Banking sector signals a move away from OpenAI and towards alternatives
New data tracking AI use cases across 50 of the world’s largest banks shows OpenAI’s share of disclosed deployments has fallen from around half to just one-third over the past 18 months. This means that OpenAI I no longer the primary large language model provider for the banking sector. With banks often acting as a […]
OpenAI releases ChatGPT search engine, taking on Google
OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google’s decades-long dominance of web search. The upgrade enables users to receive “fast, timely answers” with links to relevant web sources –- information that previously required using a traditional search engine, the company said. The significant […]
OpenAI raises $6.6bn in funding, is valued at $157bn
OpenAI has raised $6.6bn (£5bn) in a funding round that values the artificial intelligence business at $157bn, with chipmaker Nvidia and Japanese group SoftBank among its investors. The San Francisco-based startup, responsible for the ChatGPT chatbot, did not give details of a reported restructuring that will transform it into a for-profit business. The funding round was led […]
Ousted OpenAI boss ‘committed to ensuring firm still thrives’ as majority of employees threaten to quit
Ousted boss of OpenAI, Sam Altman, has said his and Microsoft chief executive Satya Nadella’s top priority “remains to ensure OpenAI continues to thrive”. Microsoft has hired Mr Altman after he was abruptly fired as CEO of the artificial intelligence (AI) company that created ChatGPT, the game-changing generative chatbot used by millions of people. The […]
