI Introduces ChatGPT Go in Brazil and Partners with Nubank to Enhance UX

OpenAI announced ChatGPT Go in Brazil, a subscription plan intended to give consumers improved access to ChatGPT’s more advanced capabilities with a better package when compared to ChatGPT Plus. The version is said to be a lower-cost alternative between the standard and Plus versions and… Read More

Stripe Enables Instant Checkout in ChatGPT and Launches Agentic Commerce Protocol, Co-Developed with OpenAI

Stripe has announced that it is helping OpenAI launch a commerce experience called Instant Checkout in ChatGPT. ChatGPT users in the US can buy goods from US-based Etsy businesses—and, coming soon, “over a million Shopify merchants, like Glossier, Vuori, Spanx, and SKIMS—directly in the chat.”… Read More

NVIDIA, OpenAI, Partner Up, NVIDIA Shares Move Higher

Shares of NVIDIA (NASDAQ:NVDA) have been down in the dumps in recent days due to challenges in China and questions regarding what exactly NVIDIA will be allowed to ship to the country, if at all. Today, things are looking up due to an announcement that NVIDIA and… Read More

OpenAI to Allow Shareholders to Sell at $500 Billion Valuation

OpenAI, a leading artificial intelligence platform and operator of ChatGPT, will enable insiders to sell approximately $10 billion in shares at a valuation of around $500 billion. OpenAI was previously priced at a valuation of $300 billion earlier this year. The company has been growing dramatically and is… Read More

OpenAI CFO Asked about Platforms Tokenizing their Shares

OpenAI CFO Sarah Friar visited with CNBC today to discuss AI in general, the incredible opportunity, and expectations for the industry. As part of the discussion, she was asked about platforms that are tokenizing their shares. OpenAI, creator of ChatGPT, is a private firm with… Read More

Republic Lists Opportunity to Invest in OpenAI

OpenAI is one of the hottest private companies today. OpenAI is the creator of ChatGPT, the one AI [artificial intelligence] app that truly launched consumer AI into the mainstream. According to ChatGPT, it is currently in the process of raising $40 billion in a new… Read More

NatWest and OpenAI to Accelerate AI Transformation to Enhance CX

NatWest Group has announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification, which includes deploying AI to meet customers’ needs more effectively and to “increase productivity and efficiency… Read More

Capco and OpenAI to Streamline Financial Services

Capco, the global management and technology consultancy, announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s financial institutions. This collaboration combines OpenAI’s innovations with… Read More

President Trump Announces $500 Billion Investment in Artificial Intelligence

President Donald Trump took to the podium once again to reveal a significant investment targeting Artificial Intelligence development. “Largest AI Infrastructure project in history” At a press event at the White House, the President introduced Larry Ellison, CEO of Oracle, Masayoshi (Masa) Son, CEO of… Read More

OpenAI Expands into Singapore, Plans Regional APAC Office

American artificial intelligence (AI) company OpenAI announced its expansion into Singapore, confirming plans to open a regional office later this year. This move underscores Singapore’s prominent role in technology and AI, as well as the increasing demand for advanced AI tools across the Asia Pacific… Read More

Stripe, Databricks Among Forge’s Private Magnificent 7

Stripe, Databricks, Rippling, and OpenAI all made the cut when Forge (NYSE: FRGE), a private market platform, identified the Private Magnificent 7, which comprises seven of the largest, most resilient, and highest-performing companies in the U.S. innovation economy. Much like their public market counterparts, this… Read More

AI Spending Rising: Ramp Report

A report from corporate card and accounts payable platform Ramp shows that companies are willing to invest in AI, especially when it addresses specific issues. While spending remained strong in Q2, some headwinds are forming. Small SMEs raised their spending by 9.4%, with large SMEs… Read More

Global Relay Integrates with OpenAI ChatGPT Enterprise Compliance API

Global Relay, the provider of communications compliance solutions for regulated industries, announces its integration between OpenAI’s ChatGPT Enterprise Compliance API and Global Relay’s financial compliance platform. The new compliance capabilities launched by OpenAI in conjunction “with Global Relay’s platform will help customers use OpenAI’s Enterprise… Read More

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