Keeping ChatGPT running is expensive as heck, so OpenAI needs access to plenty of cash to make sure the lights stay on.
Now that OpenAI is becoming a for-profit company, it’s making a tidy profit in the process.
It’s always beautiful when two lonely corporations find one another. DirecTV has reached an agreement to acquire Dish Network, according to reporting by The New York Times. This would create a global behemoth in the satellite TV space.
OpenAI is reportedly telling investors that it plans on charging $22 a month to use ChatGPT by the end of the year. The company also plans to aggressively increase the monthly price over the next five years up to $44.
Intel's fortunes have declined so rapidly over the past year that chip designer ARM made a "high level inquiry" about buying its crown jewel product unit, Bloomberg reported. However, Intel said the division wasn't for sale and turned down the offer, according to an unnamed insider.
A major shakeup is in the works at OpenAI. Reuters reported that the artificial intelligence research company is restructuring its business from a non-profit board into a for-profit corporation. The publication also says Sam Altman would be given equity in the new corporation.
The Department of Justice (DOJ) filed an antitrust lawsuit against Visa. The lawsuit alleges that the financial firm holds a monopoly over debit network markets allowing it to charge banks and markets with exorbitant fees that get passed onto consumers and keep rival companies like PayPal and Square from competing on their level.
ChatGPT now has 200 million weekly active users, according to OpenAI. That represents a doubling of the weekly audience of 100 million the company announced last November.
Peloton is in something of a financial rut lately, and we all know what companies do when that happens. They take it out on consumers.
The UK’s antitrust regulator is set to carry out an antitrust investigation into Amazon and its ties with AI startup Anthropic. This comes after Amazon completed a $4 billion investment into the company.