OpenAI kicked off an AI revolution with DALL-E and ChatGPT, making the organization the epicenter of the artificial intelligence boom. Led by CEO Sam Altman, OpenAI became a story unto itself when Altman was briefly fired and then brought back after pressure from staff and Microsoft, an investor and close partner.
It joins other media companies like News Corp, Axel Springer, The Financial Times, Vox Media, The Atlantic, and The Associated Press in licensing content for training AI models like ChatGPT.
Financial details for the deal have not been disclosed. Time COO Mark Howard says:
“This partnership with OpenAI advances our mission to expand access to trusted information globally as we continue to embrace innovative new ways of bringing Time’s journalism to audiences globally.”
At WWDC, Apple announced a deal with OpenAI to make ChatGPT available for certain tasks on iPhones with iOS 18 and other devices (as long as you aren’t in the EU). Execs also mentioned Google Gemini, but the list doesn’t end there, according to the Wall Street Journal.
In addition to Google and Meta, AI startups Anthropic and Perplexity also have been in discussions with Apple to bring their generative AI to Apple Intelligence, said people familiar with the talks.
During a recent talk at Dartmouth’s school of engineering, OpenAI CTO Mira Murati said the quiet part out loud. I’ll let you watch and be the judge:
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The company is on track to make about $3.4 billion in revenue this year, which is about double what it brought in last year, according to a new report by The Information.
CEO Sam Altman reportedly told employees that $200 million of that revenue is the cut OpenAI gets from Microsoft selling its models through Azure. That means the vast majority of OpenAI’s revenue is coming from ChatGPT subscriptions and its own developer platform.
[The Information]
I’m at Fortune’s MPW dinner in San Francisco, where OpenAI CTO Mira Murati had a quick, wide-ranging conversation about the state of the company.
What I found most interesting was her comments on the weird board structure: The previous non-profit board structure didn’t have accountability to anyone but themselves, she said. That is the old board that ousted CEO Sam Altman.
Musk, who founded xAI, said that “if Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies,” and called that integration “an unacceptable security violation.”
Apple and OpenAI have implemented precautions, with OpenAI saying that “requests are not stored by OpenAI.” Still, Musk might make visitors check their Apple devices. Will Windows devices need to be checked, too?
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Kevin Weil, a Facebook product veteran, is joining in the newly-created role of chief product officer. Ex-Nextdoor CEO Sarah Friar is also joining as chief financial officer.
“Sarah and Kevin bring a depth of experience that will enable OpenAI to scale our operations, set a strategy for the next phase of growth, and ensure that our teams have the resources they need to continue to thrive,” CEO Sam Altman says.
Apple is widely expected to announce a partnership with OpenAI at WWDC today. CEO Sam Altman has already been spotted on the ground at Apple HQ as people arrive for the keynote. More to come very soon.
Take comfort in your shared misery because ChatGPT has been up and down since about 3AM ET, according to our own testing and OpenAI’s dashboard. A fix has been implemented as of 7:19AM ET and marked resolved shortly thereafter.
The 39-year-old has no stake in OpenAI and earns a yearly salary of $65,000. But Altman was already rich as a result of his early investments in startups, and now he’s super rich after backing more companies that do business with the ChatGPT maker.
His holdings are now worth at least $2.8 billion.
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OpenAI says that training of its latest frontier model “has recently begun” — something that’s been rumored for a while — on the path to developing artificial general intelligence (AGI).
Altman and Co have also formed a new Safety and Security Committee to help guide critical decisions for OpenAI projects. This follows the resignation of a key OpenAI researcher over concerns that safety had taken ‘a backseat to shiny products.’