To the question of what sense it makes to compete with Google, OpenAI or Anthropic in AI, Mistral has an answer: small and local models

French startup Mistral AI Mistral 3 has been launcheda family of 10 open source artificial intelligence models that represent its most ambitious commitment to date. The Parisian company, which is often considered the main European hope in the development of AI, seeks to differentiate itself from the large American technology companies by betting on flexibility and deployment in all types of devices instead of raw power. Under these lines we tell you all the news. What Mistral has presented. The Mistral 3 family includes a flagship model called Mistral Large 3, with 675 billion parameters, and nine compact models grouped under the name Ministral 3 (in three sizes: 14,000, 8,000 and 3 billion parameters). All models are released under Apache 2.0 license, allowing unrestricted commercial use. The large model also has multimodal capacity, being able to process text and images. It is also multilingual, with a special emphasis on European languages. On the other hand, small models can run on devices with just 4 GB of memory, making them perfect for modest laptops, mobile phones and embedded systems without the need for an internet connection. Why strategy matters. While OpenAI, Google and Anthropic focus on increasingly powerful and closed systems with agentic capabilitiesMistral has focused on the breadth and scope of its models, efficiency and what its co-founder Guillaume Lample calls “distributed intelligence.” According to declared told VentureBeat, the company believes the future of AI is defined not by scale, but by ubiquity: models small enough to run in drones, vehicles, robots and consumer devices. The economic and practical argument. Lample explained It means that in more than 90% of cases, a small, specifically tuned model can get the job done, especially if it is trained with synthetic data for specific tasks. According to Lample, this is not only cheaper and faster, but it eliminates concerns about privacy, latency and reliability. The company also has teams that work directly with customers to analyze specific problems and fine-tune small models that perform specific tasks. This, above all, can attract companies that become frustrated when choosing the best possible model for a specific task and, if it does not perform adequately, they end up giving up. Europe is lagging behind. If we talk about innovation and technology around AI, we do not hesitate to say that Europe is leagues away of what companies in the United States and China are offering. This is why Mistral AI advocates a different approach in which it prioritizes massive deployment in devices and the flexibility of its smaller models. The capacity offered by open models can be a great asset to continue betting on these technologies. In China, for example, the open models of DeepSeek, Alibaba or Kimi are emerging widelyabove in certain tasks even competitors as large as ChatGPT. Lample explained that most leading Chinese models are exclusively text-based, with separate image processing systems. For this reason, they also want to opt for a multimodal approach. A complete ecosystem. Mistral no longer only offers language models. The company has built an entire ecosystem that includes Mistral Agents APIwith connectors for code execution, web search and image generation; Masterlyyour reasoning model; Mistral Code for programming assistance; and AI Studioan application deployment platform that also has analytical and logging capabilities. Furthermore, his assistant Le Chat It has incorporated a deep research mode, voice capabilities and a list of more than 20 enterprise integrations. Thus, in addition to its model offering, the company can provide other companies with a whole layer of personalized products and services, with the aim of being their main source of financing. Digital sovereignty. Although Mistral is often characterized as Europe’s answer to OpenAI, the company prefers to consider itself as ‘a transatlantic collaboration’. Its CEO, in fact, is in the United States, has teams on both continents and trains these models in collaboration with American teams and infrastructure. However, its positioning as a defender of European digital sovereignty has earned it strategic partnerships with the French army, the country’s employment agency, the Luxembourg government and various European public organizations. The European Commission presented in October a strategy to promote European AI tools that provide security and resilience while boosting the continent’s industrial competitiveness. Offline capabilities for democratization. The use cases that Mistral has designed for its small models include, above all, local applications, such as factory robots that use sensor data in real time and without relying on the cloud, drones in natural disasters or rescues that operate offline, and smart cars with functional AI assistants in remote areas. Lample stood out that there are billions of people without internet access but with laptops or cell phones capable of running these small models, which he considers potentially revolutionary. Additionally, by running on the device, these apps preserve the privacy of user data. Real “open source” debate. Not everyone celebrates Mistral’s approach. Some critics question his decision to opt for models’open weight‘, that is, free to access but providing less information about their code than truly “open source” models, which provide the code and training data necessary to train a model from scratch. Andreas Liesenfeld, assistant professor at Radboud University and co-founder of the European Open Source AI Index, declared to the Financial Times that data at scale is the missing key in the European AI innovation ecosystem and that Mistral does not contribute to that at all. The long-term strategic bet. Lample recognize that their models are “a little behind” the most advanced closed systems, but argued that the important thing is that “they are catching up quickly.” Time will tell if Mistral’s approach to low-cost, versatile models with local applications ends up working for them to end up positioning themselves as one of the great European bets on AI. Cover image | Mistral AI In Xataka | China already has an army of 5.8 million engineers. His new plan involves accelerating doctorates

