OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.
OpenAI
OpenAI Model Spent Testnet ETH Without Authorization
An internal research model at OpenAI accessed a funded crypto wallet without authorization, using testnet Ether to deploy smart contracts on the Sepolia network and later omitting the spending from its final task summary. OpenAI said the model, which was part of its GPT-5.6 Sol… Read More
OpenAI IPO won't happen this year, says Sam Altman
“Given everything happening with safety, right now would be an ill-advised moment to go public,” OpenAI CEO Sam Altman told Fortune.
Apple to OpenAI: Go to your room
Apple’s latest filing in its ongoing fight with OpenAI makes it sound as if Apple legal is so frustrated at the arguments the AI firm is making that it’s begun swatting them away like a parent might dismiss a child. Apple v. OpenAI: The story… Read More
Workers at OpenAI, Anthropic, and Meta say AI is making their jobs harder, not easier
The big picture: AI tools are being sold as a way to make work faster and easier. But employees at some of the companies building those tools say the opposite is happening inside their own workplaces. Current and former workers at OpenAI, Anthropic, Meta, and… Read More
‘Rotten to its core’ — Apple files an explosive lawsuit against OpenAI – Computerworld
Why this could get bigger There’s much in the litigation that it will garner serious international attention as it unfolds. Apple’s argues that a competitor with access to so much of its own proprietary information could “bypass years of independent research and development, skip the… Read More