Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in […]
Harvey reportedly in discussions to raise $250M at $5B valuation Read More »
OpenAI is releasing its GPT-4.1 and GPT-4.1 mini AI models in ChatGPT, the company announced in a post on X Wednesday. The GPT-4.1 models should help software engineers who are using ChatGPT to write or debug code, OpenAI spokesperson Shaokyi Amdo told TechCrunch. GPT-4.1 excels at coding and instruction following compared to GPT-4o, according to
OpenAI brings its GPT-4.1 models to ChatGPT Read More »
OpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit is saying is an effort to increase transparency. On Wednesday, OpenAI launched the Safety evaluations hub, a web page showing how the company’s models score on various tests for harmful content generation, jailbreaks, and hallucinations.
OpenAI pledges to publish AI safety test results more often Read More »
OpenAI is reportedly considering building data centers in the United Arab Emirates to greatly expand its Middle East footprint. A deal could be announced as soon as this week, according to Bloomberg. As Bloomberg notes, OpenAI has a long relationship with the UAE. In 2023, the company partnered with Abu Dhabi’s AI firm G42, which
OpenAI may build data centers in the UAE Read More »
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership
Everything you need to know about the AI chatbot Read More »
OpenAI CEO Sam Altman is using his olive oil inefficiently in an “offense to horticulture,” the Financial Times humorously reports. For its “Lunch with the FT” series, the paper joined Altman in his kitchen. He prepared a garlicky pasta and salad, taking a rare break from his demanding job of advocating for the disruption of
Sam Altman apparently does not respect olive oil Read More »
OpenAI’s ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg. Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 million for AI infrastructure in the U.S. and
OpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffs Read More »
OpenAI is currently in “a tough negotiation” with its biggest investor and partner, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will still be in
Microsoft and OpenAI may be renegotiating their partnership Read More »
Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications,
Week in Review: Instacart CEO heads to OpenAI Read More »
OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for
OpenAI’s enterprise adoption appears to be accelerating, at the expense of rivals Read More »
