logo
ChatGPT Should Reach Billions of Users, OpenAI's Simo Says

ChatGPT Should Reach Billions of Users, OpenAI's Simo Says

Bloomberg2 days ago

OpenAI's incoming head of applications, Fidji Simo, said she sees growing ChatGPT's customer base to billions of users.
'ChatGPT reaches hundreds of millions of people, but fundamentally, AI should change lives for everyone,' Simo said, speaking remotely at VivaTech summit in Paris on Thursday. 'We need to be reaching billions.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year
Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year

Yahoo

time2 hours ago

  • Yahoo

Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year

Meta (NASDAQ:META) is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and Microsoft (NASDAQ:MSFT). If finalized, the deal would rank among the largest private funding rounds in tech history, Bloomberg reports. San Francisco-based, Scale AI plays a pivotal role in the artificial intelligence supply chain by powering data pipelines used to train large language models like ChatGPT and Meta's Llama. According to Investor's Business Daily, Meta's potential investment builds on its prior participation in Scale's $1 billion Series F round in 2024, which valued the firm at $18 billion. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to While chips and talent dominate most AI headlines, data remains the less-publicized pillar essential to building models that mimic human reasoning, Bloomberg says. Scale AI provides structured and labeled data by deploying a global network of contractors, including experts with PhDs and graduate degrees in medicine, law, and molecular biology. The firm's high-level contributors create test scenarios and reinforce learning strategies for AI systems, ensuring that models produce accurate and context-aware responses, especially in industries such as healthcare and tax law. According to Bloomberg, as of this year, 12% of Scale's contributors involved in improving AI models held PhDs in fields such as molecular biology, while more than 40% had a master's degree, law degree, or MBA in their area of expertise. Trending: Maximize saving for your retirement and cut down on taxes: Scale AI expects to generate $2 billion in revenue this year, more than doubling the $870 million earned last year, Bloomberg reports. This surge reflects the broader industry's increasing need for tailored datasets as synthetic training data begins to reach its performance limits. Meta's relationship with Scale also serves the purpose of regulatory alignment. Scale CEO Alexandr Wang has become a regular presence in Washington, advising lawmakers on AI regulation and calling for a 'national AI data reserve.' Bloomberg reports that lawmakers on Capitol Hill have welcomed his insights, viewing Scale as a bridge between Silicon Valley innovation and federal oversight. Investor's Business Daily says that Scale has also expanded its role in defense AI by contributing to projects such as Meta's Defense Llama model, designed for U.S. national security applications. This aligns Meta more closely with the U.S. government, following similar partnerships between Microsoft and its success, Scale has faced criticism for labor practices involving overseas contractors in countries like Kenya and the Philippines, where some workers were paid relatively little and reported psychological distress from reviewing harmful online content, Bloomberg reports. According to TechCrunch, the U.S. Department of Labor has since closed its investigation into the company's compliance with wage regulations, but ongoing scrutiny remains a reputational concern. According to Bloomberg, insiders say discussions between Meta and Scale are ongoing and could still shift. Regardless of a final number, Meta's expected commitment may redefine the race for control of the AI data layer, strengthening Scale AI's position at the heart of artificial intelligence's next chapter. Read Next: Here's what Americans think you need to be considered wealthy. Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? MICROSOFT (MSFT): Free Stock Analysis Report This article Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

GitHub's CEO says startups can only get so far with vibe coding
GitHub's CEO says startups can only get so far with vibe coding

