OpenAI Goes Hunting for More Suckers in Hollywood

OpenAI wants to be a star. A big, bright, shining star. According to a new report, the influential AI company has spent the last few months courting Hollywood executives in the hopes of convincing them that its newest content-generator, Sora, will be useful when it comes to making movies. I Gave Sam Altman a Copy … Read more

Sam Altman’s Reddit stake worth over $600 million after NYSE debut

OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His Reddit ownership is another matter altogether. Following Reddit’s stock market debut on Thursday, Altman’s stake in the social media site ballooned by $200 million to over $613 million. Shares of the 19-year-old company jumped … Read more

(RDDT) starts trading on NYSE

Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced its IPO on Wednesday at $34 a share, the top of the expected range. … Read more

SXSW Audience Boos Sizzle Reel About the Virtues of AI

Photo: Rick Kern/Getty Images for Vox Media (Getty Images) Silicon Valley’s richest nerds seem dead certain that AI will make our world a better place. Not everyone is so convinced, however. At SXSW this week, a sizzle reel that featured conference panelists talking effusively about the new technology was roundly booed by disgusted audience members. … Read more

OpenAI’s Sam Altman Returns to Board After Investigation

Photo: Justin Sullivan (Getty Images) Sam Altman will return to OpenAI’s Board of Directors, the exclusive group with ultimate control over the ChatGPT developer, first reported by The Information on Friday. AnThe decision comes just over four months after the board mysteriously fired Altman, causing more than 700 OpenAI employees to revolt and threaten to … Read more

Sam Altman rejoins OpenAI board, company adds three new members

OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman’s ouster. Sam Altman will also rejoin OpenAI’s board. The new board members are: Dr. Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, who … Read more

OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow

OpenAI on Tuesday publicly responded to a lawsuit brought by co-founder Elon Musk, highlighting apparent hypocrisy on the part of the now-billionaire and early backer of the company. In its response, OpenAI reproduced old emails from Musk in which the Tesla and SpaceX CEO encouraged the rising startup to raise at least $1 billion in … Read more

Microsoft seeks dismissal in parts of Times suit against OpenAI

Executive Chairman and CEO of Microsoft Corporation Satya Nadella attends a session during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Denis Balibouse | Reuters Microsoft is accusing The New York Times of “unsubstantiated” claims in the publisher’s lawsuit filed in December against OpenAI, a case that … Read more

Elon Musk sues OpenAI and CEO Sam Altman over contract breach

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters Elon Musk is suing Microsoft-backed OpenAI and its CEO, Sam Altman, among others, alleging they abandoned the company’s founding mission to develop artificial intelligence “for the benefit of humanity … Read more

AI Grifters Fill Amazon With Kara Swisher Memoir Ripoffs

Journalist Kara Swisher’s long-anticipated memoir Burn Book hit the shelves today. Apparently, a long list of other writers have also been hard at work writing about her experience as well. On the day after her book launch, Amazon is flooded with AI-generated Swisher biographies, complete with cover art from beyond the uncanny valley. Top 5 … Read more