Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside. Recently, many AI-related companies have seen voracious optimism and spikes in valuations. In August, the OpenAI CEO told reporters the AI market was in a bubble. When bubbles happen, “smart people get overexcited about a kernel of truth,” Altman…
Most stocks ticked higher on Friday, sending Wall Street to more records. The S&P 500 edged up by less than 0.1% to close out its seventh winning week in the last nine, and the Dow Jones industrial average climbed 238 points, or 0.5%. Both added to their all-time highs set the day before. The Nasdaq…
OpenAI’s Sora app for AI videos is a viral hit, despite being invite-only for now and limited to users in the U.S. and Canada at launch. On its first day, Sora saw 56,000 downloads, and is now ranked as the No. 3 Top Overall app on the U.S. App Store, according to new data from…
By Krystal Hu (Reuters) –OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter told Reuters on Thursday. This represents a bump-up from its current valuation of $300 billion, underscoring OpenAI’s…
In a video on OpenAI’s new TikTok-like social media app Sora, a never-ending factory farm of pink pigs are grunting and snorting in their pens — each is equipped with a feeding trough and a smartphone screen, which plays a feed of vertical videos. A terrifyingly realistic Sam Altman stares directly at the camera, as…
On Tuesday, OpenAI released an AI video app called Sora. The platform is powered by OpenAI’s latest video generation model, Sora 2, and revolves around a TikTok-like For You page of user-generated clips. This is the first product release from OpenAI that adds AI-generated sounds to videos. For now, it’s available only on iOS and…
OpenAI is releasing a stand-alone social app for making and sharing artificial intelligence-generated videos with friends, an attempt to supercharge adoption for the emerging technology just as ChatGPT did for chatbots three years ago. The free Sora app, available from Tuesday by invitation, is powered by a new version of OpenAI’s video-making software of the…