CHATGPT FOUNDER
How did OpenAI CEO Sam Altman amass $2 billion in wealth? Here's what you should know
OpenAI CEO Sam Altman has amassed a huge wealth over a very short period of time after being the founder and CEO of OpenAI, the organization responsible for creating the AI language model ChatGPT. But how did he manage to do it so effortlessly, gaining a whopping $2 billion net worth?
The voices of AI are telling us a lot
AI voices evolve from cinematic stereotypes to diverse choices, impacting user preferences.
Can AI answer the needs of smaller businesses? Some push to find out
Economists generally believe that the diffusion and adoption of generative AI will occur much faster, in part because information flows more quickly than it did in the past.
ChatGPT a mentor for Japan's 89-year-old app developer
Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills. As in other developed economies, the plummeting birth rate has raised fears of a looming demographic crisis with not enough workers to support the growing ranks of retired.
Apple launches AI products: Markets yawn, Elon Musk outraged
After months of mystery over Apple’s AI strategy, it took a step taken by nearly every other tech company: integrate some OpenAI models into its products for features like text generation. Let's take a look at highlights from the event and what followed.
Apple brings ChatGPT and more AI to devices, Wall Street unimpressed
In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to suit the occasion.
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ChatGPT maker OpenAI hires Nextdoor's Sarah Friar as CFO
OpenAI said on Monday it has hired Sarah Friar, most recently the CEO of Nextdoor, as its first chief financial officer. The artificial intelligence firm has also appointed Kevin Weil, who has previously worked at Twitter and Instagram, as chief product officer.
STOIC hits India with 'Zero Zeno': Israeli firm tries to disrupt Lok Sabha elections; pushed anti-BJP, pro-Congress content
OpenAI's report revealed that STOIC, an Israeli political campaign firm, conducted an operation called 'Zero Zeno' to generate anti-BJP and pro-Congress content during the Indian elections, while also commenting on the Gaza conflict. In May, the network began targeting India specifically, criticizing the ruling BJP and praising the opposition Congress party.
OpenAI to bring advanced artificial intelligence model, to succeed GPT-4
OpenAI is working on advanced artificial intelligence (AI) model which will be upgraded version of GPT-4 system.
‘Black Widow’ Vs AI: Scarlett Johansson threatens to sue OpenAI for recreating her voice
During OpenAI's unveiling of its newest model, users observed a similarity in the chatbot's 'Sky' voice option, which audibly delivers responses to users. This playful addition to the AI chatbot sparked comparisons to Samantha, the character portrayed by the actress in the 2013 film 'Her'. The actress claimed that Open AI boss Sam Altman had approached in in September 2023 with a request to borrow her voice for a special feature.
Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
Apple will revamp Siri to catch up to its chatbot competitors
Introduced in 2011 as the original virtual assistant in every iPhone, Siri had been limited for years to individual requests and had never been able to follow a conversation. It often misunderstood questions.
Friends from the old neighborhood turn rivals in Big Tech's AI race
Microsoft's push into artificial intelligence with its partner, OpenAI, the maker of ChatGPT, has rattled Google. The two companies are now fighting to control what many experts see as the next dominant computing platform, a battlefield as important as the web browser and the smartphone before it. Hassabis is driving the creation of Google's AI technology, while Suleyman works to put Microsoft's AI in the hands of everyday people.
Vijay Shekhar Sharma seeks ChatGPT advice on cooking oil. Social media users ask is it the reason behind PayTM's downfall
Paytm founder Vijay Shekhar Sharma sought advice from ChatGPT on the health effects of reheating cooking oil. He shared his findings on social media, warning about the dangers of reheating oil too many times. However, his post was met with criticism from some users, who questioned his focus.
Voice of pod: Why entrepreneurs are turning into popular hosts of podcasts
A marketing expert, who has worked with a unicorn founder on their podcast, points to two factors behind this chat show zeal. “Capital is scarce. It goes to people with high visibility. Also, while it takes crores of rupees to pull off traditional advertising, podcasts are low-cost with a massive impact because they work as content,” he says, requesting anonymity.
The new AI disruption tool: Devin(e) or Devil for software engineers?
After ChatGPT made waves all over the world for its surprising generative AI capacity, a US-based company called Cognition has announced the launch of a new AI tool called Devin which it claims to be the world's first fully autonomous AI software engineer which can write code with command prompts.
OpenAI, Microsoft AI tools generate misleading election images: researchers
The Center for Countering Digital Hate (CCDH), a nonprofit that monitors online hate speech, used generative AI tools to create images of US president Joe Biden laying in a hospital bed and election workers smashing voting machines, raising worries about falsehoods ahead of the US presidential election in November.
ETtech Explainer: Elon Musk vs OpenAI and the curious case of sour grapes
Elon Musk's lawsuit against OpenAI alleges that the artificial intelligence firm has strayed from its original not-for-profit mission of building open-source artificial intelligence (AI) for the good of humanity, working now to ‘maximise profits’ for its major investor Microsoft.
OpenAI to name new board members in March: report
The move would finally end an impasse that began after the Microsoft-backed company's former board fired CEO Sam Altman in November.
Elon Musk sues OpenAI and CEO Sam Altman for breach of contract
The lawsuit said Altman, along with OpenAI's co-founder Greg Brockman, originally approached Musk to make an open source, non-profit company that would develop artificial intelligence technology for the "benefit of humanity".
Ola founder Bhavish Aggarwal’s Krutrim AI launches chatbot in beta mode
The chatbot launched is called Krutrim Assistant and works as a personal generative artificial intelligence assistant that employs over 10 languages in its responses. It competes with the likes of ChatGPT, Gemini ad Llama.
Amazon Pay secures payment aggregator licence; Krutrim AI’s chatbot
Amazon Pay has received a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s ETtech Top 5.
Bezos, Nvidia join OpenAI in funding humanoid robot startup: report
Figure AI, also backed by ChatGPT-maker OpenAI and Microsoft, is raising about $675 million in a funding round that carries a pre-money valuation of about $2 billion, according to the report.
Nvidia says growth will continue as AI hits 'tipping point'
The Silicon Valley chipmaker has been on an extraordinary rise over the past 18 months, driven by demand for its specialised and costly semiconductors, which are used for training popular AI services like OpenAI's ChatGPT chatbot.
A video star is born: OpenAI’s Sora stuns with AI act
Many believe OpenAI's Sora could transform a swathe of creative industries — from filmmaking and advertising to graphic design and game development — as well as sectors such as social media, influencer marketing and even edtech, while rendering things like stock footage obsolete.
AI officer is the hot new job that pays over $1 million
Businesses are now scrambling to appoint AI leaders, with some metaverse executives reinventing themselves as AI experts. Compensation packages for AI leaders average above $1 million. Most companies have moved on from the metaverse trend, focusing instead on AI. The fickle nature of technology trends is evident in the shifting focus from metaverse to AI.
Ola founder Bhavish Aggarwal’s Krutrim announces ChatGPT rival
New large language model to have generative support for 10 Indian languages, to be trained on 'Indian ethos and culture'
Founder vulnerability in technology ecosystem is worrying: Indian startup industry on Sam Altman’s ouster from OpenAI
While the exact reasons behind Altman’s abrupt ouster are still to be disclosed by OpenAI, multiple executives ET spoke to say his exit would affect the pace of evolution of AI and put the lens on the composition of startup boards, globally.
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