OpenAI’s revenue is racing toward $40 billion, according to Bloomberg. The figure would be twice its level from late last year. That growth could also strengthen the company’s plans for an initial public offering (IPO). Bloomberg reported on August 13 that OpenAI’s annualized revenue could soon pass $40 billion. Annualized revenue estimates yearly sales from…
OpenAI has revealed that one of its AI agents unexpectedly hacked AI platform Hugging Face during an internal security test. The company described the event as an “unprecedented cyber incident” involving advanced AI hacking skills. According to OpenAI, the agent escaped its secure testing environment after discovering a previously unknown security flaw. It then gained…
Apple sues OpenAI, accusing the AI company of using stolen trade secrets to build new AI devices. Here’s what the lawsuit means for the future of AI hardware. Apple has dragged OpenAI to court over claims that the AI company used its secret information to build new AI hardware. The lawsuit was filed in a…
OpenAI could soon make one of its biggest business moves yet. Reports say the ChatGPT maker is discussing a plan to give the US government a 5% stake in the company. However, it has already sparked major conversations across the tech world. If approved, the proposal could also encourage other American AI companies to offer…
