OpenAI: ChatGPT maker’s UK earnings skyrocket July 23, 2025 OpenAI has raked in millions of pounds since the launch of artificial intelligence (AI) service ChatGPT in the UK, it has been revealed. The UK division of the US tech giant ended last year with current assets of £56.2m which included £42.4m in the bank and a further £13.7m owed by debtors, according to new [...]
OpenAI’s new web browser targets Google Chrome – and your data July 10, 2025 OpenAI is finalising the release of its first AI-powered web browser – an ambitious move that could upend the dominance of Google Chrome and shift the battleground for user data, digital ad revenues, and cybersecurity. The browser, expected to launch by the end of July, will embed a ChatGPT -style interface directly into the web [...]
OpenAI’s security crackdown signals new AI battle July 8, 2025 Silicon Valley’s $300bn crown jewel, OpenAI, is shifting focus from building artificial intelligence to protecting it. OpenAI, the maker of ChatGPT and arguably the most scrutinised name in AI, has imposed a sweeping internal lockdown. From biometric fingerprint scans, to offline ‘tented’ R&D zones, the San Fransisco-based firm is tightening security across the board amid [...]
Have we crossed the AI event horizon? June 26, 2025 Despite Sam Altman’s claims that we’ve crossed the AI “event horizon,” the reality is that today’s models remain far behind human intelligence in scale, flexibility, efficiency and learning, says Lewis Liu Sam Altman is currently peddling the “gentle singularity“, claiming we are already “past the event horizon” for AI – at the point where the [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]
The Capitalist: Next Pope odds, ChatGPT etiquette and miserable Brits April 24, 2025 Papal betting, ChatGPT etiquette and miserable Brits; catch up on the latest City gossip in this week's edition of The Capitalist.
OpenAI cuts safety tests in ‘reckless’ AI push April 11, 2025 OpenAI has slashed the time it will spend testing its most powerful artificial intelligence (AI) models, raising concern that the $300bn company is prioritising speed over safety in the global AI arms race. Once known for its rigorous approach to AI risk, OpenAI is now giving safety evaluators just days – sometimes even less than [...]
OpenAI countersues Musk as Altman feud escalates April 10, 2025 OpenAI has filed a counter-lawsuit against Elon Musk accusing the Tesla and X chief of attempting a hostile takeover. The claim, under “further unlawful and unfair action”, also cited orchestrating a campaign of harassment, designed to derail the AI company’s transition to a for-profit model. The legal filing, submitted on 9 April, 2025, in a [...]
Judge rejects Elon Musk’s bid to block OpenAI’s for-profit shift March 5, 2025 A US court has denied Elon Musk’s request to stop OpenAI from transitioning into a for-profit firm, a significant setback for the billionaire behind X. District Judge Yvonne Gonzalez Rogers ruled on Tuesday that Musk had not met the necessary criteria for a preliminary injunction. She cited “the public interest at stake and potential for [...]
Elon Musk’s xAI takes on rival OpenAI with new bot February 18, 2025 Elon Musk’s artificial intelligence (AI) company, xAI, has officially launched its new chatbot, escalating competition with its generative rivals such as OpenAI, Google’s Gemini and Microsoft’s Copilot. The model, Grok-3, was officially launched on Tuesday and is set to be the tech giant’s most powerful AI chatbot yet. Tech titan and chief executive Musk labeled [...]