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OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI…
The platform’s OpenAI private equity tokens were disavowed by the company, prompting OpenAI co-founder, Elon Musk, to call the AI firm “fake.” OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company. “We are not involved in this…
U.S. senators voted overwhelmingly on Tuesday to remove a controversial 10-year ban on states’ abilities to regulate AI from the Trump administration’s “Big Beautiful Bill,” reports Axios. The provision to the reconciliation bill was introduced by Sen. Ted Cruz (R-TX). Many prominent Silicon Valley executives — including OpenAI’s Sam Altman, Anduril’s Palmer Luckey, and a16z’s…
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership…
With Meta successfully poaching a number of its senior researchers, an OpenAI executive reportedly reassured team members Saturday that company leadership has not “been standing idly by.” “I feel a visceral feeling right now, as if someone has broken into our home and stolen something,” Chief Research Officer Mark Chen wrote in a Slack memo…
Meta is definitely offering hefty multimillion-dollar pay packages to AI researchers when wooing them to its new superintelligence lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of…
Looks like Meta isn’t done poaching talent from OpenAI. Earlier this week, TechCrunch reported that Meta had hired influential OpenAI researcher Trapit Bansal, and according to The Wall Street Journal, it also hired three other researchers from the company. Now The Information is reporting four more Meta hires from OpenAI: Researchers Shengjia Zhao, Jiahui Yu,…
Welcome back to Week in Review! Lots of news for you this week — Travis Kalanick is possibly returning to the world of self-driving vehicles, CoreWeave’s CEO is now worth $10 billion, Apple users aren’t happy with how the company is promoting its new “F1” movie, and much more. Quick note that we will be…
Created jointly with Flashblocks, World’s Priority Blockspace for Humans aims to ensure the best transaction speed for real humans. World Chain, a layer-2 (L2) blockchain linked to OpenAI CEO Sam Altman, has launched a new tool to prioritize real humans over bots to ensure transaction speed. Priority Blockspace for Humans (PBH), a new open source…
From the moment OpenAI CEO Sam Altman stepped onstage, it was clear this was not going to be a normal interview. Altman and his chief operating officer, Brad Lightcap, stood awkwardly toward the back of the stage at a jam-packed San Francisco venue that typically hosts jazz concerts. Hundreds of people filled steep theatre-style seating…