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Read full article about: OpenAI revenue doubles to $3.4 billion in six months, report says

OpenAI's annualized revenue has more than doubled to $3.4 billion over the past six months, CEO Sam Altman told the company's employees, according to a report from The Information. This puts OpenAI far ahead of competitors like Anthropic and Cohere. Most of the revenue comes from subscriptions and API access, with a small portion from Microsoft's Azure sales. The integration of ChatGPT into Apple products could give OpenAI another boost. The company also plans to launch a search engine, the video generation model Sora, and new models.

However, the numbers should be treated with caution: In a statement to The Information, an OpenAI spokesperson called them "inaccurate," but did not provide details.

Read full article about: Aleph Alpha and Silo AI enter into strategic partnership

Aleph Alpha, a Heidelberg-based AI company specializing in generative AI, and Silo AI, Europe's largest private AI lab, are entering into a strategic partnership. The goal is to advance the use of open-source AI and enterprise solutions in Europe. Aleph Alpha will contribute its technology stack and Silo AI will bring its experience in developing and implementing AI solutions in companies. Both companies share the mission of equipping European companies with sovereign generative AI and are committed to developing open-source language models for European languages.

"The partnership between Aleph Alpha and Silo AI provides customers with a generative AI tech stack that is scalable and meets the highest standards of sovereignty, trustworthiness and transparency," said Aleph Alpha.

Read full article about: OpenAI announces new leadership to drive growth

OpenAI has appointed Sarah Friar as Chief Financial Officer and Kevin Weil as Chief Product Officer. Friar previously served as CEO of Nextdoor and CFO of Square. She also serves on the boards of Walmart and Consensys. Weil most recently served as president of product and business at Planet Labs. Before that, he co-founded the Libra cryptocurrency at Facebook and served as vice president of product at Instagram and Twitter. In her new role, Friar will help OpenAI maintain its research while meeting the needs of its growing customer base. Weil will lead a product team focused on turning research insights into products and services that help consumers, developers, and businesses. CEO Sam Altman says that both will "enable OpenAI to scale our operations."