OpenAI

Elon Musk’s full offer letter to buy OpenAI reveals five key details

A consortium of investors led by Elon Musk’s x.AI offered to buy OpenAI for $97.4 billion last week. OpenAI CEO Sam Altman has dismissed the proposal, which would gum up OpenAI’s planned conversion from a non-profit, something Musk is attempting to block in a lawsuit.  Altman’s lawyers argued in a Wednesday filing that Musk can’t […]

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OpenAI scrubs diversity commitment web page from its site

OpenAI has eliminated a page on its website that used to express its commitment to diversity, equity, and inclusion. The URL “https://openai.com/commitment-to-dei/” now redirects to “https://openai.com/building-dynamic-teams/,” a page that talks about people with “different backgrounds” with no use of the word diversity. The previous page stated that the company’s “investment in diversity, equity and inclusion”

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Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms

In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted to the U.S. District Court for the Northern District of

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OpenAI pledges that its models won’t censor viewpoints

OpenAI is making clear that its AI models won’t shy away from sensitive topics, and will refrain from making assertions that might “shut out some viewpoints.” In an updated version of its Model Spec, a collection of high-level rules that indirectly govern OpenAI’s models, OpenAI says that its models “must never attempt to steer the user in

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OpenAI cancels its o3 AI model in favor of a ‘unified’ next-gen release

OpenAI has effectively canceled the release of o3, which was slated to be the company’s next major AI model release, in favor of what CEO Sam Altman is calling a “simplified” product offering. In a post on X on Wednesday, Altman said that, in the coming months, OpenAI will release a model called GPT-5 that

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How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion

On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid,

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OpenAI CEO Sam Altman calls Musk’s bid an attempt to ‘slow us down’

In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of money for [his AI company] xAI, and they’re trying to

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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed

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