Google hit the red button when ChatGPT came upon it. Now it is OpenAI who has pressed it, according to WSJ

Sam Altman has activated high alert on OpenAI. Just like share From Wall Street Journal, the company’s CEO announced this Monday in an internal memo that the company enters “code red” to improve ChatGPTthe tool that has catapulted the company to stardom but that now sees its rivals closing the gap at breakneck speed. what’s happening. OpenAI is postponing several important projects to focus all its resources on improving the daily ChatGPT experience, according to the internal memo to which WSJ has had access. According to Altman, the chatbot urgently needs advances in personalization, speed, reliability and the ability to answer a broader range of questions. Among the postponed projects are initiatives to include advertising in the free version of ChatGPT, AI agents for health and purchases (the latter was announced very recently), and Pressa personal assistant in development. why now. The pressure comes mainly from Google. Your model Gemini 3released last month, has outperformed OpenAI in industry benchmarks and sent the Mountain View giant’s stock soaring. Just like assures In the middle, Gemini’s monthly active users went from 450 million in July to 650 million in October, a meteoric growth that sets off all the alarms at OpenAI. Although ChatGPT maintains the lead with approximately more than 800 million weekly users, the speed at which Google is gaining ground is worrying. The underlying problem. OpenAI is in a delicate position. The company it is not profitable and it needs constant rounds of financing to survive, which puts it at a disadvantage compared to Google and other technology companies that can finance their investments with their own income. It’s also spending more aggressively than its main startup rival, Anthropic. According to their own financial projectionsOpenAI will need to reach revenues of approximately $200 billion to be profitable in 2030. All while being committed to investments of hundreds of billions in data centers. The last setbacks. The company has had a difficult time lately balancing the security of its chatbot with making it more attractive to users. The GPT-5 model Launched in August, it disappointed some users, who complained about its colder tone and problems answering simple math and geography questions. OpenAI had to update the model last month to make it warmer and better able to follow user instructions. OpenAI’s response. According to point In the middle, Altman has established daily calls for those responsible for improving ChatGPT and has encouraged temporary team transfers. WSJ assures that the company uses three color codes: yellow, orange and red, to describe the different levels of urgency necessary to address problems. According to the outlet, prior to this “code red”, OpenAI had declared a “code orange” in its effort to improve the chatbot. Nick Turley, Head of ChatGPT at OpenAI, stated in X that ChatGPT represents 70% of global AI-assisted activities and 10% of search activities. An unexpected script twist. This represents a radical change compared to three years ago, when it was Google who declared its own code red in response to the threat posed by ChatGPT. And after a groundbreaking Google I/O Last May, those from Mountain View have witnessed brutal growth in all the directions in which the AI ​​race is currently pointing, with improvements in their chatbot, the deployment of countless AI agents, improvements in their applications and more. Now it seems that it is OpenAI who must defend its position. And now what. Altman advertisement that next week OpenAI will launch a new reasoning model that, according to internal evaluations, surpasses Google’s Gemini 3. However, he acknowledges that there is still a lot of work to be done in the everyday chatbot experience. Cover image | OpenAI and Xataka Android In Xataka | China already has an army of 5.8 million engineers. His new plan involves accelerating doctorates

OpenAI will show ads on ChatGPT because it has no choice: the free AI business is unsustainable