Yahoo

time3 hours ago

  • Yahoo

GitHub's CEO says startups can only get so far with vibe coding

Founders can use AI to launch a startup, but GitHub CEO Thomas Dohmke says they still need developers. At VivaTech in Paris, Dohmke said a startup built with coding assistants "doesn't have much value." Startups would struggle to attract investors without developers building complex systems, he said. AI tools can lower the barrier to launching a startup, but scaling them still requires technical expertise, GitHub's CEO has said. Speaking on the sidelines of VivaTech in Paris, Thomas Dohmke said over the last two years, he's observed companies go from needing convincing to use AI to "a lot of FOMO" in the market. AI coding assistants can now help non-technical founders create a startup with a small team and no external funding, he said during a Q&A at Station F, a startup campus. But as more startups use vibe coding tools to build products using natural language prompts, it's harder to stand out among investors. "The investors would ask, 'Why would I invest in you instead of the 10 other people?'" Dohmke said, adding that bootstrapping startups predominantly built with coding assistants wouldn't necessarily have "as much value." He added that a "non-technical founder will find it difficult to build a startup at scale without developers," because they "can't build a complex system to justify the next round." "The value of your startup isn't defined by what you can develop using cheap measures," Dohmke said. Startups would still need a deeper understanding of how their systems operate, he added. GitHub, which was acquired by Microsoft for $7.5 billion in 2018, has over 150 million users worldwide who create and share code on its platform. The company's Copilot tool provides coding suggestions and explanations for human developers. Vibe coding has raised questions about the demand for software developers and the skills that are most valuable in the AI era. In an April "EO" podcast, Dohmke said he had "never seen anything more exciting" than today's AI-driven engineering boom. However, he stressed that "every kid, every child, should learn coding" because knowing when to rely on one's own code still matters. Speaking at VivaTech, Dohmke said software engineers still need a "willingness to learn" about how to use AI prompts when coding and when to use an AI agent. "If I figure out how to write a prompt for something I can do myself, it's a waste of time," he said. "It's about the prompting skills, but also knowing when not to use the prompt." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

CoreWeave Guides $4.9-$5.1B in 2025 Revenues: What's Fueling This?
CoreWeave Guides $4.9-$5.1B in 2025 Revenues: What's Fueling This?

Yahoo

time3 hours ago

  • Yahoo

CoreWeave Guides $4.9-$5.1B in 2025 Revenues: What's Fueling This?

CoreWeave, Inc. CRWV has guided 2025 revenues to be in the range of $4.9-$5.1 billion, fueled by surging AI-infrastructure demand. CRWV is an AI-focused hyperscaler company and its cloud platform has been developed to scale, support and accelerate GenAI. Businesses have been increasing spending on AI inference/fine-tuning, AI workload monitoring and training infrastructure, including training compute, AI servers, AI storage, cloud workloads and networking. This increasing demand for AI-cloud platforms, including integrated software and infrastructure, bodes well for CRWV. Strategic deal wins like the OpenAI contract (which has a value up to $11.9 billion) and a $4 billion expansion with a major AI-enterprise client are driving forward revenue visibility. The company also unveiled the next generation of its CoreWeave AI object storage. This is purpose-built for training and inference, offering a production-ready, scalable solution integrated with Kubernetes. CoreWeave now boasts a growing network with 33 data centers across the United States and Europe, supported by 420 megawatts of active power. Moreover, the buyout of the Weights and Biases has added 1,400 AI labs and enterprises as clients for CoreWeave. Apart from scaling capacity and getting adequate financing for infrastructure, CRWV is also expanding its go-to-market capabilities. With a success-based capex model and expanding global reach, CoreWeave appears well-positioned to capture a significant share of the AI-infrastructure market. On the first quarter earnings call, CRWV highlighted that AI is forecasted to have a global economic impact of $20 trillion by 2030, while the total addressable market is anticipated to increase to $400 billion by 2028. This uptrend in spending will benefit other players in this space, including smaller players like Nebius Group N.V. NBIS and tech behemoths like Microsoft Corporation MSFT. Driven by accelerating demand for its AI-infrastructure services, Nebius remains confident in achieving the full-year annualized run-rate revenue ('ARR') guidance of $750 million to $1 billion. For 2025, the company also reaffirmed its overall revenue guidance of $500 million to $700 million. In the first quarter of 2025, ARR saw a 700% jump, highlighting a structurally expanding revenue base. ARR for April was $310, which provides a strong start for the second quarter. To gain a larger share of the AI-cloud compute market, NBIS is focusing on technical enhancements that increase reliability and reduce downtime to boost customer retention. Microsoft projects revenues between $28.75 billion and $29.05 billion for the fourth quarter of fiscal 2025 for Intelligent Cloud, while for Azure, it expects revenue growth at constant currency between 34% and 35%. In Enterprise Services, revenues are forecasted to grow in mid-to-high single digits. The rising adoption of enterprise capabilities of Azure OpenAI and Copilots across Microsoft 365, Dynamics 365 and Power Platform bodes well. With Azure AI, Microsoft is establishing itself as the application server for the AI era, offering access to a broad range of models tailored to customers' specific needs around cost, latency and design. The number of Azure AI customers and average spending continue to grow. Shares of CoreWeave have gained 120.8% year to date compared with the Internet Software industry's growth of 4.1%. Image Source: Zacks Investment Research CRWV currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Nebius Group N.V. (NBIS) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store