OpenAI’s open model is delayed

OpenAI’s open model is delayed

The release of OpenAI’s first open model in years will be delayed until later this summer, CEO Sam Altman announced in a post on X on Tuesday. Altman said the open model would be released sometime after June. “We are going to take a little more time with our open-weights model, i.e. expect it later…

Read More
OpenAI claims to have hit B in annual revenue

OpenAI claims to have hit $10B in annual revenue

OpenAI says it recently hit $10 billion in annual recurring revenue, up from around $5.5 billion last year. That figure includes revenue from the company’s consumer products, ChatGPT business products, and its API, an OpenAI spokesperson told CNBC. Currently, OpenAI is serving more than 500 million weekly active users and 3 million paying business customers….

Read More
Qualcomm to acquire semiconductor firm Alphawave Semi for .4B

Qualcomm to acquire semiconductor firm Alphawave Semi for $2.4B

Qualcomm has agreed to acquire Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion. According to Qualcomm CEO Cristiano Amon, the deal will help Qualcomm grow its data center business. “The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across…

Read More