OpenAI has started laying the groundwork to introduce advertising on ChatGPT. The code for the latest beta version of your Android app includes explicit references to search adsadvertising carousels and commercial content. It is something that can be seen coming from afar and has been rumored, but there is a trace of OpenAI itself. Why is it important. The company cannot sustain free access to a technology that is very expensive to operate indefinitely. Google and Meta can afford something like this because they finance their chatbots with huge prior advertising deals, but OpenAI continues to accumulate debt and burning cash without a clear profitable model. A $200/month Pro plan user has already reported seeing a Peloton ad during a conversation. The publicity seems inevitable, perhaps even for those who pay… in the absence of knowing if that was a mistake or part of the next new normal. In Xataka Privacy is dying since ChatGPT arrived. Now our obsession is for AI to know us as best as possible Between the lines. Sam Altman has gone from calling ads “the last resort” in 2024 to praising Instagram’s advertising model months later. Leaked internal forecasts anticipated $1 billion in “free user monetization” by 2026. The company has been hiring specialized personnel in advertising platformsattribution systems and campaign tools. The discourse has changed: it now talks about finding a format that “benefits the user.” Yes, but. Reuters informs that OpenAI has declared internal “code red” to improve ChatGPT (just the opposite of what happened when ChatGPT arrived) and is postponing initiatives such as advertising. The priority now is to respond to the launch of Gemini 3do not monetize free users. {“videoId”:”x9rqykw”,”autoplay”:false,”title”:”Apps in ChatGPT”, “tag”:”technology”, “duration”:”69″} The hidden advantage. Conversational AIs know their users better than anyone cookie or web tracking pixel. We tell them our concerns, intimacies and interests without filters. We navigate obsessed with not being tracked, but We give ChatGPT a perfect advertising profile. Google knows what you are looking for. ChatGPT knows what you think. The difference determines the value of the ad. At stake. OpenAI handles 800 million weekly users processing 2.5 billion daily queries. That beastly audience turns any advertising model into potential billions of annual revenue. The current free plan isn’t going away, but it will likely include ads. Payment plans could become more expensive when the restructuring comes. The company needs revenue that doesn’t rely solely on subscriptions to close its huge operating deficit. In Xataka |ChatGPT has been a tool. If you start remembering all our conversations, it’s going to be something else: a relationship. Featured image |Solen Feyissa (function() { window._JS_MODULES = window._JS_MODULES || {}; var headElement = document.getElementsByTagName(‘head’)(0); if (_JS_MODULES.instagram) { var instagramScript = document.createElement(‘script’); instagramScript.src=”https://platform.instagram.com/en_US/embeds.js”; instagramScript.async = true; instagramScript.defer = true; headElement.appendChild(instagramScript); – The news OpenAI will show ads on ChatGPT because it has no choice: the free AI business is unsustainable was originally published in Xataka by Javier Lacort .

OpenAI needs a lot of money. And to keep giving it to them, they are promising things that cost even more money.

