OpenAI

February 14, 2025 3:02 PM

Bollywood music labels seek to challenge OpenAI in India copyright lawsuit

A group of India's top Bollywood music labels, from T-Series to Saregama and Sony, is seeking to join a copyright lawsuit against OpenAI in New Delhi, highlighting worries about improper use of recordings to train AI models, legal documents show. Microsoft-backed OpenAI's legal challenges are mounting globally and in India, its second biggest market by users. But the company says it follows fair-use principles in employing publicly available data to build its AI models. On Thursday, the Indian...

February 13, 2025 10:31 AM

OpenAI questions Musk-led USD 97.4 billion takeover bid, citing contradictions

OpenAI’s board of directors has raised concerns over a USD 97.4 billion takeover bid led by Elon Musk and others, questioning the rationale behind the proposal, The New York Times reported on Wednesday. On Monday, a group of investors led by Musk made the USD 97.4 billion bid to acquire OpenAI’s assets. In response, OpenAI CEO Sam Altman took a jibe at the offer on X, saying, “No thank you, but we will buy Twitter for $9.74 billion if you want.” Musk responded by calling Altman a “swi...

February 11, 2025 10:35 AM

Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm. Musk's bid is likely to ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the ChatGPT maker at the heart of a boom in generative AI technology. Altman on Monday promptly posted on X: "no thank you but we will buy twitter for $...

February 6, 2025 11:57 AM

Google introduces new class of cheap AI models as cost concerns intensify

Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek. The tech giant offers several versions of Gemini that vary in price and performance. It already offered a lightweight variant known as "Flash" but its new "Flash-Lite" model is even cheaper. On Wednesday, Google released Gemini 2.0 Flash to the general public after pr...

January 30, 2025 11:06 AM

SoftBank in talks to invest up to $25 billion into OpenAI, says source

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector. SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, the person said. Stargate is a joint venture by Oracle, OpenAI and SoftBank, that plans to invest up to $500 billion to help the United States stay ahea...

January 29, 2025 1:06 PM

Alibaba releases AI model it claims surpasses DeepSeek-V3

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar New Year when most Chinese people are off work and with their families, points to the pressure Chinese AI startup DeepSeek's meteoric rise in the past three weeks has placed on not just overseas rivals, but also its domestic competition. "Qwen 2.5...

January 29, 2025 4:15 PM

Why DeepSeek’s Rise Is a Black Swan Moment for the AI Industry?

DeepSeek, a groundbreaking AI startup based in Hangzhou, China, has captured global attention with the launch of its revolutionary language model, DeepSeek-R1. Released on January 20, this cutting-edge model competes with industry leaders like OpenAI’s o1 while costing a fraction of the price. With exceptional capabilities in solving complex problems across chemistry, mathematics, and coding, DeepSeek-R1 is heralding a new era in artificial intelligence (AI). Its unmatched combination of affor...

January 27, 2025 4:08 PM

Tech drags global shares lower on China’s AI push; dollar dips

European and Asian shares slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free open-source artificial intelligence model to rival OpenAI's ChatGPT. Meanwhile, the dollar dipped as broad U.S. import tariffs remained on the back burner, even as U.S. President Donald Trump threatened Colombia with levies to punish the country for earlier refusing to accept flights carrying deported migrants. China's DeepSeek rolled out a free AI assistant that it ...

January 6, 2025 1:06 PM

Murder or suicide: Suchir Balaji’s death fuels Elon Musk – Sam Altman rivalry

On 21 November, Suchir Balaji celebrates his birthday. He's found dead a few days later. Police calls it a suicide. His parents cry murder. Literally. Two parallel investigations are on into his death. One by police in the U.S. and another by a private investigator hired by his parents. Suchir Balaji was a young engineer. A U.S. national of Indian-origin, he had a promising career ahead of him. He worked with the best at OpenAI, the artificial intelligence research organisation best known for ...

January 1, 2025 10:34 AM

‘This doesn’t seem like suicide’: Elon Musk backs OpenAI whistleblower mother’s allegations on her son’s death

Elon Musk has expressed support for allegations of foul play in the death of 26-year-old former OpenAI researcher Suchir Balaji, who was found dead in his San Francisco apartment months after accusing OpenAI of copyright violations. Balaji’s mother, Poornima Rao, has publicly disputed the San Francisco Police Department’s conclusion that her son’s death was a suicide, claiming it to be a case of “cold-blooded murder.” She has demanded a federal investigation, alleging irregularities i...