OpenAI CEO Sam Altman has teased a future AI device designed by legendary Apple iPhone designer Jony Ive, without disclosing a concrete timeline for launch.| News

OpenAI’s Christopher Lehane said AI is not a bubble but a “general-purpose technology” comparable to the combustion engine, electricity and the semiconductor, innovations that permanently reshaped global productivity and economic growth.

Jenny Xiao, who founded Leonis Capital in 2021, said AI needs more investors who understand frontier AI technology.

To prepare AI agents for office work, the company is asking contractors to upload projects from past jobs, leaving it to them to strip out confidential and personally identifiable information.

In the middle of what many in Silicon Valley are calling an AI gold rush, one of the field’s insiders is warning that the money is badly out of sync with the science. Jenny Xiao, an OpenAI researcher turned venture capitalist,

There’s been a lot of buzz around OpenAI and the secret device(s) it’s been working on behind the scenes with the expertise of an industry veteran like former Apple (NASDAQ:AAPL) chief design officer Jony Ive.

OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday that the company’s annualized revenue has grown at approximately the same rate as its consumption of computational resources. Friar said that OpenAI’s compute has tripled year over year—from 0.

In today’s Tech Bytes, Elon Musk is reportedly seeking up to $134 billion in damages from OpenAI. Musk cites the staggering figure in a new filing in his lawsuit. He accuses OpenAI of defrauding him by abandoning its nonprofit status after he contributed $38 million in seed money.

OpenAI is quietly trying to do something that has eluded Silicon Valley for a generation: build a mass‑market gadget whose core components, from chips to casings, are conceived and manufactured entirely inside the United States.