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ChatGPT

GPT stands for “Generative Pre-trained Transformer”, a term referring to a type of AI model. Porolis said it chose “GPT” to describe its use of generative AI models.

Companies & Markets

ChatGPT creator OpenAI loses bid to block Singapore startup’s GemGPT trademark

Porolis Technologies, which uses AI to assess gemstones, can proceed with the name

2026-11-03T10:57:05.000Z

The ChatGPT maker is now seeking about US$20 billion and its desired valuation has dropped to US$1.25 trillion from US$1.4 billion.

Companies & Markets

OpenAI slashes funding target by US$10 billion amid tech rout: FT

OpenAI set a Friday deadline for investors to commit to the funding round

2026-10-31T07:46:58.000Z

Ads will appear only on ChatGPT’s Free and Go plans, while Plus, Pro and Enterprise subscriptions will remain ad-free.

Telcos, Media & Tech

OpenAI expands ChatGPT ads to 26 more countries in bid to boost revenue

Over 100,000 advertisers have run campaigns on the platform, the company said

2026-10-21T13:28:26.000Z

ChatGPT has advertisement services in more than 60 markets, with annual recurring revenue reaching more than US$1 billion.

Companies & Markets

Singapore a high-value market for ChatGPT ads, but Indonesia, Vietnam offer scale: analysts

Ads are shown to users on its free tier and Go plan, which costs S$11 a month in the city-state

2026-10-05T02:00:03.000Z

OpenAI CEO Sam Altman said on Saturday that the company would not go public in 2026, citing safety concerns over artificial intelligence.

Telcos, Media & Tech

OpenAI mulls funding round at US$1.2 trillion valuation ahead of IPO, FT reports

A funding round in March had led to the company being valued at US$852 billion

2026-09-15T23:56:53.000Z

Anthropic’s new offering connects Claude with data and software from firms including Envestnet, iCapital, Orion, Wealthbox, Wealth.com and Zocks.

Telcos, Media & Tech

Portfolio reviews, client meeting prep: Anthropic launches Claude tool for financial advisers

Rival OpenAI already has a version of ChatGPT that targets investment bankers and equity researchers

2026-09-15T05:32:33.000Z

AI researcher Jacob Coxon, an ex staff at OpenAI and Anthropic, said on social media that people building AI believe it could “kill us all by the end of the decade”.

Companies & Markets

‘Gambling with our lives’: OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff

This comes as staff of leading AI firms voice public concerns about the technology’s risks

2026-09-11T01:38:18.000Z

Apple claims its former iPhone engineer Chang Liu downloaded a confidential Apple circuit schematic and used it in his work at OpenAI.

Apple accuses OpenAI of destroying evidence in exchange of barbs

Dispute over trade secret theft allegations is a ‘mess of Apple’s own making’, ChatGPT maker says

2026-09-01T10:30:09.000Z

Apple has sought to block similar applications in the past.

Telcos, Media & Tech

ChatGPT can now control Apple’s iMessage, potentially raising privacy concerns

OpenAI stresses that it requires a user’s consent to access information

2026-08-20T23:18:29.000Z

The lawyers said OpenAI’s top hardware executive acted in line with industry-wide recruiting standards when interviewing Apple employees.

Companies & Markets

OpenAI asks judge to toss Apple suit alleging trade secret theft

Lawyers for the ChatGPT maker say the suit falsely portrays the actions of its employees

2026-08-06T06:56:40.000Z

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