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The Latest Breaking News from Sam Altman

Sam Altman fails to get eyes on his ‘creepy’ startup

OpenAI boss is less than 1 per cent of the way to reaching his goal of 2 billion iris scans

The Independent UK

OpenAI says it plans to report stunning annual losses through 2028—and then turn wildly profitable just two years later

The company anticipates burning through roughly $9 billion this year on $13 billion in sales, a cash burn rate of approximately 70% of revenue.

Fortune

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

Fortune

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OpenAI reportedly hemorrhages $15 million/day on AI slop videos — after Bill Gates warned Satya Nadella against "burning billions" in the ChatGPT maker

A new report seemingly corroborates this theory, suggesting that OpenAI burns through approximately $15 million per day through itsSora video creation app.

Windows Central

Andrew Ng Says AI-Assisted 'Vibe Coding' Revolutionizing Software Development, Making Coding Accessible To CEOs, Non-Engineers

Tech pioneer Andrew Ng says AI-assisted coding, or "vibe coding," is lowering the barrier to software development and giving professionals across industries the tools to innovate faster than ever.

Benzinga

Scott Galloway Warns Of Potential OpenAI Collapse Triggering An 'Ugly' Market Shock: 'Going To Be Nowhere To Hide'

Scott Galloway, a bestselling author and NYU professor, has issued a dire warning about the potential collapse of OpenAI, suggesting that it could have far-reaching implications for the global market.

Benzinga

Jim Cramer Says AI Bulls Want OpenAI To Keep Spending — But Worry It Can't: We Are Hearing About 'Cracks'

OpenAI's aggressive push to dominate the artificial intelligence landscape may be showing signs of strain, according to CNBC's Jim Cramer, who warned that the company's massive spending spree could test even the strongest bulls in the AI trade.

Benzinga

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Scott Galloway warns of ‘nowhere to hide’ in markets if the OpenAI story unravels

"If the music stops, there's not only not any chairs, there's like hot coals they're all going to sit on. It's going to be ugly."

Fortune

Can OpenAI keep pace with industry’s soaring costs?

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimism

The Guardian - UK

Jim Cramer Left Unimpressed With His ChatGPT Encounter: 'Hard To Believe Any Serious Entity Really Trusts These Chat Bots'

Jim Cramer has raised fresh doubts about the reliability of AI chatbots like OpenAI's ChatGPT after experiencing inconsistent answers firsthand.

Benzinga

Sam Altman's OpenAI Hints At Offering AI Cloud Services, Seeks Ways To Directly Sell Compute Capacity

OpenAI's Sam Altman hinted at a potential new direction for the company, suggesting that the AI startup might start offering compute capacity directly to other businesses and individuals.

Benzinga

OpenAI asks U.S. to expand CHIPS Act tax credit to cover AI infrastructure despite firm's denial wanting a government 'backstop' for its massive loans

OpenAI has asked the Trump administration to expand a major CHIPS Act tax credit to support the build-out of AI infrastructure, including servers, data centers, and power systems.

Tom’s Hardware

Sam Altman backs away from OpenAI's statements about possible U.S. gov't AI industry bailouts — company continues to lobby for financial support from the industry

OpenAI CEO Sam Altman clarified on Thursday that the company does not "have or want government guarantees" for its data centers.

Tom’s Hardware

OpenAI's Sam Altman is not looking for government rescue if things go bad: 'Taxpayers should not bail out companies that make bad business decisions'

That doesn't mean the US government won't help in other ways.

PC Gamer

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Benzinga

Sam Altman Denies OpenAI Seeking Trump Government's Bailout After CFO's Comment Sparks Controversy: 'We Do Not Have Or Want...'

OpenAI CEO Sam Altman has moved swiftly to quash speculation that the company is seeking a federal bailout or financial guarantees from the Donald Trump administration after a remark by his CFO ignited confusion about the company's funding strategy.

Creative Bloq

Studio Ghibli politely declares war on Sora's AI slop

But will OpenAI listen?

Axios

AI executives rebuff questions about valuations

Sam Altman and Alex Karp snubbed concerns about the fundamentals of their firms.

Benzinga

Tesla Roadster 3 Years Away From Production — Could Sport 2-Door Design Amid Elon Musk's 'Unforgettable Demo,' 'Flying Car' Claims: Report

Tesla Inc. (NASDAQ:TSLA) is reportedly some time away from kicking off the Roadster's production following a recent job listing that sparked buzz about the highly anticipated successor to Tesla's first-ever sports car.

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TechRadar

"You may actually have a bunch of chips sitting in inventory that I can’t plug in" - Satya Nadella admits an embarrassing shortcoming, so let's hope it doesn't set the company back in the AI arms race

Microsoft’s AI growth faces power shortages as global energy limits challenge data center expansion and raise fears of an AI bubble.

Windows Central

Sam Altman is tired of the AI bubble talk — and says OpenAI could be worth $100 billion by 2027

OpenAI CEO Sam Altman is fed up with critics, says 'enough' to questions about OpenAI's finances, and claims the company's revenue is "growing steeply" and exceeding $13 billion annually.

Fortune

Meet the power broker of the AI age: OpenAI's 'builder-in-chief' helping to turn Sam Altman's trillion-dollar data center dreams into reality

Greg Brockman is OpenAI's master builder, steering a $1.4 trillion infrastructure buildout with stakes that go far beyond the tech sector.

PC Gamer

Japan's biggest publishing house and one of the world's largest manga producers takes aim at OpenAI, accusing it of 'trampling on the dignity of artists'

Benzinga

Billionaire Sam Altman Says His Own Son 'Won't Ever Be Smarter Than AI' — But He'll Still Be Happy Because 'It's The Only World They'll Ever Know'

Billionaire Sam Altman says his own son will grow up in a world where humans never catch up to artificial intelligence—and he's fine with that.

The Independent UK

OpenAI and Amazon sign $38 billion deal for AI computing power

OpenAI and Amazon have signed a $38 billion deal to run OpenAI's systems on Amazon's cloud services

The Guardian - UK

OpenAI signs $38bn cloud computing deal with Amazon

Agreement to use AWS datacentres, and Nvidia chips inside them, part of $1.4tn spending spree on AI infrastructure

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