
OpenAI

OpenAI’s Revenue Surge: 75% from Consumer Subscriptions with ChatGPT Hitting 250 Million Weekly Active Users
October 30, 2024 – According to a report by Bloomberg, OpenAI generates approximately 75% of its revenue from consumer subscriptions, as disclosed by the company’s Chief Financial Officer, Sarah Friar. The consumer strategy of OpenAI revolves around its ChatGPT product, which offers a monthly subscription starting at $20. The report indicates that OpenAI has successfully…

OpenAI Introduces sCM: A Revolutionary 50x Faster AI Text-to-Image Solution
October 28, 2024 – This week, OpenAI unveiled a novel AI text-to-image solution named sCM (Continuous-Time Consistency Model), marking a significant breakthrough in the field of artificial intelligence. Unlike traditional diffusion models, which often require tens to hundreds of gradual denoising steps to produce high-quality samples, sCM boasts a remarkable increase in efficiency, claiming to…

OpenAI CEO Debunks Rumors of ‘Orion’ Model Launch: ‘Fake News Out of Control’
October 26, 2024 – OpenAI CEO Sam Altman has responded to recent reports about the company’s next-generation model, Orion, dismissing them as “fake news out of control.” Previously, foreign media outlets had reported that OpenAI planned to launch a cutting-edge model called “Orion” in December of this year. According to these reports, Orion would adopt…

OpenAI to Unveil Orion in December: A Giant Step Forward in AI Capabilities
October 25, 2024 – According to a blog post published today by tech media outlet The Verge, OpenAI is planning to unveil a cutting-edge model dubbed “Orion” in December of this year. Citing the media report, “Orion” will adopt a release strategy distinct from that of GPT-4o and o1, eschewing a widespread launch via ChatGPT….

Ex-OpenAI CTO Murati Launches Startup, Aims to Raise Over $100M
October 20, 2024 – According to sources familiar with the matter, as reported by Reuters on October 19th (Beijing time), Mira Murati, the former Chief Technology Officer (CTO) of OpenAI, is currently raising funds from venture capitalists for her new artificial intelligence (AI) startup. Murati’s new venture aims to develop AI products based on proprietary…

OpenAI Unveils ChatGPT for Windows: Hotkey Access and Paid User Testing
October 18, 2024 – Following the release of its macOS version, OpenAI has now introduced a desktop client for its ChatGPT application specifically tailored for Microsoft Windows users. Currently undergoing testing, this application is available for download in the Microsoft Store for paid subscribers of ChatGPT Plus, Enterprise, Team, and Edu versions. Essentially, the app…

OpenAI Lands Top Microsoft AI Executive Sébastien Bubeck
October 15, 2024 – In a significant move within the realm of artificial intelligence, Microsoft announced on October 14 that Sébastien Bubeck, its Vice President of Generative AI Research, is set to depart the company to join OpenAI, the creator of ChatGPT. This development marks a turning point not only for Microsoft but also for…

OpenAI Forecasts 2029 Profitability After Anticipated $14B Loss in 2026
October 10, 2024 – According to a report by The Information, OpenAI predicts that it will achieve profitability by 2029, with revenues reaching $100 billion. However, until this point is reached, the company faces significant financial challenges. Based on an analysis of OpenAI’s financial documents, The Information estimates that the company could incur losses of…

OpenAI Establishes Second Asian Office in Singapore, Following Tokyo
October 9, 2024 – On Wednesday, American artificial intelligence (AI) company OpenAI announced plans to open an office in Singapore later this year and has already begun assembling a team in the country. According to the company, Singapore will serve as a hub for supporting clients and partners in the Asia-Pacific region. The team will…

OpenAI CEO Sam Altman Debunks Rumors of Acquiring 7% Stake: ‘Not True At All’
September 29, 2024 – Sam Altman, the CEO of OpenAI, firmly rejected rumors during a company-wide meeting on Thursday that he would acquire a significant equity stake in the company, stating that such reports are “simply not true.” Addressing the speculations about his potential ownership of OpenAI shares, Altman clarified, “There are no such plans…