That OpenAI is in trouble is something we’ve been talking about from long agobut the last few weeks have aggravated the situation even more if possible. The company continues burning money like there’s no tomorrow and the income does not match. OpenAI needs investors and to justify those investments it needs to diversify into new markets. It’s going to be very difficult. The problem. On the one hand we have an OpenAI that dominated the AI ​​chatbot market with ChatGPT, but no longer enjoys the technological advantage it used to. Sam Altman himself acknowledged in an internal email that Google was technologically catching up with them with Gemini 3 and user figures indicate that Gemini is getting dangerously close, with 650,000 monthly users in front of the 800,000 weekly ChatGPT users. Losing the market leadership they themselves created would be a serious problem, but unfortunately for OpenAI, it is not the only one. The other problem. OpenAI’s spending projections for the next eight years are $1.4 trillion, said by Sam Altman himself. Let’s pause: 1.4 European billion, that is, 1,400,000,000,000. Thirteen figures, that’s nothing. To justify those astronomical investments, Altman talks about getting into robotics, cloud computing services and the highly anticipated (although nothing concrete) personal device designed by Jony Ive and which It will be “the iPhone of AI”. It sounds good, the problem is that at the moment OpenAI does not have the infrastructure and it does not say how it plans to compete in these markets. The OpenAI business. The barrier to entry to create an AI chatbot in 2022, when ChatGPT came out, was much lower than that presented by the sectors with which OpenAI is flirting. In the Wall Street Journal newsletter They point out something key: they are markets with fierce competition and huge companies that have been well established for years. Let’s look at the panorama they face: Robotics: Humanoid robots are still a developing segment and we have doubts that it becomes mainstreambut already There are many companies competing to put a robotic butler in our home. That OpenAI would manufacture its own robots seems completely unlikely because they do not have the infrastructure and it would cost them a fortune, something they do not have. The most feasible scenario would be to work with a robotics company to integrate their AI. In the United States it would have to compete with Figure and Tesla, both with their own AI. In China, with Unitree and Deep Robotics. Complicated. Cloud computing: getting computing power is another of OpenAI’s problems and the center of its multi-million dollar deals with amazon, NVIDIA either amd to mention a few. Setting up your own business in the cloud would mean competing with giants like Microsoft, Google or Amazon, who are also your own partners and you need them. Not to mention that Personal devices: It is the sector in which they have a more concrete plan, and yet we hardly know anything about this supposed “iPhone of AI”, a device so revolutionary that the smartphone would be a thing of the past, or so Ive and Altman said. We have not seen a single image of the device and the project has been delayedbut assuming OpenAI ends up launching it, it has the difficult task of convincing the world that it is better than a smartphone. Humane didn’t make it. For now it works for them. In October OpenAI closed a share sale that raised its valuation to $500 billionmaking it the most valuable startup in the world. It is an astronomical figure especially considering that the company’s expenses are also astronomical; only in the last quarter They lost a whopping 11.5 billion dollars. Investors have remained confident until now, the question is how long the party will continue. OpenAI needs it to last several years to be able to have that business that is going to cost 1.4 billion to build. Images | Wikipedia In Xataka | We have reached a point where not even the CEOs of Google or Microsoft deny that we have an AI bubble

OpenAI just launched ChatGPT for teachers. The question now is how much education we are willing to delegate to AI

What happens when a teacher uses artificial intelligence to prepare his classes, a student uses it to do homework, and finally, that same teacher uses AI again to correct them? It may not be the norm yetbut that scenario no longer sounds so far away. The speed at which these tools have been integrated into classrooms has opened a fundamental debate: what do we really learn if we let technology do the work for us? And what does the educational system lose if this process becomes a habit? The landing of AI in education is neither coincidental nor recent. Technological tools have been present in classrooms for years, with platforms such as Google Classroom either Moodle. The novelty is not in using technology, but in relying on systems capable of generating content, proposing solutions or even being used in pedagogical decisions. That is where the big developers—Google, Microsoft, Anthropic and, more recently, OpenAI—have decided to go a step further and position themselves at the center of the educational debate. Here OpenAI lands with a dedicated proposal for teachers in the United States. We are talking about a version of ChatGPT Designed for primary and secondary educators, free for verified teachers, with administrative controls for centers and school districts. Unlike the service that almost all of us know, OpenAI ensures that the data generated in these environments will not be used, by default, to train its models. What ChatGPT offers for teachers Personalized assistance. It allows you to enter school level, curriculum and desired format so that the answers adapt to the real style of the classroom. It is the teacher who controls that configuration. Integration with usual resources. You can generate presentations with Canva, import lesson plans or documents from Google Drive and Microsoft 365, and start a conversation with that context already activated. Ideas from other teachers. Show real examples of teachers already using ChatGPT in their classes, directly below the editor, as a source of inspiration. Teaching collaboration. It makes it easy to create custom GPTs and shared templates to plan units, lessons, or assessments among colleagues in the same school or district. Management from the center. It offers a manageable workspace, with secure accounts and differentiated roles for teachers and academic leaders. What is OpenAI pursuing with this? Among the 800 million weekly ChatGPT users there are many teachers. The company explains that they are using the tool to design teaching units, adapt the curriculum to regional standards or generate examples that help evaluate their students. Let’s look at some of the usage examples you have shared: Generate examples for a task You are an expert English teacher. Using the prompts in the accompanying readings, generate seven different sample answers. Responses should be one paragraph in length and range in quality from very well written to very poor. They must be written following the RACES format (restate, respond, cite, explain and summarize). Include a justification for each answer, indicating your level of writing. Plan a multi-week drive My science department is redesigning the 8th grade physical science curriculum and I need help creating a teaching unit based on the attached objectives. Please make a plan for a 20-day unit with 55-minute classes. I need a guiding question for each day to help focus learning. Provide hands-on activities for students to explore these topics. As we can see, AI is here to stay, and trying to ignore it is not an option. The real question is how to use it without replacing the act of learning, which is much more than completing a task. Because if the teacher uses AI to solve what he has to prepare, and the student does the same to deliver what is required of him, what remains of that process beyond compliance? The educational system is not based on the ability to deliver results, but on the ability to think, make mistakes and argue with one’s own knowledge. An MIT study provides data that begins to illuminate the debate: users who wrote essays with ChatGPT produced the text 60% faster, but their cognitive effort was relevant was reduced by 32%. That is, they achieve a more polished result, but with less mental work. Another study, in this case from the SBS Swiss Business Schoolnotes that the increased use of AI is linked to the deterioration of critical thinking skills. We still do not know what effects this dynamic will have in the medium or long term. What we do know is that the classroom has become a territory where big technology companies want to be. And that the real educational challenge of the next decade will not be deciding whether we use AI, but deciding how much of the educational process we are willing to delegate to it. Images | Xataka with Gemini 3 | OpenAI In Xataka | The problem is not that the AI ​​is not able to read the time. The problem is confirming that he does not reason and only repeats what he has seen.

