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BBC News
04-03-2025
- Science
- BBC News
Oxford university announces partnership with ChatGPT maker OpenAI
The University of Oxford has announced a new five-year partnership with OpenAI - the maker of the world's best-known artificial intelligence tool, collaboration will see students and staff gain access to funding and "cutting-edge" artificial intelligence (AI) tools to "enhance teaching, learning and research", the university of the Bodleian Library's public collection will also be digitised as part of the new Lightcap, OpenAI's chief operating officer, said "continued collaboration" with the academic community was "essential to build AI that benefits everyone". As part of the scheme, Oxford researchers will receive access to OpenAI's latest models, including a version of ChatGPT designed specifically for educational grant funding will also be available for projects that involve working with the firm, based in the Silicon Valley region of California in the US. The university said the partnership would "present opportunities to accelerate" its research into areas such as health and climate Patrick Grant, pro vice-chancellor for research at Oxford, said: "Artificial intelligence is accelerating the pace of scientific discovery and enabling researchers to work with increasingly complex data sets."The university aims to be at the forefront of AI research and the application of AI for all researchers, by producing ground-breaking studies to help both scholars and society not only adapt to these technologies, but also harness them wisely to their full potential," he added. Bodleian Library collections that have not previously been available online will also become accessible around the globe as part of the Richard Ovenden said: "'The Bodleian's mission is to acquire, preserve and make available knowledge for the benefit of our students, researchers and the wider public."Over the centuries we have constantly sought new ways to take this mission forward and have in more recent years been an innovator in the use of technology," he new partnership has come as a result of the University of Oxford's participation in NextGenAI - a project involving top universities in the US and UK that is sponsored by OpenAI."The NextGenAI initiative will accelerate research progress and catalyse a new generation of institutions equipped to harness the transformative power of AI," Mr Lightcap said. You can follow BBC Oxfordshire on Facebook, X (Twitter), or Instagram.
Saudi Gazette
11-02-2025
- Business
- Saudi Gazette
Musk-led group makes $97.4bn bid for ChatGPT maker OpenAI
WASHINGTON — A consortium of investors led by Elon Musk offered $97.4bn to take over OpenAI, the maker of billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the tech company to its board on offer is the latest twist in a longstanding battle between Musk, the world's richest man and right hand to US President Donald Trump, and Open AI chief executive Sam Altman over the future of the start-up at the center of the AI response to the bid, Altman posted on Musk's social media platform X: "no thank you but we will buy twitter for $9.74 billion if you want."OpenAI is widely credited with helping bring artificial intelligence tools into the mainstream and sparking huge investment in the and Altman co-founded the start-up in 2015 as a non-profit company, but the relationship has soured since the Tesla and X boss departed the firm in is said to be restructuring the company to become a for-profit entity, stripping it of its non-profit board — a move Musk argues means the company has abandoned its founding mission of developing AI for the benefit of OpenAI argues its transition into a for-profit firm is required to secure the money needed for developing the best artificial intelligence bid to take over OpenAI bid is being backed by Musk's AI company xAI, as well as several private equity firms, including Baron Capital Group and Valor Management."It's time for OpenAI to return to the open-source, safety-focused force for good it once was. We will make sure that happens," Musk said in a offer tabled at $97.4bn is much lower than the $157bn the company was valued at in its latest funding round in October last year. Talks over a further funding round reportedly value it now at $ a statement, Toberoff said the consortium would be "prepared to consider matching or exceeding" any potential higher bid."As the co-founder of OpenAI and the most innovative and successful tech industry leader in history, Musk is the person best positioned to protect and grow OpenAI's technology," Musk's attorney added on his behalf and other creator of ChatGPT is also teaming up with another US tech giant, Oracle, along with a Japanese investment firm and an Emirati sovereign wealth fund to build $500bn of artificial intelligence infrastructure in the new company, called The Stargate Project, was announced at the White House by President Donald Trump who billed it "the largest AI infrastructure project by far in history" and said it would help keep "the future of technology" in the US. Musk, despite being a top advisor to Trump, has claimed the venture does not "actually have the money" it has pledged to invest, though he has also not provided any details or substantiation for the comments. — BBC
BBC News
10-02-2025
- Business
- BBC News
Elon Musk-led group makes $97.4bn bid for ChatGPT maker OpenAI
A consortium of investors led by Elon Musk offered $97.4bn to take over OpenAI, the maker of billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the tech company to its board on offer is the latest twist in a longstanding battle between Musk, the world's richest man and right hand to US President Donald Trump, and Open AI chief executive Sam Altman over the future of the start-up at the centre of the AI response to the bid, Altman posted on Musk's social media platform X: "no thank you but we will buy twitter for $9.74 billion if you want." OpenAI is widely credited with helping bring artificial intelligence tools into the mainstream and sparking huge investment in the and Altman co-founded the start-up in 2015 as a non-profit company, but the relationship has soured since the Tesla and X boss departed the firm in is said to be restructuring the company to become a for-profit entity, stripping it of its non-profit board - a move Musk argues means the company has abandoned its founding mission of developing AI for the benefit of OpenAI argues its transition into a for-profit firm is required to secure the money needed for developing the best artificial intelligence models."It's time for OpenAI to return to the open-source, safety-focused force for good it once was. We will make sure that happens," Musk said in a statement."As the co-founder of OpenAI and the most innovative and successful tech industry leader in history, Musk is the person best positioned to protect and grow OpenAI's technology," Musk's attorney added on his behalf and other bid to take over Open AI bid is being backed by Musk's AI company xAI, as well as several private equity firms, including Baron Capital Group and Valor Management.
