tech

Rani Molla1/31/25

OpenAI responds to DeepSeek by releasing a new, cheaper model early

Following the DeepSeek news of last week, OpenAI seems to be going through different stages of envy:

At first, CEO Sam Altman was complimentary. He tweeted that DeepSeek was “impressive” but welcome competition to OpenAI, in which Microsoft is a major investor.

Then, OpenAI lashed out. The company itself accused DeepSeek of training its models on ChatGPT. (Never mind the fact that OpenAI was trained on the intellectual property of myriad others.)

Now, OpenAI is trying to fight back. Wired reports that it moved up the release of a newer, cheaper model called o3-mini — read: one that can compete with DeepSeek — to today. As Wired put it, “It’s fast, cheap, smart, and designed to crush DeepSeek.”

DeepSeek Has Gotten OpenAI Fired Up

DeepSeek Has Gotten OpenAI Fired Up

Then, OpenAI lashed out. The company itself accused DeepSeek of training its models on ChatGPT. (Never mind the fact that OpenAI was trained on the intellectual property of myriad others.)

Now, OpenAI is trying to fight back. Wired reports that it moved up the release of a newer, cheaper model called o3-mini — read: one that can compete with DeepSeek — to today. As Wired put it, “It’s fast, cheap, smart, and designed to crush DeepSeek.”

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Meta buys chip startup Rivos in effort to lower its reliance on Nvidia

Meta is buying AI chip startup Rivos for an unknown sum, as part of the social media company’s effort to decrease its reliance on graphics processing units from Nvidia, Bloomberg reports. Rivos was seeking funding in August at a $2 billion valuation. Meta has been spending exorbitant sums in an attempt to create AI models that are smarter than humans, an effort that’s involved investing in developing its own AI chips.

Meta Is Said to Acquire Chips Startup Rivos to Push AI Effort

Meta Is Said to Acquire Chips Startup Rivos to Push AI Effort

⚡️ +267% ⚡️

A new analysis by Bloomberg looked at wholesale electricity prices and found that in the past five years, areas near data centers saw their prices spike as much as 267%. More than 70% of the price increases took place in areas less than 50 miles from a data center.

As tech companies race to build colossal data centers, unprecedented energy demands from the projects are passing some of the costs on to consumers.

one-stop bot shop

Americans still have hang-ups about using AI as a shopping assistant

Could ChatGPT’s new instant checkout help move the needle?

Woman walking next to humanoid robot carrying shopping bags

tech

OpenAI’s first-half 2025 sales were 16% higher than all of 2024

OpenAI brought in $4.3 billion in revenue in the first half of this year, 16% higher than its total revenue in 2024, The Information reports, citing financial disclosures to shareholders. The ChatGPT maker also burned through $2.5 billion in the same time frame.

Currently the company is generating more than $1 billion in revenue each month, which puts it on track to reach its full-year projection for $13 billion in revenue and $8.5 billion in cash burn — a paltry sum compared to the $115 billion it expects to burn through 2029.

OpenAI’s First Half Results: $4.3 Billion in Sales, $2.5 Billion Cash Burn

OpenAI’s First Half Results: $4.3 Billion in Sales, $2.5 Billion Cash Burn

What analysts expect from Tesla’s last quarter with the $7,500 tax credit

Tesla reports Q3 delivery numbers this week.

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