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OpenAI CEO Sam Altman (Mandel Ngan/Getty Images)
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OpenAI releases open-weight “gpt-oss” models to compete with DeepSeek, Meta

OpenAI’s open-weight models match or beat the company’s state-of-the-art models in some tests, and can run on a laptop. The company is joining Meta and DeepSeek in releasing open-weight models for free use.

Jon Keegan

Today, OpenAI released “gpt-oss,” its first “open-weight” large language model since 2019’s GPT-2. The new “reasoning” model comes in two sizes, 120b and 20b, and can be run locally on a laptop — and the smaller one can even run on a phone, according to the company. OpenAI says the new models outperform or exceed the company’s proprietary o3, o3-mini, and 04-mini in some tasks. The models do not generate images or video.

The models are open-source, which means free for anyone to use — but importantly, they are also “open-weight,” which means the internal parameters generated from training the model are made available. Open-weight models, such as Meta’s Llama models, allow developers to customize the model further or run them on their own infrastructure without having to pay OpenAI a license or subscription.

The release of DeepSeek’s open-source model, which shook the AI world with its faster, cheaper, better approach to doing more with less, put pressure on companies like OpenAI that mainly offered proprietary models that had to run on their own infrastructure.

Releasing the model weights does not include the original training data used by the developers. OpenAI does not share the models or weights for its recent models, including GPT-3, GPT-4, or its “o” series models.

In a post on X announcing the new models, OpenAI cofounder and CEO Sam Altman said they are a “big deal” and that the company is hopeful the release will “enable new kinds of research and the creation of new kinds of products. We expect a meaningful uptick in the rate of innovation in our field, and for many more people to do important work than were able to before.”

“We believe far more good than bad will come from it.”

OpenAI says that it dedicates a huge amount of resources to making sure its hosted models are safe from misuse, but releasing a powerful open-weight model that’s on par with its current state-of-the-art models creates new risks beyond the visibility of OpenAI’s safety team.

Altman wrote, “We have worked hard to mitigate the most serious safety issues, especially around biosecurity. gpt-oss models perform comparably to our frontier models on internal safety benchmarks.”

Acknowledging the balancing of risks and benefits of releasing such a powerful technology, Altman wrote, “We believe far more good than bad will come from it.”

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If having multiple CEOs is better for stock market returns, Oracle is quadrupling down

But buyer beware: the last time Oracle had co-CEOs, shares underperformed.

tech

Ives raises Apple price target to Wall Street high of $310, citing a “real upgrade cycle” for iPhones

Wedbush Securities analyst Dan Ives raised his Apple price target to $310 from $270 thanks to “early strong demand signs” for the iPhone 17, which he says is tracking 10% to 15% ahead of the iPhone 16 at this point.

That $310 price target is the highest among Wall Street analysts polled by Bloomberg.

Ives said the Street’s estimate of about 230 million iPhone unit sales for Apple’s upcoming fiscal year is conservative and instead thinks the company is on track to sell 240 million to 250 million units in FY26. Ives wrote:

“The combination of a pent-up consumer upgrade cycle with our estimates of 315 million of 1.5 billion iPhones globally not upgrading their iPhones in the last 4 years, coupled with some design changes/enhancements have been the magical formula out of the gates.”

Sherwood News reported last week that redesigned iPhone models, which went on sale Friday, are seeing more interest than they have in three years — a phenomenon we speculate might have less to do with the iPhone itself and more to do with a natural upgrade cycle, as the rush of phones purchased in 2020 and 2021 become obsolete.

tech

Amazon, Microsoft, and Meta are among the US tech companies most affected by Trump’s $100,000 H-1B fee

President Trump’s proclamation on Friday charging a new $100,000 fee for high-skilled tech visas has sent the countrys biggest tech companies scrambling. Firms warned their H-1B workers not to travel outside the US and are weighing what the steep cost could mean for future hiring, given their heavy reliance on the program to bring in top talent.

Data from the US Citizenship and Immigration Services shows the top beneficiaries of H-1B visas this year include Amazon, Microsoft, Meta, Apple, and Google.

So far, the leaders of these tech companies, many of whom recently attended a White House dinner praising the president, have been mum on the new fee, except for Netflix’s Reed Hastings. He wrote on X that he considers it a “great solution.”

“It will mean H1-B is used just for very high-value jobs, which will mean no lottery needed, and more certainty for those jobs,” he said. Netflix is not among the top 100 beneficiaries of H-1B visas this year.

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Jon Keegan

OpenAI reportedly poaching key Apple designers, using Apple manufacturing partners for AI gadgets

New details are emerging about the mysterious AI gadgets being designed by former Apple design chief Jony Ive since OpenAI purchased his startup “io” in May.

According to a report by The Information, Ive’s team has recruited several key Apple design and hardware employees to work on the gadgets. The Information reported some details of the devices:

“One of the products OpenAI has talked to suppliers about making resembles a smart speaker without a display, the people said. OpenAI has also considered building glasses, a digital voice recorder and a wearable pin, and is targeting late 2026 or early 2027 for the release of its first devices, one of the people said.”

OpenAI is also turning to Apple’s Chinese manufacturing partners to build the products, having signed contracts with Luxshare, and has been in talks with Goertek, per the report.

“One of the products OpenAI has talked to suppliers about making resembles a smart speaker without a display, the people said. OpenAI has also considered building glasses, a digital voice recorder and a wearable pin, and is targeting late 2026 or early 2027 for the release of its first devices, one of the people said.”

OpenAI is also turning to Apple’s Chinese manufacturing partners to build the products, having signed contracts with Luxshare, and has been in talks with Goertek, per the report.

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