Oracle signed a 300 billion agreement with OpenAI. Two months later it has lost 315,000 million in the stock market

Since Oracle announced its $300 billion deal with OpenAI On September 10, its shares have lost $315 billion in market capitalization, as they have stated since Financial Times. The technology company He has bet everything on a single card: Become the premier infrastructure provider for the world’s most valuable AI lab. Investors are not convinced. The most expensive bet in its history. Oracle has tied its future to OpenAI in an unprecedented way in the technology industry. According to estimates At Jefferies, 58% of its future order book comes from a single customer: OpenAI. To put it in perspective, Microsoft has just 39% concentration with its largest customer, and Amazon 16%. Oracle has gotten into a mess and its business diversification has become a critical dependency on OpenAI. The plan is ambitious but risky. Oracle’s strategy is to reach $166 billion in cloud computing revenue by 2030, according to counted the company last month. To achieve this, its investment budget in the current fiscal year ending in May amounts to $35 billion. The analysts wait that this annual expenditure will stabilize around 80,000 million in 2029. But here’s the problem: Starting in 2027, most of that revenue would come from OpenAI, according to the calculations from RBC Capital Markets. That is, Oracle is not just building massive infrastructure, it is building massive infrastructure for a single tenant that has yet to prove its long-term commercial viability. The numbers don’t add up yet. Oracle’s net debt already stands at 2.5 times its ebitda (earnings before interest, taxes, depreciation and amortization), more than double what it was in 2021, and is expected to almost double again by 2030. Its free cash flow is also expected to remain negative for five consecutive years, according to the forecasts collected by Bloomberg. The company is financing with debt a gigantic server farm with the hope that OpenAI will generate enough revenue to justify the investment. Meanwhile, as has shared Financial Times, investors are so restless that the cost of insuring against a potential Oracle default is at a three-year high. The contagion effect of OpenAI. Oracle is not the only company that has suffered after announcing agreements with OpenAI. Broadcom and Amazon too have seen their shares fallwhile NVIDIA has barely moved since its investment agreement in September. A few months ago, any type of association with OpenAI caused prices to rise, considering himself the King Midas of AI. The most notable case was AMD’s in Octoberwhen its shares rose 24% after announcing a chip deal that included company warrants. That halo effect seems to have completely faded. Between the lines. The initial theory was that OpenAI was in a frantic race to catch up. general artificial intelligence (AGI) and that Oracle was the only company capable of scaling the necessary computing capacity at the required speed. Oracle promised the lowest upfront costs and the fastest path to revenue generation because it acted as a data center tenant, not an owner. Now investors are sending the signal that partnering with OpenAI is no longer a guarantee of success. The alternative reality is less rosy: Oracle doesn’t have as much operating profit as its competitors to burn on R&D, so it’s betting everything to keep its only big customer in exchange for a promissory note. Amazon, Microsoft and Meta can afford to spend between 70,000 and 130,000 million a year in infrastructure. Oracle is juggling financials to keep pace. And now what. Oracle has until mid-2026 to prove that your Abilene data center in Texas, with capacity for more than 400,000 GPUs and 1.4 gigawatts of power, can generate the promised returns. Meanwhile, the market has spoken and is awaiting evidence that this partnership will bear the promised fruits. Cover image | Oracle and OpenAI In Xataka | As if there weren’t enough AI companies, Jeff Bezos has just returned from the shadows to build another one, according to the NYT

