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OpenAI
Artificial Intelligence
OpenAI starts hiring in Singapore for second Asia office
OpenAI is building a team in Singapore to support growing demand for artificial intelligence tools in the Asia-Pacific region.
October 09, 2024
Global Economy
Briefs: Stand-off as Hanwha keeps 60-cent offer for Dyna-Mac in offer document, Elite UK REIT to divest Scotland office
In other news this week: Oracle plans to invest US$6.5 billion building a cloud services centre in Malaysia.
October 03, 2024
Private equity
OpenAI raises US$6.6 bil in funds at US$157 bil valuation
The funding round was led by Thrive Capital, which put in US$1.3 billion. Microsoft, OpenAI’s largest backer, put in about US$750 million, on top of the US$13 billion it had already invested.
October 03, 2024
Company in the news
OpenAI discusses giving Sam Altman 7% stake in for-profit shift
The company is considering becoming a public benefit corporation, tasked with turning a profit and also helping society.
September 26, 2024
News
OpenAI releases new AI model that answers more complex questions
The move comes as OpenAI looks to raise billions in funding and faces heightened competition in the AI race.
September 13, 2024
US stocks
Nvidia discusses joining OpenAI’s latest funding round
This would value the artificial intelligence start-up at more than US$100 billion, reports Bloomberg.
August 30, 2024
Artificial Intelligence
OpenAI says California’s controversial AI bill will hurt innovation
The bill has received fierce opposition from many major tech companies, startups and venture capitalists.
August 22, 2024
Artificial Intelligence
OpenAI scale ranks progress toward `human-level' problem solving
OpenAI has said for years that it’s working to build what’s often referred to as artificial general intelligence.
July 12, 2024
Artificial Intelligence
Microsoft, Apple avoid OpenAI’s board as US scrutiny grows
Microsoft and Apple have relinquished the chance to be observers on OpenAI’s board.
July 10, 2024
Artificial Intelligence
OpenAI delays launch of voice assistant feature to address safety issues
“We’re improving the model’s ability to detect and refuse certain content,” the company said on June 25.
June 26, 2024