Meta has unveiled Movie Gen, its AI that can create realistic videos from written instructions. The system will play catch-up with similar offerings already out, including OpenAI’s Sora and developer Runway’s version.
Tag: OpenAI
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OPENAI TO RESTRUCTURE AS PUBLIC BENEFIT CORPORATION
OpenAI is considering transforming itself into a profit-seeking corporation that also is legally committed to socially beneficial works.
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OPENAI BETS ON AI AGENT
As it transforms itself into a primarily profit-seeking entity, OpenAI is betting big on AI agents, the automated programs that can carry out tasks without human prompting, to jump-start revenue.
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OPENAI COMPLETES FUNDING ROUND VALUING IT AT $157 BILLION
OpenAI has completed a new funding round, raising $6.6 billion in a deal that values the enterprise at $157 billion, nearing double the $86 billion it was valued at early this year.
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OPEN AI WILL HELP T-MOBILE HOLD ONTO ITS CUSTOMERS
OpenAI is partnering with cell phone company T-Mobile to build an AI that will help the phone service gain customers and keep those it has.
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INVESTORS LINE UP TO BE PART OF OPENAI’S $6-BILLION FUNDING PACKAGE
After OpenAI recently announced it would seek $6 billion in new financing, investors grabbed their checkbooks.
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OPENAI MULLS REINVENTING ITSELF AS KEY EXECUTIVES QUIT
OpenAI began in 2015 as a nonprofit organization intent on creating artificial intelligence that benefits humanity. It operates a for-profit subsidiary, with those profits flowing back to the nonprofit to fund research.
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IS OPENAI WORTH $150 BILLION?
OpenAI, the company that launched the AI revolution by introducing ChatGPT, is shopping for more funding.
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OPENAI INTRODUCES “THINKING” CHATBOT
OpenAI has unveiled a new series of AIs, called OpenAI o1, that the developers say can “think” as it reasons its way through more complex problems in coding, math, and science than the company’s previous models can.
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KEY OPENAI FOUNDERS LEAVE THE COMPANY
OpenAI co-founder John Schulman announced on X last week that he’s leaving the company to join Anthropic, a younger and fast-rising competitor.