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OpenAI's Tesla Playbook: Big Revenue, Zero Profit, All Vision
Friday, July 18, 2025 - 10:06am | 542OpenAI is raking in billions, reshaping industries, and amassing a user base rivaling the world's top tech firms — but it's still not making a dime. If this sounds familiar, it should. OpenAI co-founder Sam Altman may be running Silicon Valley's next great high-growth, no-profit juggernaut. It...
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Scale AI Slashes 14% Of Workforce After Meta's $14 Billion Investment
Wednesday, July 16, 2025 - 5:06pm | 524Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff. The Details: The artificial intelligence company confirmed Wednesday that it is reducing its workforce by 200 full-time...
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Apple's Data Center Chief Joins OpenAI As Sam Altman, Jony Ive Team Up In $6.4 Billion 'io' Deal
Thursday, July 10, 2025 - 3:01am | 564OpenAI Inc. has recruited Apple Inc.‘s (NASDAQ:AAPL) director of data center engineering as the artificial intelligence company bolsters its physical infrastructure capabilities amid a $6.4 billion acquisition of designer Jony Ive’s hardware startup. What Happened: Spas Lazarov, who...
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OpenAI Finalizes $6.5 Billion Deal To Acquire Jony Ive's AI Hardware Startup—Here's What We Know About Their First Device
Thursday, July 10, 2025 - 2:18am | 631OpenAI has finally completed its $6.5 billion acquisition of Jony Ive's AI hardware startup io Products, officially bringing the former Apple Inc. (NASDAQ:AAPL) design chief and his team into the fold to build a new generation of AI-native devices. What Happened: On Wednesday, OpenAI updated,...
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Meta, Copilot Flunk AI Privacy 101 — Big Tech Is Playing Chicken With Your Privacy
Wednesday, July 9, 2025 - 7:15pm | 537The risk of unauthorized data collection and privacy breaches has surged as generative AI and large language models (LLMs) become embedded in everyday tools and services. Here's a look at some of the least invasive AI platforms, as well as the most aggressive data collectors. What To Know:...
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OpenAI Set To Unleash AI Browser Targeting Google Chrome's Dominance
Wednesday, July 9, 2025 - 4:59pm | 443OpenAI is preparing to introduce a new web browser powered by artificial intelligence, aiming to directly compete with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Chrome, which currently dominates the global browser market. The Details: The browser is expected to debut in the coming...
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Can't Buy SpaceX Stock? SoFi Just Opened The Backdoor — And It Starts At $10
Wednesday, July 9, 2025 - 8:36am | 423Elon Musk's SpaceX is gearing up for a jaw-dropping $400 billion valuation in its latest insider share sale. But if you're not an employee, investor, or close friend of the rocket maker, you're probably stuck on the sidelines. SpaceX's tender offer allows employees and early investors to cash out...
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Meta's AI Empire Grows — Fueled By OpenAI, DeepMind, Apple Defectors
Tuesday, July 8, 2025 - 12:18pm | 568Meta Platforms Inc (NASDAQ:META) is aggressively expanding its AI dominance through its Superintelligence Labs (MSL), launched in June 2025 to pursue artificial general intelligence (AGI). Led by CEO Mark Zuckerberg, MSL consolidates Meta's Llama models and FAIR (Fundamental Artificial Intelligence...
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OpenAI Sticks With Nvidia: ChatGPT Maker Says No Plans To Use Google's AI Chips At Scale
Tuesday, July 8, 2025 - 5:22am | 572Nvidia Corp. (NASDAQ:NVDA) strengthened its partnership with OpenAI after the ChatGPT maker confirmed it has no plans to deploy Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) in-house artificial intelligence chips at scale, despite recent cloud collaboration between the rivals. What Happened...
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After DeepSeek Scandal, OpenAI Locks Down Its Labs With Fingerprints, Firewalls, Ex-Palantir Security Chief: Report
Tuesday, July 8, 2025 - 4:54am | 584Amid mounting fears of foreign espionage and alleged model theft by Chinese rival DeepSeek, ChatGPT-parent OpenAI has reportedly ramped up its internal security protocols. What Happened: OpenAI has tightened security to prevent corporate espionage and leaks of its foundational model technologies,...
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Sam Altman's Endorsement Skyrockets Crib Sales, Cradlewise CEO Reveals
Sunday, July 6, 2025 - 5:39pm | 429Sam Altman, the CEO of OpenAI, has been credited with a significant sales boost for crib manufacturer Cradlewise, following his endorsement of the product. What Happened: Altman, who became a father in February, shared his parenting supplies recommendations in an April 13 post, which included a...
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Microsoft Slashes 9,000 Jobs While Mark Zuckerberg's Meta Poaches $20 Million Worth Of AI Talent From OpenAI: Investor Warns Of 'Jealousy, Envy, And Helplessness' Among Tech Workers In Silicon Valley
Thursday, July 3, 2025 - 5:35am | 571Microsoft Corp. (NASDAQ:MSFT) cut 9,000 jobs in its second 2025 layoff round while Meta Platforms Inc. (NASDAQ:META) and OpenAI ignite a talent war with compensation packages reaching $20 million annually, creating stark contrasts in Silicon Valley’s artificial intelligence landscape. What...
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Vlad Tenev Says OpenAI, SpaceX Tokens Not 'Technically' Equity After ChatGPT Parent Questions Giveaway, Robinhood CEO Calls It 'Seed' For Something Bigger
Wednesday, July 2, 2025 - 10:07pm | 795Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev clarified the nature of the company’s OpenAI token giveaway on Wednesday amid growing controversy about the nature of the equities. What Happened: In an X post, Tenev talked about Robinhood’s recent crypto event, where it...
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OpenAI Says Tokens Are Not Equity, No Partnership With Robinhood: Musk Says AI Company's Equity 'Is Fake'
Wednesday, July 2, 2025 - 6:38pm | 521OpenAI publicly stated on Wednesday that the so-called "OpenAI tokens" offered by Robinhood Markets, Inc. (NASDAQ:HOOD) are not OpenAI equity and clarified it has no partnership or involvement with Robinhood regarding the product. The Details: OpenAI Newsroom said in a post on X that any transfer...
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OpenAI's Sam Altman Hints At Compensation Evaluation Amid Meta's 'Distasteful' AI Talent Poaching Spree: Report
Wednesday, July 2, 2025 - 7:19am | 588OpenAI CEO Sam Altman, in an internal message to OpenAI researchers, reportedly emphasized the importance of staying with OpenAI and hinted at possible compensation evaluations. What Happened: In a message to OpenAI researchers on Monday, Altman made a strong case for staying with OpenAI,...