OpenAI Unveils Groundbreaking GPT-5 with Reasoning Prowess
OpenAI unveils GPT-5, a groundbreaking language model set for August release, boasting reasoning prowess from the o3 model, with CEO Sam Altman teasing its impressive capabilities.
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OpenAI CEO: Programmers 10x More Productive with AI, Software Demand Soars
OpenAI CEO Sam Altman reveals programmers are 10 times more productive with AI assistance as global software demand skyrockets 100 to 1000 times, causing programmer salaries to surge amid productivity gains failing to meet soaring demand.
Amazon Shutters AI Lab in Shanghai Amid U.S.-China Tensions, AWS Layoffs
Amid rising U.S.-China tensions and recent layoffs at Amazon Web Services, the tech giant shuts down its AI research lab in Shanghai as part of strategic adjustments and reassessment of operations in China.
Nvidia Faces $1 Billion Black Market as AI Chips Flow Illegally Into China Despite Export Restrictions
Nvidia confronts a $1 billion black market as Chinese distributors illegally sell prohibited AI chips including B200 models to bypass Trump-era export restrictions, while CEO Jensen Huang announces breakthrough agreement allowing resumed H20 chip sales to China.
Gupshup secures $60M+ funding to boost conversational AI and messaging capabilities
Gupshup raises over $60 million in funding to expand its conversational AI and messaging platform, powering 120 billion messages annually with industry-trained AI agents handling customer and employee interactions across multiple channels.
OpenAI Set to Unveil Groundbreaking GPT-5 AI Model in August 2025
OpenAI readies the release of GPT-5, a groundbreaking AI model combining traditional and reasoning capabilities, with mini and nano versions accessible via its API in August 2025.
Microsoft Raids Google DeepMind for AI Talent, Bolstering Copilot Assistant
Microsoft raids Google DeepMind for AI talent, hiring around two dozen employees in recent months to bolster its Copilot assistant led by former DeepMind co-founder Mustafa Suleyman, intensifying the fierce competition between tech giants for top AI talent.
Amazon Acquires Bee, Gains AI Conversation Transcription Technology
Amazon acquires Bee, a startup with AI technology that transcribes conversations using a $49.99 wearable device, giving users personalized summaries and reminders, as Amazon aims to offer greater device control after the deal closes.
OpenAI, Oracle Unveil 4.5 Gigawatts of New Stargate Data Center Capacity
OpenAI and Oracle unveil 4.5 gigawatts of new Stargate data center capacity, with parts of Stargate 1 in Abilene, Texas operational, as part of a $500 billion AI infrastructure investment plan in the U.S. over the next four years.
Alphabet Soars with $96.43 Billion Revenue, Boosts Cloud Investment to $85 Billion
Alphabet soars with $96.43 billion revenue in Q2, beating expectations, and boosts investment in its booming Cloud business to $85 billion by 2025 amid surging demand.