OpenAI Completes Recapitalization, Launches $25B Foundation for Global AI Impact
OpenAI has finalized its recapitalization, forming the OpenAI Foundation with $25 billion dedicated to health breakthroughs and AI resilience initiatives.
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OpenAI has finalized its recapitalization, forming the OpenAI Foundation with $25 billion dedicated to health breakthroughs and AI resilience initiatives.
PayPal has signed an exclusive deal with OpenAI to integrate its wallet into ChatGPT, allowing users to make secure purchases directly within the AI platform starting next year.
A study by the University of Maryland and Microsoft found that Polish outperforms English and other major languages in long-context AI prompts, surprising researchers.
OpenAI has acquired Software Applications, the startup behind Sky, an AI-powered natural language interface for Mac that acts as an intelligent layer over desktop apps.
OpenAI has unveiled ChatGPT Atlas, a new web browser with ChatGPT integrated directly into its interface, blending AI assistance, search, and memory into everyday browsing.
Andrew Tulloch, co-founder of the $12 billion AI startup Thinking Machines Lab, has joined Meta after previously rejecting what reports described as a $1.5 billion offer — a figure Meta has since called ‘inaccurate and ridiculous.’
Oracle has introduced an AI Agent Marketplace within its Fusion Applications suite, expanding AI Agent Studio and integrating top LLMs from OpenAI, Anthropic, and others to accelerate enterprise AI transformation.
Oracle Cloud Infrastructure will deploy 50,000 AMD Instinct MI450 GPUs beginning in 2026, underscoring the growing competition to Nvidia in the global race for AI computing capacity.
OpenAI has announced a strategic partnership with Broadcom to design and deploy 10 gigawatts of custom AI accelerators, expanding its hardware ecosystem beyond Nvidia and AMD.
Google has unveiled Gemini Enterprise, a next-generation AI platform designed for business productivity and collaboration, positioning itself directly against Microsoft’s Copilot and OpenAI’s enterprise solutions in the race for workplace AI dominance.
OpenAI’s computing agreements have now surpassed $1 trillion, spanning deals with AMD, Nvidia, Oracle, and more – a milestone that underscores the capital intensity driving AI infrastructure expansion.
OpenAI is unveiling a new capability – Apps in ChatGPT – which allows developers to integrate apps natively inside ChatGPT. A preview of the Apps SDK is now open, enabling users to perform tasks like booking, design, and music all within a chat.
AMD and OpenAI have entered a multi-year, 6-gigawatt partnership to deploy AMD Instinct GPUs and build next-generation AI infrastructure, marking one of the largest compute collaborations in the industry’s history.
OpenAI has entered into a strategic agreement with AMD to supply high-performance AI chips, diversify its hardware sources, and build next-gen compute capacity.
OpenAI has completed a secondary share sale worth $6.6 billion, letting current and former employees sell stock at a new $500 billion valuation — a milestone in the company’s funding strategy.