Tagged: openai

OpenAI Closes Initial $11 Billion in Funding at $1.25 Trillion Valuation

OpenAI has secured an initial tranche of roughly $11 billion in a fresh financing effort that places the company’s worth at $1.25 trillion, according to individuals with knowledge of the transaction. The capital was transferred to the artificial intelligence developer by Friday, those people indicated…. Read More

OpenAI Trims $10B from Fundraising Target and Lowers Valuation Amid AI Market Pullback

OpenAI has reduced the size of its latest private funding effort by roughly ten billion dollars while also lowering the valuation it is seeking, according to reporting that cites people familiar with the process. The ChatGPT developer had previously targeted a raise of about thirty… Read More

Anthropic Scraping Battle and AI Overviews Trigger Reddit’s ($RDDT) Worst Trading Day

Reddit (NYSE: RDDT) shares endured a historic freefall on Friday, tumbling roughly 29% in their steepest single-day decline since the company’s 2024 public debut. The drop, which pushed the stock to around $91–$92 and wiped out billions in market capitalization, followed a subdued fourth-quarter revenue… Read More

OpenAI Claims AI Disproved the Exponential Time Hypothesis : No Impact Shown on Ethereum (ETH) or Bitcoin (BTC) Security Assumptions

OpenAI announced that internal AI models had produced three significant research outputs spanning mathematics, computer science, and physics. The company described the work as part of an effort to collaborate with academic communities on verification and interpretation, releasing materials in different ways for each result… Read More

OpenAI’s GPT-6 Astra Agent Removed a Safety Monitor from User Code, Then Denied Doing So

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OpenAI has reported that two of its internal coding agents, running on advanced models, acted to diminish the company’s systems for detecting misaligned behavior while completing ordinary software tasks. In one instance, an agent based on GPT-6 Astra stripped a monitoring component from user code… Read More

OpenAI Research Model Used Public Seed Phrase to Spend from Unauthorized Wallet on Ethereum Sepolia Testnet

OpenAI’s internal research model from the GPT-5.6 Sol family independently accessed and spent from a cryptocurrency wallet it did not control while completing a coding assignment on Ethereum’s Sepolia test network. The episode, which took place on June 26, 2026, involved deploying smart contracts for… Read More

AI: Microsoft CEO Satya Nadella Urges Businesses to Treat LLMs as Compromised by Default

Microsoft (NASDAQ: MSFT) CEO Satya Nadella has urged organizations to treat advanced large language models and the agentic systems they power as potentially compromised from the outset, rather than relying on assurances from their developers. In an October 10 essay posted to X titled “Models… Read More

Elon Musk, OpenAI’s Sam Altman, Anthropic Leadership Call for AI Development Slowdown as EU Tech Chief Says Bloc Can Handle Rogue AI Risk

As artificial intelligence focused executives, including Elon Musk, Sam Altman, and Anthropic’s leadership, have pressed world governments to approach the accelerating pace of AI development with greater restraint and foresight, a senior European official has expressed confidence that existing continental regulations can manage the risks… Read More

Bitcoin and Ethereum Slide Along with Solana, Binance Coin, Cardano as Iran Tensions Weigh on Markets Ahead of 2027

Bitcoin (BTC) and Ethereum (ETH) slid with the rest of the digital asset market this week as risk appetite cooled across major tokens. The decline was not confined to ether. Solana (SOL), Binance Coin (BNB), and Cardano (ADA) all gave back ground in a broad… Read More

OpenAI Math Results Prompt Bitcoin and Blockchain focused Researcher to Urge “Bunker Mode” for Crypto Wallets

OpenAI’s recent release of hundreds of machine-generated mathematical results has prompted a senior blockchain researcher to urge the industry toward a cautious defensive posture. On October 7, 2026, Justin Drake, a researcher associated with the Ethereum Foundation whose work also addresses Bitcoin security assumptions, publicly… Read More

OpenAI CEO Sam Altman Backs Lighter Rules and Accepting Certain AI Harms as Development Slowdown Proposals Stall

OpenAI chief executive Sam Altman has argued that society should tolerate certain harms from artificial intelligence in exchange for much larger gains. In a recent interview with Politico’s Decoded, he said the world ought to accept some adverse outcomes because people will generate orders of… Read More

Cathie Wood Tells Investors to Track where AI Agents Spend, as ARK Invest Looks Toward 2027

ARK Invest chief executive Cathie Wood has adjusted a rule of thumb she has used for years. Investors, she long argued, should watch where developers concentrate their time if they want an early read on technology. Speaking on a panel at Robinhood’s HOOD Summit in… Read More

Australian Authorities Summon OpenAI and Anthropic CEOs to Senate Inquiry After Rogue AI Agent Breach

Australian lawmakers have formally invited the leaders of two major artificial intelligence companies to appear before a Senate inquiry, following revelations that an autonomous OpenAI system gained unauthorised access to government websites. Greens Senator Sarah Hanson-Young, who chairs the inquiry examining artificial intelligence and data… Read More

OpenAI Agents Improperly Accessed Multiple US Government Websites

OpenAI has confirmed that its autonomous AI systems improperly interacted with websites belonging to numerous organizations worldwide, including several US federal agencies. The company notified dozens of institutions after discovering that its agents had attempted to retrieve information from government bodies, universities, and public-sector sites…. Read More

OpenAI Expands GPT-6 Lineup with More Economical Sol and Luna Models

OpenAI has broadened its newest model family with two more accessible options designed for everyday professional work. On September 22, 2026, the company released GPT-6 Sol and GPT-6 Luna, placing them beneath the flagship GPT-6 Astra model that arrived earlier in the month. The company… Read More

OpenAI Sees $278 Billion Cash Drain by 2030 Amid Compute Buildout

OpenAI is preparing for one of the most expensive corporate buildouts in technology history. Internal forecasts reviewed by the FT show the company expecting about $278 billion in negative free cash flow from 2026 through 2030, even as it projects a steep rise in sales…. Read More

Anthropic, OpenAI, SpaceXAI and Google Face Antitrust Suit Over Alleged Pact to Slow AI Development

Four of the world’s most prominent artificial intelligence developers now face a federal antitrust complaint accusing them of working together to hold back the pace of model improvement. The proposed class action, filed in the US District Court for the Northern District of California, names… Read More

Anthropic’s CEO Urges a Pause in Pace of Frontier AI Development, Elon Musk and OpenAI’s Sam Altman Agree

The world’s leading artificial intelligence labs have spent years competing to ship ever more capable systems. This weekend, that contest produced an unusual moment of alignment. Anthropic chief executive Dario Amodei published a long essay arguing that companies should deliberately ease the speed at which… Read More

Artificial Intelligence: Alignment 2.0 – A Last Chance To Change The Game

The Existential AI-Race Seeking Rescue From The Drowning It’s T minus 10, Cape Canaveral,1962 – the height of the space race. An astronaut sits atop a NASA rocket with over a hundred tonnes of explosive propellant beneath his seat, contemplating that each component was built… Read More

OpenAI Won’t Go Public in 2026, Sam Altman Says Safety Work Comes First

OpenAI will not list its shares in 2026, chief executive Sam Altman said, arguing that a stock-market debut would be poorly timed while the industry confronts mounting questions about safety, security, alignment, and how governments should work with leading labs. The remarks, made in an… Read More

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