OpenAI has witnessed a remarkable revenue surge over the past six months, with their annualized earnings soaring to $3.4 billion - double last year’s figures according to CEO Sam Altman. This growth is largely due to ChatGPT's subscription model and collaborations on Microsoft Azure for business AI applications.
Despite financial details being kept under wraps amidst controversies, OpenAI has undeniably expanded its revenue stream from $1 billion annually a year ago to over double that in just six months - thanks largely to the ChatGPT subscription model and strategic partnerships like Apple's integration of AI into their systems.
However, these impressive figures have been disputed by OpenAI spokesperson as "inaccurate," sparking debates about which specific financial aspects are being questioned. Nonetheless, the company’s significant growth and influential role in today's rapidly evolving AI landscape remain evident.
In a move that has sparked controversy within the industry, Spotify recently announced its decision to include audiobook content in all Premium subscription plans.
13 June 2024
In a bold move aimed at protecting its users against online harassment, X (formerly known as Twitter) has decided to make all likes private. This change means that only the user who liked a post will be able to see their name associated with it - an effort geared towards fostering a safer and more inclusive social media environment for everyone involved.
12 June 2024
Singaporean businesses are being warned about a significant ransomware threat posed by the Akira ransomware group. This group has extorted over $42 million from victims worldwide in the past year, and Singaporean authorities are urging businesses to take steps to protect themselves.
12 June 2024
Apple's WWDC 2024 keynote was packed with announcements, but one smaller reveal has the potential to be a game-changer: the Passwords app. This built-in app is designed to simplify password management for Apple users, offering a secure and user-friendly way to store and access login credentials.
11 June 2024
In the ever-evolving landscape of mobile gaming, a recent development has sparked debate and confusion within both developers and users alike. The open source application UTM, designed as an emulator for PC systems on iOS devices like iPhone and iPad, recently faced rejection from Apple's App Store following the company’s rule change to permit retro game console emulators such as Delta or Folium.
09 June 2024
Meta is revolutionizing communication by introducing massive public community chat rooms on Messenger - an unprecedented move that will allow you to connect with up to 5,000 random individuals who are not in any way related or acquainted!
08 June 2024
Valorant, the popular competitive hero shooter from Riot Games, is set to make its debut on the PlayStation 5 and Xbox Series X/S as early as next week with a limited beta test. This exciting announcement was made during Summer Game Fest 2024, bringing much-anticipated news to console gamers. While the console versions of Valorant will feature cross-progression, they will not include crossplay, a decision Riot Games has made to maintain the game's competitive integrity.
08 June 2024
AMD's latest announcement confirms that its Ryzen AI processors will not support Windows 10. With neural processing units (NPUs) capable of reaching up to 50 trillion operations per second (TOPS), the Ryzen AI lineup is designed for future applications, making the move away from Windows 10 logical. This development aligns with ongoing trends and raises questions about the broader implications for AMD's Zen 5 processors and the overall market.
08 June 2024
E-commerce giant Amazon has acquired certain assets of MX Player, a popular video streaming service in India, from Times Internet.
06 June 2024
Intel has unveiled AI Playground, a Windows application that breaks down the barriers to entry for AI exploration. Unlike conventional AI tools that necessitate complex commands or cloud connectivity, AI Playground prioritizes ease of use, making it perfect for beginners and enthusiasts alike.
06 June 2024