OpenAI announces plan to go public, SpaceX set to launch IPO this week

Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to … Read more

OpenAI says it filed confidential IPO as it positions itself for AI arms race

OpenAI has filed a confidential initial public offering, the ChatGPT maker said Monday, bringing it one step closer to its official market debut.  “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” OpenAI said in a statement published Monday to its website. “We have not decided on timing yet; … Read more

OpenAI files for IPO as AI investment race intensifies

OpenAI announced Monday afternoon that it has filed to offer its stock on public markets, just a week after its chief rival, Anthropic did the same. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “We recently submitted a confidential S-1,” the ChatGPT maker said in a post on … Read more

OpenAI CEO Sam Altman meets with lawmakers in wake of Trump AI order

OpenAI CEO Sam Altman met with Republican and Democratic lawmakers on Wednesday to oppose proposals that would require developers to obtain government approval before releasing new artificial intelligence models. Jordan Rae Kelly, former director for cyber incident response on the National Security Council, joins with analysis. Source link

Florida sues OpenAI, alleging company could have minimized harms caused by ChatGPT

On its parental resource page, OpenAI says ChatGPT is built with safety in mind. “Not so,” according to a lawsuit filed by Florida State Attorney General James Uthmeier on Monday. The phrase was accompanied by a screenshot of an OpenAI post about safety and transparency at the start of the complaint. Florida is the first … Read more

Anthropic files for IPO before OpenAI as trillion-dollar startups race to go public

Artificial intelligence startup Anthropic said Monday it filed for an initial public stock offering, a surprise start to the race between it and OpenAI to be the next trillion-dollar AI startup to hit the public markets. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The filing, which is … Read more

Florida sues OpenAI and CEO Sam Altman, accusing them of putting profit over safety

Florida’s Attorney General James Uthmeier sued OpenAI and its CEO Sam Altman on Monday, accusing the company of putting profit over safety, fueling violence and pushing a product it knew could harm users. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “The rise of OpenAI is attributable to … Read more

Could anything but profit steer AI? The OpenAI trial offered clues but no verdict

The trial pitting Elon Musk against OpenAI CEO Sam Altman made clear the two billionaires agreed on one thing: building artificial intelligence would require significant resources — and enormous amounts of money. It may seem obvious now, as an AI-obsessed stock market helps finance a global construction boom of chipmaking factories and energy-hogging data centers … Read more