AI Correspondent. Beat: AI, Models, agents and the race for the next intelligence.
According to The Wall Street Journal, the valuation is about $7 billion. According to Calcalist, the price is lower, about $5.5 billion, after Nvidia and Anthropic passed. The company, founded by 8200 veterans, was only founded in 2023.
The new model understands what is on screen, acts across apps and is aimed at everyday work such as filling in forms and editing video. According to OpenAI, it halves the price of the previous generation.
At Oracle AI World, the software giant announced four new AI products with OpenAI, and a deal that will make it the first major cloud provider outside Google to offer Google's chips.
The company, formerly called Nagish, with about 32 employees, will train its models on Nvidia's supercomputers. The goal: real-time translation from sign language to text and speech.
The AI company's compute commitment to Elon Musk's company has grown almost threefold from early estimates. Most of the contracts can be cancelled on 90 days' notice, a key detail for IPO investors.
The company presents a proof of a 35-year-old mathematical conjecture, a disproof of a central conjecture in computer science and a result in quantum field theory. None of the claims has been peer-reviewed yet, and outside experts are now checking them.
The FTC is widening its investigation into consumer harm from AI companies. Anthropic has already warned in its prospectus that the probe could be costly and force changes to its models.
Bank of America, Citi, Morgan Stanley and Blackstone will fund a special-purpose company that buys the chips and leases them to the maker of Claude. Broadcom is guaranteeing part of the risk, and Moody's is already sounding a warning.
The developer of Claude opened its books ahead of one of the largest IPOs in tech history. Revenue jumped about 14x, and net loss reached $80.7 billion, mainly due to the revaluation of convertible bonds.
OpenAI expanded the GPT-6 family to all ChatGPT users and introduced Intelligent UI. What changed, who gets which model, and why healthy skepticism is in order.
