{
OpenAI

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}
openai appoints former meta executive to lead robotics and hardware initiatives
Caitlin “CK” Kalinowski, former head of Meta’s Orion AR glasses initiative, has joined OpenAI to lead its robotics and consumer hardware efforts. Her focus will be on integrating AI into the physical world, coinciding with OpenAI's investment in the robot startup Physical Intelligence, which recently raised $400 million. Kalinowski brings extensive experience from her roles at Meta and Apple, where she contributed to significant hardware projects.
CNBC
Amazon.com, Inc. OpenAI Aqua Metals, Inc. USA Jony Ive Caitlin Kalinowski Show more
Technology & Innovation, News Article
16:04 05.11.2024
markets brace for election impact as optimism persists among investors
As the U.S. presidential election approaches, historical trends suggest a market rally post-election, despite potential short-term volatility. While major Wall Street CEOs express skepticism about further Federal Reserve rate cuts, consumer confidence in equities remains high, indicating optimism amid uncertainty. Stocks have dipped ahead of Election Day, but typically recover within a month following the elections.
CNBC
United States Dollar OpenAI Amazon.com, Inc. JPMorgan Chase & Co. Fitch Ratings Inc. USA Alex Harring Jeff Bezos Christopher Hayes Show more
Finance & Economy, Market Report
02:26 05.11.2024
openai explores transition to for-profit status amid regulatory discussions
OpenAI is in preliminary discussions with California regulators to transition from a non-profit to a for-profit entity. This process will likely involve scrutiny of how the company values its lucrative intellectual property, including its ChatGPT application.
Bloomberg.com
United States Dollar OpenAI USA
Technology & Innovation, News Article
23:56 04.11.2024
jeff bezos and openai back robot startup physical intelligence at 2.4 billion valuation
Robot startup Physical Intelligence has raised $400 million at a $2.4 billion valuation, with investments from Jeff Bezos, OpenAI, and others. The company aims to integrate general-purpose AI into robotics, aspiring to develop artificial general intelligence that allows users to command robots for various tasks.
CNBC
United States Dollar OpenAI Amazon.com, Inc. Google Inc. Tesla, Inc. Microsoft Corporation USA Elon Musk Jeff Bezos Sam Altman Show more
Technology & Innovation, News Article
19:50 04.11.2024
generative ai startups drive record unicorn growth and investment in q3 2024
Global AI deal volumes surged to 1,245 in Q3 2024, marking a 24% year-over-year growth, despite a 29% decline in funding from $1B+ rounds. U.S. startups led with $11.4B across 566 deals, while generative and industry-specific AI investments drove confidence, resulting in 13 new unicorns, primarily in generative AI. Challenges remain for enterprises in adopting these technologies at scale, as they must integrate AI into existing workflows while addressing data management issues.
VentureBeat
United States Dollar Microsoft Corporation OpenAI Gartner Ilya Sutskever Show more
Technology & Innovation, Market Report
21:21 01.11.2024
ubs invests in ai with microsoft copilot and proprietary assistant red
UBS is set to enhance its operations by introducing Microsoft 365 Copilot at 50,000 workstations and launching its proprietary AI assistant, "Red," for 20,000 employees across Switzerland, Hong Kong, and Singapore. This initiative marks the largest deployment of such tools in the global financial services sector, as the bank invests heavily in AI, automation, and cloud technologies. Additionally, UBS is exploring AI algorithms to identify potential takeover targets.
netzwoche.ch
United States Dollar UBS AG Microsoft Corporation Helvetia Insurance OpenAI Sergio Ermotti Fabian Mösli Show more
TradFi, News Article
17:22 01.11.2024
openai delays next ai model release amid competition and resource challenges
OpenAI CEO Sam Altman announced that the release of the next major AI model, likely GPT-5, will not occur this year as the company focuses on refining existing models. He highlighted challenges in resource allocation and the need for safety and performance improvements for upcoming features like Sora and DALL-E updates. Amidst competition from Google and other startups, OpenAI recently launched a real-time search feature in ChatGPT, enhancing its capabilities against traditional search engines.
CNBC
United States Dollar Alphabet Inc. Google Inc. Microsoft Corporation OpenAI USA Srinivas Narayanan Kevin Weil Sam Altman Show more
Technology & Innovation, News Article
20:39 31.10.2024
google and openai launch competing ai search capabilities for developers and consumers
Google has integrated real-time search capabilities into its Gemini AI platform, allowing developers to enhance applications with current information from Google Search. This feature, called "Grounding with Google Search," comes as OpenAI launched its consumer-focused ChatGPT Search, marking a competitive shift in how users access information online. Both companies are navigating challenges related to accuracy, publisher compensation, and the sustainability of their AI-driven services.
VentureBeat
United States Dollar Google Inc. Microsoft Corporation The New York Times Company OpenAI USA Logan Kilpatrick Shrestha Basu Mallick Show more
Technology & Innovation, News Article
19:32 31.10.2024
microsoft stock faces steep decline after disappointing revenue forecast
Microsoft's stock fell over 5%, marking its worst day in two years, despite a strong earnings report. The company forecasted revenue between $68.1 billion and $69.1 billion for the current period, below analyst expectations, while its cloud business, Azure, saw a 33% revenue increase. CEO Satya Nadella noted supply chain issues affecting data center infrastructure and anticipated a $1.5 billion income hit from AI investments.
CNBC
United States Dollar Amazon.com, Inc. BofA Global Research Google Inc. Microsoft Corporation OpenAI IDN USA Satya Nadella Amy Hood Ari Levy Show more
Technology & Innovation, Market Report
18:51 31.10.2024
OpenAI launches ChatGPT search feature challenging Google and Microsoft dominance
OpenAI has launched a search feature within ChatGPT, named SearchGPT, enhancing its competition with Google and Microsoft. This feature provides real-time information on sports, stocks, news, and weather, utilizing partnerships with various news and data providers. The rollout, which began with ChatGPT Plus and Team users, allows for a more conversational search experience, with plans for further improvements in shopping and travel. OpenAI's valuation has reached $157 billion, despite anticipated losses of $5 billion against $3.7 billion in revenue this year.
CNBC
United States Dollar Euro Alphabet Inc. Reuters Ltd. Associated Press Microsoft Corporation OpenAI USA Jan Leike Sam Altman Show more
Technology & Innovation, Press Release
17:40 31.10.2024
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