Tag: OpenAI
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Disney Makes a Deal with OpenAI & Accuses Google of AI Copyright Infringement
Disney and OpenAI announced today that they have reached an agreement for Disney to be the first major content licensing partner for Sora, OpenAI’s video platform. Disney is investing $1 billion in OpenAI as part of the deal. The three-year deal follows CEO Bob Iger’s comments during Disney’s quarterly earnings call about plans for bringing…
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OpenAI Could Soon Be Worth $90 Billion As Artificial Intelligence Craze Soars
OpenAI, which has led the charge for the development of generative artificial intelligence, is in talks with investors over a share sale that could triple its current valuation. The company behind ChatGPT is selling a few hundred million dollars worth of shares to Silicon Valley investors in a round that could boost its value. The…
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FTC is Investigating ChatGPT After Several Claims of Violating Consumer Protection Laws
The Federal Trade Commission is investigating OpenAI due to claims of copyright infringement, data leaks, and violating consumer protection laws. OpenAI is the creator company behind ChatGPT. The FTC is requesting access to OpenAI’s data after issuing several warnings the app is not exempt from consumer protection laws and must comply. In a 20-page Civil…
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CEO of OpenAI Testifies Before Senate Hearing Over AI Risks
On Tuesday, OpenAI’s CEO Sam Altman spoke in front of a Senate panel hearing about rising concerns relating to artificial intelligence.