OpenAI has released GPT-5.1 with two personalities because 800 million users do not want the same AI

OpenAI has launched GPT-5.1an update of its flagship model that comes in two variants: Instant (conversational and “warmer”), Thinking (deep reasoning). The real novelty is not in the technical metrics, but in something more prosaic: you can now choose between eight conversation tones, from “professional” to “cynical.” It is recognizing that AI as a mass product needs segmentation. It is no longer enough to have just one assistant for everyone. The new model selector for Plus users. Image: Xataka. Why is it important. OpenAI has 800 million users with radically different expectations. Some want a neutral and efficient assistant. Others seek warmth and empathy. Some have even developed problematic emotional ties to the chatbot. The company tries to solve this with personality adjustments, but the underlying problem remains: ChatGPT keeps pretending to be a person, a consistent entity that knows you. This generates the same risks of emotional dependence that have motivated mental health demands and alerts. The facts: GPT-5.1 Instant improves in math and programming, and for the first time uses “adaptive reasoning”: decide when to think harder before answering. GPT-5.1 Thinking, for its part, dynamically adjusts its processing time according to the complexity of the question, being twice as fast in simple tasks and twice as slow in complex ones. The eight available tones (Default, Professional, Friendly, Sincere, Quirky, Efficient, Geek, Cynical) work by injecting different instructions into each prompt. The capabilities of the model do not change, only the presentation changes. Yes, but. The speed of the launch has come at a cost. OpenAI itself admits in its technical documentation that GPT-5.1 presents “known security regressions” compared to the October version. They prioritized time-to-market over exhaustive testing, something striking in a company under intense regulatory scrutiny due to cases of vulnerable users. Furthermore, personalization has limits that OpenAI has had to explicitly acknowledge: “taken to the extreme, personalization would be useless if it only reinforced your worldview.” It is admitting that you are walking a tightrope between engagement commercial and social responsibility. Between the lines. The launch of GPT-5.1 is a symptom of a deeper strategic shift. OpenAI is fragmenting its product because the “one AI fits all” model has failed. GPT-5 was so disappointing that the company had to enable it again GPT-4o as an option the next day. In Xataka | OpenAI has never been more ambitious. And he’s never been so close to not being able to pay his debts. Featured image | Xataka with Mockuuups Studio

OpenAI is going to have to pay a fortune in credit obligations in 2026. Today the accounts do not work out

