“The market is as competitive as I have ever seen it,” wrote Denise Dresser, OpenAI’s chief revenue officer.

A version of this murky, AI-as-magic-wand framing has been used by OpenAI CEO Sam Altman, who has posted on X that “AI will help discover new science, such as cures for diseases.” It’s a bit less magical than the Zuckerberg-Chan version, but it still conjures vague, AI-based discoveries that show up like bolts from the blue.

OpenAI announced the closure of a funding round with $122 billion in committed capital, reaching a post-money valuation of $852 billion. The company stated that the capital will support scaling of AI systems, expansion of infrastructure, continued model development, and growth across consumer and enterprise products.

Private companies SpaceX, OpenAI, and Anthropic are seen as three of the most anticipated initial public offerings (IPOs) in the future. SpaceX has recently filed the necessary paperwork with the U.S.

April 10 (Reuters) - OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps.

OpenAI has emerged as one of the government’s leading providers of artificial intelligence. According to the company, 37 federal agencies now have access to its tech, and about 80,000 government employees are now using it regularly. This makes OpenAI a ...