OpenAI said on August 1 that ten breakthroughs in mathematics and theoretical computer science were achieved by an internal version of its next-generation flagship model, Astra. The company said the total token cost of finding solutions to the problems was about $2,000, according to 36Kr. The resul…
OpenAI may delay its initial public offering plans until next year, according to people familiar with the matter. According to Odaily, the company had previously hoped to complete an IPO before Anthropic.A week after Anthropic filed for a public listing, OpenAI also submitted listing paperwork, but…
So you keep building. Everyone keeps building. And everyone agrees, increasingly in public, that this is a bad equilibrium.The obvious fix is that you all get in a room and agree to go slower. The obvious problem with the obvious fix is that competitors agreeing to restrict output is a cartel, and…
OpenAI's ChatGPT is about to surpass 1 billion weekly active users, according to 36Kr, after the company had originally aimed to reach that milestone by the end of last year. The target is now roughly seven months behind schedule, but ChatGPT has still become one of the fastest-growing internet pro…
Tech analyst Dan Ives said U.S. AI technology remains well ahead of China’s, arguing that companies like Anthropic and OpenAI are likely to maintain their lead even as a new wave of low-cost, open-weight AI models from Chinese developers intensifies competitive pressures.While the launch of Moonsho…
SoftBank Group Corp. (SOBKY), the Japanese investment group backing U.S. technology company OpenAI, has attracted 21 additional lenders to the wider syndication of its $40 billion bridge loan. The new participants have been allocated approximately $7 billion of the facility, according to people fam…
Eightco treasury composition as of July 26, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents, totaling approximately $391 millionOpenAI recently announced that it submitted a confidential S-1, setting itse…
Nvidia NASDAQ:NVDA is in talks to provide roughly $250 billion in financing guarantees for OpenAI, covering the lease and debt on a 10-gigawatt site SoftBank's energy arm is developing in southern Ohio. The total project is expected to exceed $500 billion, including chips. Those are being negotiate…
SoftBank Group (SFTBY) has widened the lender group backing its $40 billion bridge loan for its OpenAI investment, bringing in 21 additional banks and institutions to spread the financing risk.The new lenders were allocated roughly $7 billion of the facility, according to Bloomberg. First Abu Dhabi…
Elon Musk said OpenAI has become an $800 billion closed-source company, calling it the “exact opposite” of the nonprofit he funded and saying his dispute with Sam Altman is about mission, not personality. According to BeInCrypto, Musk made the remarks in an interview with The Economist's Zanny Mint…
The Trump administration is examining whether the rapid adoption of Chinese artificial intelligence models could create new intellectual-property and national-security risks for the United States. U.S. Trade Representative Jamieson Greer said Washington is closely reviewing how China is expanding i…
OpenAI, the startup behind ChatGPT, plans to spend at least $20 billion on a massive new artificial intelligence data center near Savannah, Georgia, as demand for AI software continues to increase. The company has secured 3.2 gigawatts of electricity from Georgia Power Co., a utility serving the st…
President Xi Jinping has called for China to play a larger role in shaping global artificial intelligence rules as Chinese AI models gain significant traction among American companies. Speaking at the World AI Conference in Shanghai, Xi emphasized that AI should remain controllable by humans while…
OpenAI Chairman Bret Taylor on Monday downplayed the cost advantage that open-weight models offer users, saying that token efficiency matters more.During an interview with CNBC, Taylor said that everyday use of frontier models shows they have a significant advantage over open-weight models in terms…
OpenAI, an artificial intelligence company developing new technology and devices, said Tuesday that it is not aware of evidence supporting Apple Inc. NASDAQ:AAPL, the iPhone maker, in its lawsuit alleging trade-secret theft. Apple filed the complaint four days earlier, claiming OpenAI obtained prop…
Apple NASDAQ:AAPL, the iPhone maker, has filed a lawsuit accusing OpenAI, the San Francisco-based artificial intelligence company, of seeking confidential information about unreleased Apple products from former employees and prospective recruits. Apple alleges that OpenAI encouraged some hires to a…
OpenAI CEO Sam Altman took a more combative tone toward tech rivals on Monday, days after his AI startup was hit with a major trade-secret theft lawsuit by Apple.“Come for the best model, stay because we don’t treat you with contempt,” Altman posted on X on Monday, without context. Given the timing…
OpenAI CEO Sam Altman said he is not “afraid of Apple” after the iPhone maker sued his company over alleged trade secret theft, a major development in the tech industry that could have implications for the AI startup’s IPO plans.“I am not afraid of apple, but i have tremendous respect for them. s-t…
Eightco treasury composition as of July 8, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $397 millionWorldcoin token (WLD) now listed on Robinhood NASDAQ:HOOD, expanding access to milli…
Tesla NASDAQ:TSLA CEO Elon Musk's legal fight with OpenAI and Sam Altman is moving toward mediation after a federal judge appointed a mediator to help resolve the dispute.Bloomberg reported that U.S. District Judge Yvonne Gonzalez Rogers appointed senior federal judge R. David Proctor to seek a jus…
