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OPENAI REVENUE
OpenAI revenue chief Denise Dresser exits after just 8 monthsDali Rajic, who previously served as president and chief operating officer of cybersecurity firm Wiz, will replace Dresser as OpenAI’s top ...
- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gap
Chinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 billion in Q2 agai...
Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPOAnthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as t...
Inside the Google executive moves that led to its big AI reshuffleOn August 5, the Mountain View, California, tech giant announced a sweeping leadership overhaul of its Google DeepMind AI division in which...
AI code testing platform Blacksmith raises $45 million led by Peak XV, valued at $550 millionBlacksmith’s cofounder and CEO Aditya Jayaprakash, in a blog post, said “Since the start of the year, the number of CI (Continuous Integrat...
Who is Brad Lightcap? OpenAI veteran who helped turn ChatGPT into an AI giant quits; read his full resignation letterIn an unexpected move, Brad Lightcap, an instrumental executive at OpenAI, announced his departure to chase fresh opportunities. Since join...
Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
Enterprise AI startup Wonderful plans to hire up to 1,000 forward-deployed engineers in IndiaLalazar said the company is approaching $100 million in annualised revenue, with headcount spread across more than 35 countries and set to ...
Alibaba plans to charge big users of its next open-source AI modelLike last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight mo...
Meta chases OpenAI, Anthropic with new AI coding app Muse CodeMeta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence product...
Thomson Reuters lifts full-year revenue forecast with focus on AI rolloutThomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnes...
Amazon completes $50 billion OpenAI investement as ChatGPT maker nears IPOThe investment completes one of the biggest funding deals in the artificial intelligence (AI) sector, giving Amazon a roughly 5% stake in O...
Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worriesMicrosoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud ...
GPT-5.6, ChatGPT Work lift OpenAI’s July ARR over Q2OpenAI's revenue growth has surpassed second-quarter levels, driven by new product launches. The company is expanding its customer base to ...
AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...