In recent months, OpenAI has signed agreements worth more than $1.4 trillion in infrastructure—data centers—that will be built in the next 8-10 years. The problem is that to do this they will have to face gigantic credit obligations that will require billions of dollars in 2026, and it is not at all clear how they will be able to face those payments. bad business. Your current income structure certainly does not support such debt. Sam Altman indicated in X They expect to end the year with more than $20 billion in annualized revenue. Even so, they will continue to be in (very) red numbers, although they also promise that by 2030 they will enter “hundreds of billions of dollars“The accounts do not come out, and that makes it virtually impossible to meet all credit commitments without resorting to extraordinary forms of financing, refinancing or… Rescue. Last week there was already talk about how both NVIDIA and OpenAI had dropped the possibility that papa state had to rescue them in case of a debacle. Sam Altman himself clarified shortly after that “we don’t have or want government guarantees (…) and taxpayers should not bail out companies that make bad business decisions.” He does not want a rescue, but he does talk about agreements with the government. Although Altman clarified that he was not seeking government bailouts, he did make it clear that there is a debate about a strategy to face these loans: “The only area in which we have discussed loan guarantees is in the framework of supporting the construction of semiconductor factories in the United States (…) Of course, this is different from governments guaranteeing the construction of data centers for private purposes.” It seems impossible for them to get out of this. As analyst Ed Zitron explains in your newsletterOpenAI needs $400 billion over the next 12 months to meet those credit obligations. Not only that: for him OpenAI’s plans to build chips with Broadcom and fill a 1 GW data center or create similar data centers with AMD chips Instinct or with the Vera Rubin from NVIDIA “There is not enough time to build these data centers. And if there was enough time, there would not be enough money. And if there was enough money, there would not be enough (electrical) transformers, electrical grade steel or specialized talent to supply the electricity for these data centers.” That’s all a gigantic house of cards. Possible strategies. OpenAI increasingly depends on debt issues and strategic investors, but also on those circular financing agreements it has reached with several companies. SoftBank, which already invested in OpenAI, could expand its bet, especially now that it has just sold completely all its participation in NVIDIA. Although the sale has obtained almost $6 billion, the figure is still insufficient even if it is invested in OpenAI. And of course OpenAI could achieve explosive revenue growth, but it is far from clear that it will achieve such growth in the short term. The other solution: slow down. OpenAI’s excessive ambition makes everything surrounding its agreements and proposals absolutely enormous, and that also affects its credit obligations. Adopting a slightly less risky strategy and setting more feasible deadlines could reduce the financial stress to which the company is subject… but it would also raise doubts about the growth promises that Altman and his people have made for years. Going public? Another option for OpenAI is to go public now that it has managed to complete the restructuring and has become in a for-profit organization under the umbrella, of course, of the OpenAI Foundation. In recent days there was talk about how this option would allow the company get a billion dollar valuationbut the analysts they doubt that something like this is going to happen in the short term… if it happens at all. And the bubble keeps growing. Analysts like Scott Galloway they explained recently that the valuations of companies like NVIDIA, Oracle or AMD are conditional on those “handshake” agreements with other companies like OpenAI. For him, these agreements have no substance: there is much ado about nothing. If the market ends up losing confidence, the consequences could be dire and the hypothetical bubble could burst. Source: Apollo Academy All eggs in one basket. Stock market concentration does not help. Torsten Sloj, chief economist at Apollo Global Management, has been talking for some time about the dangerous concentration of the S&P 500 index in 2025. A few days ago published a graph in which it showed the returns of various assets in the last five years, and there is a clear conclusion: while “the Magnificent Seven” have grown exceptionally, the rest have barely done so. Image | Steve Juvetson In Xataka | There is a race in which Anthropic is winning over OpenAI: that of being profitable

NVIDIA and OpenAI know that the AI ​​bubble can burst in their faces. His solution: let dad pay for the state

