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The AI Industry Has a Huge "Credit Card Debt" Issue

Earlier this month, OpenAI CEO Sam Altman said the quiet part out loud, telling reporters that he believes we're in a "phase where investors as a whole are overexcited about AI." Simmering concerns about a growing AI bubble — a word repeatedly invoked by Altman himself during the appearance — have gripped the industry, with spooked investors triggering a major tech sell-off in the wake of the CEO's remarks. Also fueling these fears was an MIT investigation that found a staggering 95 percent of

Musk companies sue Apple, OpenAI alleging anticompetitive scheme

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. "In a desperate bid to protect its smartphone monopoly, Apple has joined forces with the company that most benefits from inhibiting competition and innovation in AI: OpenAI, a monopolist in the market for generative AI chatbots," according to the complaint, which was filed in U.S. District Court for the Northern District of Texas. It also accuses Ap

Elon Musk’s xAI sues Apple and OpenAI over Siri partnership, App Store charts

Elon Musk has surprisingly made good on one of his promises. Earlier this month, Musk accused Apple of rigging the App Store rankings and threatened to sue the company for this “unequivocal antitrust violation.” “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store,” Musk posted at the time. In a Texas court on Monday, Musk’s xAI officially filed a lawsuit against Apple and OpenAI, accusing the two companies of colluding to preve

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ChatGPT-5 Impressions: Fast, but a Bit Impersonal

ChatGPT-5 likes getting straight to the point. For some, that's a reprieve from its chattier predecessor, GPT-4o. For others, something will certainly seem off. Despite the hype leading up to OpenAI's launch of GPT-5, it ultimately doesn't feel too different from 4o. The quality of responses in my ongoing testing seems to be at the level of past models, including the o3 "reasoning" model. The major difference is that some responses generate very quickly in relatively few words, while others ca

OpenAI warns against SPVs and other ‘unauthorized’ investments

In Brief In a new blog post, OpenAI warns against “unauthorized opportunities to gain exposure to OpenAI through a variety of means,” including special purpose vehicles, known as SPVs. “We urge you to be careful if you are contacted by a firm that purports to have access to OpenAI, including through the sale of an SPV interest with exposure to OpenAI equity,” the company writes. The blog post acknowledges that “not every offer of OpenAI equity […] is problematic” but says firms may be “attempt

AI Experts No Longer Saving for Retirement Because They Assume AI Will Kill Us All by Then

The meteoric rise of artificial intelligence has instilled an existential fear in "AI doomers," a subset of people who believe the tech will cause humans to lose their jobs, fall prey to a dominating species of rogue superintelligent AIs, and even eventually get wiped out altogether. And, as The Atlantic reports, some are taking that pervasive fear to striking extremes in their daily lives. Machine Intelligence Research Institute researcher Nate Soares, for instance, told the magazine that he's

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Apple reportedly prepping enterprise AI support beyond ChatGPT

On personal iPhones, users can decide whether they want Apple Intelligence to connect to ChatGPT. But on corporate devices, things can be trickier. That’s why Apple is reportedly adding support for enterprise accounts, but in a way that extends beyond its current OpenAI partnership. Here are the details. As reported by TechCrunch, with the upcoming iOS 26 update, Apple will add “the ability to configure the use of an enterprise version of OpenAI’s ChatGPT,” which offers different privacy settin

OpenAI Chairman Says AI Is Destroying His Sense of Who He Is

For being poised to become the richest startup in history, OpenAI's architects seem strikingly ambivalent about its work. The company's CEO is constantly afraid of the technology he's unleashing on the world, a longstanding investor has been driven to what his peers say are signs of psychosis, and even its chairman is panicking about losing his identity to the machine. Speaking on the podcast "Acquired" earlier this week, the chair of OpenAI's board, Bret Taylor, expressed his anxiety that AI

OpenAI announces New Delhi office as it expands footprint in India

OpenAI has announced plans to open its first office in India, just days after launching a ChatGPT plan tailored for Indian users, as it looks to tap into the country’s rapidly growing AI market. On Friday, the company said it would set up a local team in India and open a corporate office in the capital, New Delhi, in the coming months. The move builds on OpenAI’s recent hiring efforts in the region. In April 2024, the company appointed former Truecaller and Meta executive Pragya Mishra as its p

Elon Musk asked Meta CEO Mark Zuckerberg to join xAI bid to buy OpenAI, filing shows

Elon Musk, the world's richest person, asked Meta CEO Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI in early 2025, court filings on Thursday revealed. The filing is part of a legal case between Musk and OpenAI that was initiated last year. The case is proceeding in a federal court in Northern California, and a judge recently said OpenAI can move ahead with counter claims against Musk, who co-founded OpenAI as a non-profit with Sam Altman and others in 2015. When Musk f

