Microsoft and OpenAI have had something of a symbiotic relationship, with the former giving billions of capital to a startup AI lab and in return gaining early access to cutting-edge models that are now baked into Microsoft’s suite of productivity software.
OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with Elon Musk.
OpenAI’s board of directors has promised investors that it will restructure the organization within the next two years.
OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t yet justify the enormous costs, according to
Microsoft has been working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current underlying technology from OpenAI and reduce costs,
Suchir Balaji, a former researcher at OpenAI who openly questioned the legality of its data-gathering practices, died by suicide, authorities said.
Private companies — especially those in tech — are raising billions of dollars to delay, and sometimes even shun, a path to public markets. These efforts are creating vast wealth for employees and early-stage stakeholders,
Perplexity AI, too, was co-founded by a former Google researcher. The A.I.-search focused startup, most recently valued at $9 billion, was established in 2022 by its CEO Aravind Srinivas, who previously interned at Google and Google DeepMind between 2019 and 2021.
Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round.
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in Memphis, Tennessee.