OpenAI

Artificial Intelligence

OpenAI CFO thinks business users will pay thousands monthly for AI tools

OpenAI CFO Sarah Friar was asked about a recent report that the company has discussed a US$2,000 monthly subscription for its AI products.

December 11, 2024

US politics

OpenAI CEO thinks Musk won’t use political power against rivals

Musk and Altman have a tense relationship.

December 05, 2024

ChatGPT’s US$8 tril birthday gift to Big Tech - THE EDGE SINGAPORE

Artificial Intelligence

ChatGPT’s US$8 tril birthday gift to Big Tech

The next phase of AI may prove more democratic, as smaller, specialised models lower the barriers to entry. But for now, it has mostly extended Big Tech’s wealth and influence.

November 29, 2024

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