OpenAI Archives - Page 23 of 32

OpenAI launches new ‘Canvas’ ChatGPT interface tailored to writing and coding projects

OpenAI introduced a new way to interact with ChatGPT on Thursday: an interface it calls “canvas.” The product opens a separate window, beside the normal chat window, with a workspace for writing and coding projects. Users can generate writing or code directly in the canvas, then highlight sections of the work to have the model […]

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Elon Musk’s xAI moves into OpenAI’s old HQ

AI / Sasandara Dilmina

San Francisco’s Mission district isn’t known for corporate offices, but it’s now home to two of the world’s most well-funded AI startups. Elon Musk’s artificial intelligence startup, xAI, recently moved into a new office in the Mission: the same building that served as OpenAI’s headquarters for several years, according to the San Francisco Business Times.

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OpenAI raises $6.6B and is now valued at $157B

Fundraising / Sasandara Dilmina

ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $6.6 billion in a funding round that values OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase. Microsoft, Nvidia, SoftBank, Khosla Ventures,

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Anthropic hires OpenAI co-founder Durk Kingma

AI / Sasandara Dilmina

Durk Kingma, one of the lesser-known co-founders of OpenAI, today announced that he’ll be joining Anthropic. In a series of posts on X, Kingma revealed that he’ll be working mostly remotely, from the Netherlands (where he’s based), but didn’t say which Anthropic org he’ll be joining — or leading. Reached for comment, an Anthropic spokesperson

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OpenAI’s DevDay brings Realtime API and other treats for AI app developers

AI / Sasandara Dilmina

It’s been a tumultuous week for OpenAI, full of executive departures and major fundraising developments, but the startup is back at it, trying to convince developers to build tools with its AI models at its 2024 DevDay. The company announced several new tools Tuesday, including a public beta of its “Realtime API”, for building apps

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Meta rethinks smart glasses with Orion

Social / Sasandara Dilmina

Meta Connect 2024 was this week, showcasing new hardware and software to support two of the company’s big ambitions: AI and the metaverse. CEO Mark Zuckerberg announced new Quest headsets, updates to Meta’s Llama AI model, and real-time video capabilities of Ray-Ban Meta smart glasses. The biggest reveal, though, was Orion, a true AR glasses

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OpenAI might raise the price of ChatGPT to $22 by 2025, $44 by 2029

Apps / Sasandara Dilmina

ChatGPT could get more expensive to use in coming years. The New York Times, citing internal OpenAI docs, reports that OpenAI is planning to raise the price of individual ChatGPT subscriptions from $20 per month to $22 per month by the end of the year. A steeper increase will come over the next five years;

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AI dominated both YC Demo Day and startup news

Venture / Sasandara Dilmina

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was a busy one for the startup and VC world, with its fair share of funding news and, of course, the latest edition of YC’s

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OpenAI’s $6.5B funding round may close as soon as next week

AI / Sasandara Dilmina

ChatGPT maker OpenAI’s next funding round, said to be around $6.5 billion, could close as soon as the end of next week. That’s according to a new report in The Wall Street Journal, which also reveals that OpenAI’s rumored conversion from a nonprofit org into a for-profit company is now a virtual certainty. Investors in

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Former Brex COO who now heads unicorn fintech Figure says GPT is already upending the mortgage industry

Fintech / Sasandara Dilmina

Lending startup Figure announced today a rollout of AI tooling to make the home lending process more efficient. The company will be launching an AI tool powered by GPT-4 to help catch errors in lending documents. Figure, founded in 2018, specializes in helping consumers secure home equity lines of credit. The company touts that its

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