Anthropic has surged to a trillion-dollar valuation on secondary markets, overtaking OpenAI.
Buyers are in a race to secure a dwindling supply of shares in Anthropic, driving the AI company's valuation on some platforms to $1 trillion.
OpenAI finalises $10 billion joint venture with PE firms to deploy AI - The Economic Times
OpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on helping businesses integrate OpenAI's AI software. The venture is valued at $10 billion and will be controlled by OpenAI. This move aims to boost AI adoption across various sectors. Rival Anthropic is also exploring similar strategies.
OpenAI Rewrites Contract, Anthropic Returns to Negotiate—The Chaos Continues
In less than a week, the Pentagon blacklisted an AI company for having ethics, declared it a supply chain risk, watched its preferred replacement face a massive user revolt, and then sat down to am…
Amazon seeks cheaper AI alternatives as Anthropic shifts to token-based pricing
Amazon is exploring OpenAI as an alternative to Claude after a renegotiated contract with Anthropic will raise costs through token-based pricing.
How to think about AI company finances
OpenAI and Anthropic are using the standard tech startup playbook.
OpenAI to release open-source model as AI economics force strategic shift
OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company behind ChatGPT.
OpenAI creates new unit with $4 billion investment to aid corporate AI push
OpenAI said on Monday it is setting up a new company with more than $4 billion in initial investment to help organizations build and deploy artificial intelligence systems, and will acquire an AI consulting firm, Tomoro, to quickly scale up the unit. After its early models saw strong resonance with consumers, OpenAI has been working aggressively to sign corporate contracts and establish a large presence in the business world where its AI will see large-scale deployment. The new firm, called OpenAI Deployment Company, will help the ChatGPT maker embed engineers specializing in frontier AI deployment into organizations that will then work closely with various teams to identify where AI can make the biggest impact, OpenAI said.
OpenAI targets workplace professionals as enterprise AI demand surges
‘These leaders recognize AI as the most consequential shift of their lifetime, and they’re asking us how to reinvent their companies around it’
OpenAI Has New Focus (on the IPO)
The Wall Street Journal recently reported that leadership wants OpenAI, the company, to focus. Seems like a plain old business strategy story. Nope! First, in more prosaic terms, the all-hands and …
OpenAI closes The Deployment Company, a $10bn enterprise AI bet on private equity
OpenAI has finalised The Deployment Company, a $10bn joint venture with TPG, Brookfield, Bain, and 16 other investors.
OpenAI’s vision for the AI economy: public wealth funds, robot taxes, and a four-day workweek | TechCrunch
OpenAI proposes taxes on AI profits, public wealth funds, and expanded safety nets to address job loss and inequality, blending redistribution with capitalism as policymakers debate AI’s economic impact.
A big lesson of my China visit: compute shortages are holding back Chinese AI
One estimate suggests that OpenAI has about as much compute as the entire Chinese AI industry.
It’s not just the vibes that are off inside OpenAI.
It’s the numbers, too, according to a new Wall Street Journal report, which echoes The Information’s claim earlier this month that CFO Sarah Friar has expressed concern about its IPO plans and CEO Sam Altman’s datacenter spending. It also says the company “missed an internal goal of reaching one billion weekly active users for ChatGPT by the end of last year,” and other revenue targets. [Link: The vibes are off at OpenAI | https://www.theverge.com/ai-artificial-intelligence/908513/the-vibes-are-off-at-openai | The Verge]
OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says
OpenAI’s Hacking Debacle Comes Down to Human Error
If the generative AI giant had followed well-known security best practices, it’s likely that its AI agent would never have escaped to the open internet and hacked multiple companies.
OpenAI strikes Reddit deal to train its AI on your posts
Reddit’s signed AI licensing deals with Google and OpenAI.
