High Usage Drives OpenAI’s $200/Month ChatGPT Pro Subscription Into Loss
6 January 2025
ChatGPT Pro struggles to profit despite its $200/month fee due to high usage and computational demands from OpenAI’s advanced AI models.
Qualcomm and Amazon Announce Automotive AI Collaboration
6 January 2025
Qualcomm Technologies and Amazon have announced a collaboration to enhance AI capabilities in automotive applications, aiming to deliver more intuitive, personalized, and responsive in-car experiences.
Russia Deepens AI Partnership with China Amid Western Sanctions
1 January 2025
Amid Western sanctions, Russia deepens AI partnership with China and president Putin orders Russia and Sberbank to collaborate with China on AI. This strategic partnership seeks to bridge technology gaps and assert global AI competitiveness.
OpenAI Reveals PBC Transition Plan and Its Mission for AGI
27 December 2024
OpenAI is transitioning its for-profit to a Public Benefit Corporation to secure funding for AGI development while preserving its mission for societal impact.
Elon Musk’s xAI Raises $6 Billion in Latest Funding Round, Doubling Valuation to $45B
23 December 2024
Elon Musk’s xAI raises $6 billion in Series C funding, doubling its valuation to $45 billion. Funds will accelerate innovation, products, and R&D.
Google Challenges OpenAI with Gemini 2.0 Flash Thinking Experimental AI
19 December 2024
Google’s Gemini 2.0 Flash Thinking employs advanced reasoning techniques with feedback loops for enhanced problem-solving, redefining AI innovation.
Databricks Achieves $62B Valuation with Record $10B VC Round Amid AI Analytics Surge
17 December 2024
Databricks raised $10 billion in a landmark venture capital round, driving its valuation to $62 billion. The funding supports AI growth, talent hiring, and acquisitions.
Meta Backs Musk in Legal Battle Against OpenAI
14 December 2024
Meta backs Musk’s legal battle against OpenAI, petitioning California Attorney General to block OpenAI’s shift to a for-profit model
OpenAI Hits Back at Elon Musk’s Lawsuit, Revealing Email Evidence
13 December 2024
OpenAI hits back at Elon Musk: All you need to know. From nonprofit disputes to xAI rivalry, with ethical, legal, and market implications.