OpenAI

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OpenAI reveals its first AI processor: Jalapeño

OpenAI has just revealed a new “intelligence processor” chip for AI servers made in partnership with Broadcom. The chip, called Jalapeño, is designed to power current and future large language models, according to an announcement on Wednesday. Jalapeño is an ASIC (Application-Specific Integrated Circuit), meaning it’s designed for a specific purpose: AI inference. With AI […]

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Hollywood is bending the knee to OpenAI

Netflix, A24, Focus Features, and Warner Bros.’ Clockwork have all reportedly decided to pass on picking up Artificial – director Luca Guadagnino’s new biographical drama about OpenAI cofounder / CEO Sam Altman – for distribution deals. And while Neon and Mubi are still said to be interested in the film, this situation makes it seem […]

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MGX raises a $50bn AI fund and is already spending it

Abu Dhabi’s MGX AI fund has raised close to $50bn. For the first time, the emirate leaned on outside investors to do it, and the money is already going out the door. MGX is the Abu Dhabi investment firm built for the AI era. It has pulled in nearly $50bn for a single fund, according […]

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IBM joins OpenAI’s cyber program to bring frontier AI into enterprise security

IBM has signed up to OpenAI’s Daybreak Cyber Partner Program, a tie-up the company says will put frontier AI models to work inside corporate security operations. The partnership comes with a concrete first product: a new application-security service that uses the cyber capabilities of OpenAI’s models to find and confirm software vulnerabilities faster than conventional […]

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OpenAI’s suspiciously clean balance sheet is about to get a hard look

OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for regulators’ desks. On paper, OpenAI looks like a lean software business. The reality is far heavier. As at 31 March, the ChatGPT maker had […]

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Getty Images soars after striking a deal with the kind of company it sued

For most of the generative-AI era, Getty Images has been the industry’s most determined courtroom opponent, the stock-photo giant that sued the people building image generators rather than licensing to them. On Monday it changed sides, and the market rewarded the pivot with the kind of move stock photos are not usually associated with. Getty […]

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Amazon has dropped its nearly finished Sam Altman film, four months after investing $50B in OpenAI

Amazon MGM Studios has dropped Artificial, Luca Guadagnino’s nearly finished film about OpenAI CEO Sam Altman, Variety and Deadline reported on Thursday. The film, which stars Andrew Garfield as Altman, had tested well with early audiences and was being shown to other studios the same day Amazon confirmed it would not release it. The decision […]

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Ahead of its IPO, OpenAI hires Trump’s AI-policy architect and Google’s transformer pioneer

OpenAI is hiring for its stock-market debut on two very different fronts. One is the research lab. The other is Washington. This week, the company said Dean Ball will join on 6 July to lead a new team called Strategic Futures. Ball is not a researcher. He is a policy operator, and until recently he […]

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