OpenAI lawyers question Meta’s role in Elon Musk’s $97B takeover bid

OpenAI is asking Meta to produce evidence related to any coordinated plans with Elon Musk and xAI to acquire or invest in the ChatGPT-maker. The request was made public in a brief filed Thursday in Elon Musk’s ongoing lawsuit against OpenAI. Lawyers representing OpenAI said they subpoenaed Meta in June for documents related to its potential involvement in Musk’s unsolicited, $97 billion bid to takeover the startup in February. It’s unclear from the filing whether such documents exists. OpenAI u

Forget GPT-5: OpenAI's GPT-6 might launch sooner than you think

Tharon Green/ZDNET/Open AI/Getty Images ZDNET's key takeaways As the paint on GPT-5 dries, OpenAI is already working on GPT-6. The model's biggest differentiator seems to be deeper personalization. OpenAI is keeping an increasingly brisk pace on the path toward AGI. Get more in-depth ZDNET tech coverage: Add us as a preferred Google source on Chrome and Chromium browsers. At the beginning of August, OpenAI launched its much-anticipated GPT-5 family of models. While the launch was somewhat

ChatGPT-5 Lets You Choose Your AI Model. These Are Your Options

The biggest pushback after OpenAI announced its new GPT-5 model for ChatGPT came from devotees of older models who felt the new generative AI chatbot lacked the panache of its predecessors. Now you have more choices of pre-GPT-5 models (although you'll have to hunt for some of them) and better control over which components of GPT-5 handle your questions. OpenAI is still sorting through a somewhat rocky launch of GPT-5, led by complaints about the lack of model choices. The model has been antic

OpenAI says GPT-6 is coming and it'll be better than GPT-5 (obviously)

OpenAI's CEO Sam Altman told reporters that GPT-6 is already in the works, and it’ll not take as long as GPT-5. The GPT-6 announcement doesn't surprise me because OpenAI is slowly becoming a product-first company rather than research-focused. There's no denying that OpenAI's CEO Sam Altman overhyped GPT-5 and underdelivered. While GPT-5 isn't exactly bad and actually offers significant improvements over GPT-4 or o3 for coding, the rollout wasn't smooth and some people were expecting more than

Say farewell to the AI bubble, and get ready for the crash

Most people not deeply involved in the artificial intelligence frenzy may not have noticed, but perceptions of AI’s relentless march toward becoming more intelligent than humans, even becoming a threat to humanity, came to a screeching halt Aug. 7. That was the day when the most widely followed AI company, OpenAI, released GPT-5, an advanced product that the firm had long promised would put competitors to shame and launch a new revolution in this purportedly revolutionary technology. As it hap

OpenAI releases $4 ChatGPT plan, but it's not available in the US for now

OpenAI has finally announced the GPT Go subscription, which costs just $4 in the US or INR 399 in India. Unfortunately, the cheapest paid version of GPT is limited to India for now. If you live in India or have an account made in India, you'll now begin seeing a nudge to try GPT Go when you're using a free account. Source: BleepingComputer When you select Try Go, you'll be asked to pay at least $4. Right now, it is limited to India, but OpenAI says that it will come to more regions soon. GP

OpenAI Is Poised to Become the Most Valuable Startup Ever. Should It Be?

OpenAI is reportedly on the verge of a roughly $500 billion valuation, a figure that would make it the most valuable private company in the world—bigger than SpaceX, TikTok’s parent company Bytedance, and even public giants like Palantir. It’s a staggering number for a company with an “astronomical burn rate.” How is this even possible? As Axios reports, there are actually two deals in play: a SoftBank-led round valuing the company at $300 billion, which won’t close until year’s end, and a seco

OpenAI's ChatGPT Go plan arrives in India only for under $5 per month

OpenAI has debuted its cheapest subscription yet for India only, product head Nick Turley announced on X. Called ChatGPT Go, the 390 rupee ($4.60) GPT-5 plan will offers users 10 times more message limits, image generation and file uploads than the free offering. "Making ChatGPT more affordable has been a key ask from users," Turley wrote. "We're rolling out Go in India first and will learn from feedback before expanding to other countries." The new plan was leaked earlier and OpenAI recently i

GPT-5 is friendlier now - but not everyone likes it. Here's why

OpenAI / Elyse Betters Picaro / ZDNET ZDNET's key takeaways OpenAI has made GPT-5 warmer and friendlier. Many users say they don't want a friendlier ChatGPT. Challenge lies in finding a balance between simplicity and choice. Get more in-depth ZDNET tech coverage: Add us as a preferred Google source on Chrome and Chromium browsers. Looking for a kinder, gentler AI model? Then you might like the latest flavor of GPT-5. Other people, though, not so much. On Friday, OpenAI announced an update

Topics: ai gpt openai people want

OpenAI launches cheapest ChatGPT plan at $4.6, starting in India

OpenAI on Tuesday launched a subscription plan in India priced at 399 rupees ($4.57) a month, the ChatGPT maker's most affordable offering yet, as it looks to grow in its second-largest market by user base. The new plan, called ChatGPT Go, provides expanded access to the latest model GPT‑5, and other features at a lower cost, the Microsoft-backed firm said in a statement on its website. Nick Turley, who leads ChatGPT, said in a social media post that the plan provides 10 times more message lim

