OpenAI was founded in 2015 by Elon Musk, Sam Altman and others, restructured in 2019 into a capped-profit model, and by late 2024 was valued at about $150 billion after ChatGPT’s rapid adoption. GPT-4, released in March 2023, is OpenAI’s multimodal model that accepts text and images, with a context window up to 32K tokens…
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MIT and Duke University researchers used AI to design tougher plastics, identifying iron-based ferrocene additives and mechanophores that make polymer networks absorb stress, with results published in ACS Central Science. Profluent Bio used generative AI to create OpenCRISPR-1, the first AI-designed CRISPR enzyme, which edited human genome cells and was trained on 500 million sequences,…
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Major AI Company Announcements Business & Investment News Policy & Regulation Updates Research & Innovation Breakthroughs Expert Commentary & Analysis Sources: News and press releases from Aug 1–3, 2025, including Reuters, TechCrunch, ScienceDaily, and official statements reuters.com ts2.tech techcrunch.com ts2.tech ts2.tech ts2.tech ts2.tech ts2.techsciencedaily.com ts2.tech ts2.tech ts2.tech, as well as academic publications (Nature, Cell Reports Physical…
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OpenAI’s revenue reached a $12 billion annualized run rate in the first seven months of 2025, implying about $1 billion per month. OpenAI’s weekly active users across consumer and business products reached about 700 million. OpenAI raised its 2025 cash burn forecast to roughly $8 billion, up from $7 billion. The second $30 billion tranche…
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On July 31, 2025, the S&P 500 rose 0.7% and the Nasdaq climbed 1.2% after blockbuster Big Tech earnings, pushing indices to record highs. Microsoft stock rose about 5% after earnings, lifting its market cap above $4 trillion; Azure sales exceeded $75 billion in the past year, and Copilot has over 100 million users, with…
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The World Economic Forum’s Future of Jobs Report 2025 projects that 44% of worker skills will change by 2027 due to AI and related trends. In 2025 more than 80,000 job ads mentioned generative AI expertise, up from 3,700 in 2010. AI-related job listings grew roughly 29% annually over the past 15 years, with over…
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Over seven days, the author replaced Google with AI as the sole search tool, using ChatGPT with built-in web search, plus Bing Chat and Perplexity, and banned Google queries. AI search delivers a single conversational answer with citations and no ads, instead of Google’s cluttered list of blue links. The AI maintained conversation context, enabling…
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The White House released America’s AI Action Plan on July 23, 2025, detailing 90+ federal initiatives across three pillars: accelerating innovation, building AI infrastructure, and strengthening global partnerships. On July 29, 2025, a group of Senate Democrats including Chris Coons, Mark Warner, Chuck Schumer, Jack Reed, and Elizabeth Warren warned that resuming sales of advanced…
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In 1997, IBM’s Deep Blue defeated world chess champion Garry Kasparov. In 2011, IBM’s Watson beat Jeopardy! champions Ken Jennings and Brad Rutter. In 2012, a deep learning system developed by Geoffrey Hinton and colleagues won an image-recognition contest by a large margin, kicking off the deep learning revolution. In 2014, Google acquired DeepMind. In…
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Siri debuted in 2011 on the iPhone 4S as the first widely used voice assistant. Alexa launched in 2014 with the Echo, popularizing voice-controlled smart home devices. ChatGPT, built on GPT-4, launched in late 2022 and reached 100 million users by January 2023. Google introduced Gemini in 2024 as a major overhaul of its AI…
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