Analysts downplay AI bubble worries as Altman says some investors will be left 'very burnt'

The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become "insane." Capital is chasing a "kernel of truth" with feverish speed. The OpenAI CEO still believes the long-term societal upside of AI will outweigh the froth, and he's ready to keep spending in pursuit of that goal. "Are we in a phase where investors as a whole are ov

OpenAI CEO Sam Altman Believes We're in an AI Bubble

OpenAI CEO Sam Altman believes that, given all the AI hype from investors and capital expenditures, we're currently in an AI bubble. Altman made the statement during a conversation with The Verge and a handful of other reporters on Thursday. (Disclosure: Ziff Davis, CNET's parent company, in April filed a lawsuit against OpenAI, alleging it infringed Ziff Davis copyrights in training and operating its AI systems.) "Are we in a phase where investors as a whole are overexcited about AI? My opini

GPT-5 is supposed to be nicer now

In Brief OpenAI announced late Friday that it’s updating its latest model to be “warmer and friendlier.” The company recently launched the much-anticipated GPT-5 in a process that CEO Sam Altman admitted was “a little more bumpy than we’d hoped for,” with some users complaining that they preferred the previous model, GPT-4o. OpenAI is trying to address some of those complaints with this update, with changes that it says are “subtle” but will make GPT-5 “more approachable now.” “You’ll notice

Evidence Grows That GPT-5 Is a Bit of a Dud

Power users of OpenAI's blockbuster chatbot ChatGPT were left largely unimpressed by the company's recently unveiled GPT-5 AI model. Those who became familiar with the convivial and sycophantic tone of GPT-5's predecessor were particularly distraught by its "cold" and far less supportive demeanor, accusing OpenAI of cutting corners. The pushback was significant enough for OpenAI to both make previous iterations available once more to paying customers — and even to lean back into the sycophancy

When you're asking AI chatbots for answers, they're data-mining you

Opinion Recently, OpenAI ChatGPT users were shocked – shocked, I tell you! – to discover that their searches were appearing in Google search. You morons! What do you think AI chatbots are doing? Doing all your homework for free or a mere $20 a month? I think not! When you ask an AI chatbot for an answer, whether it's about the role of tariffs in decreasing prices (spoiler: tariffs increase them,); whether your girlfriend is really that into you; or, my particular favorite, "How to Use a Microwa

Leak: ChatGPT cheaper plan costs $4 or £3.50, might release everywhere

OpenAI is working on a cheaper plan called ChatGPT Go, and we previously thought it would be just limited to a few regions like India, but that may not be the case. As pointed out by Tibor on X, OpenAI has added a new Try Go call to action on the GPT Dashboard. This is being tested behind a hidden feature flag. When you select Try Go, you'll be asked to pay at least $4. Previously, the pricing was just limited to India, but it now includes more countries. GPT Go now includes pricing in EUR (€

OpenAI is improving ChatGPT voice mode

ChatGPT's Voice mode is already pretty good, but OpenAI is working on a new feature that will allow you to control how Voice mode actually works. As you can see in the screenshot below, OpenAI has added "Voice speed" to the ChatGPT web app settings for voice mode. This means you can control how fast ChatGPT can speak. You can lower it to 0.5x or make it as far as 2.0x. There is a slider that allows you to specify the ChatGPT pace. These options are currently hidden. Also, OpenAI has added "c

OpenAI prepares Chromium-based AI browser to take on Google

OpenAI is testing an AI-powered browser that uses Chromium as its underlying engine, and it could debut on macOS first. My sources tell me that OpenAI has already started updating ChatGPT to power the Chrome rival. OpenAI is building an AI-powered tab selection, a new tab page, and a feature that allows the browser to do the browsing for you. It could be similar to Copilot mode in Edge. OpenAI already has Agent mode in ChatGPT. For those unaware, Agent mode in ChatGPT is powered by a Linux t

Is GPT-5 really worse than GPT-4o? Ars puts them to the test.

The recent rollout of OpenAI's GPT-5 model has not been going well, to say the least. Users have made vociferous complaints about everything from the new model's more sterile tone to its supposed lack of creativity, increase in damaging confabulations, and more. The user revolt got so bad that OpenAI brought back the previous GPT-4o model as an option in an attempt to calm things down. To see just how much the new model changed things, we decided to put both GPT-5 and GPT-4o through our own gau

OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. OpenAI is preparing to sell around $6 billion in stock as part of a secondary sale that would value the company at roughly $500 billion, CNBC confirmed Friday. The shares would be sold by current and former employees to investors including SoftBank, Dragoneer Investment Group and Thrive Capital, according to a person familia