Too big to fail or, in English, “too big to fail.” It is a theory of economics and finance which argues that certain corporations, especially banks, are so large and so interconnected that their failure would have catastrophic consequences for the global economy and therefore must be rescued by governments. The speech gained traction in the 2008 financial crisis and is beginning to sound again from the mouths of NVIDIA and OpenAI, no less. Government support. At an event of WSJSarah Friar, CFO of OpenAI, stated that the company will not go public in the short term (she says until at least 2027) and that its priority is growth and investment in R&D, above profitability. The most striking part of his speech was when he said that they hope that the government will support the financing of future agreements related to data centers. That OpenAI is burning astronomical amounts of money to lead the AI ​​race is something we have been discussing for a long timebut it is the first time that they directly appeal to the state to guarantee it. Shortly after, Friar collected cable in a post on LinkedIn: “OpenAI does not seek government support for our infrastructure commitments. I used the word ‘support’ and that confused the message,” but the seed was already planted. Depreciation. OpenAI is closing deals to secure computing capacity. We have seen it with his alliance with NVIDIAwith amdwith Broadcom and more recently with amazon. The complexity of the situation is that the depreciation rates of AI chips remain uncertain. As it says Washington Post’s Gerrit de Vynck in XOpenAI is going to need the best chips to be at the forefront of the AI ​​market, but financing this demand is not the same if the life cycle of the chips is seven years, as if it is only two years. The money is flowing, the question is for how long. In this uncertain scenario, government support would act as a safety net so that banks and private equity firms would feel more comfortable and continue releasing billions for OpenAI. China will win. NVIDIA is also appealing for government involvement in subtle ways. In a Financial Times event in London, Its CEO Jenshen Huang has warned that “China is going to win the AI ​​race.” Their arguments are that China has more flexible regulation and government subsidies for the energy your data centers needthat It is not little. This energy advantage allows China to compete even if they cannot buy NVIDIA’s most powerful chips. Huang doesn’t say it directly, but it is a clear wake-up call: either you subsidize the energy our data centers need or China will win. The fear. The question has been hanging over the air for a long time: Are we witnessing a new bubble? The investor Michael Burry thinks soand he is not just any investor, he was the one who made gold when the real estate bubble burst in 2008 (the movie ‘The Big Short’ is based on his story). The thing is, Burry just bet short against NVIDIA, which recently It was valued at 5 billion dollars. Fear of the bubble continues to grow, according to a Coatue report and the number of fund managers who believe we are in a bubble increased to 54% in October, up from 37% in July this year. 48% of the S&P 500 index corresponds to AI-related stocks. Fountain: Bianco Research Numbers. The fear is not at all unfounded and all you have to do is take a look at the numbers. Account Tomás Pueyo in Uncharted Territories that the economy should be in recession, but the numbers show the opposite and AI is behind this growth. The S&P 500 index is through the roof and 48% of this growth corresponds to AI-related stocks. The share price is far above what it was in the dotcom bustall with ridiculous benefits. And that’s not all, the economic growth of the United States in 2025 is due almost entirely to the construction of data centers for AI. According to the Economist Jason Furmanwithout taking data centers into account, the GDP of the United States would have grown only 0.1% in 2025. The creator of the newsletter Today in Tabs He gave a very graphic example: “Our economy could be reduced to three AI data centers in trench coats.” Tightrope. Returning to OpenAI, its financial director assured the Financial Times that it could be profitable simply by stopping investing too aggressively since it has a “very healthy” margin structure. The thing is, they can’t do it. OpenAI needs to achieve AGI, its great promise and the only thing that could justify this insane investment. If it fails, will cause a shock wave that can impact NVIDIA, AMD, Oracle… and end up dragging down the global economy. The competition tightens, Anthropic is eating the business market’s toast and Google is not only winning every time more users with Geminireached record revenue in the last quarterwhile OpenAI lost $11.5 billion in the same period. It doesn’t look good. Images | Wikipedia In Xataka | NVIDIA will invest 100 billion in OpenAI so that OpenAI buys chips from NVIDIA. And it’s a disturbing sign

Ghibli and more Japanese studios demand that OpenAI stop using their works. The reason: the Sora 2 videos

In Japan they seem to be tired of images generated with artificial intelligence that resemble, perhaps too much, the mythical works of Japanese origin. We are referring, of course, to images and videos created with AI that seek to reimagine any photo, person or character with “Ghibli style” or similar. An anti-piracy organization in Japan has demanded that OpenAI cease what they claim is a copyright violation. Japan studies against AI. CODA is a Japanese anti-piracy organization that includes companies such as Studio GhibliToei Animation, Bandai, Toho and Square Enix. The organization has published a letter demanding OpenAI stop using its members’ original content to train Sora 2, the OpenAI tool responsible for generating realistic videos with artificial intelligence. Some of Studio Ghibli’s most legendary films. (Images: Studio Ghibli) In your letterCODA (whose acronym stands for Overseas Content Distribution Association) claims to have confirmed that “a large portion of the content produced by Sora closely resembles Japanese content or images.” This, according to the organization, would be the result of having used copyrighted content to train artificial intelligence. In Xataka OpenAI has just made a move after its separation of assets with Microsoft: it has signed an agreement with Amazon for $38 billion What Japanese studies ask for. CODA’s demands are clear: that OpenAI not use its members’ content to train its artificial intelligence model. And also, that OpenAI respond to the demands and complaints of the companies that are part of the Japanese organization about the Sora 2 videos. {“videoId”:”x9hhg44″,”autoplay”:true,”title”:”The TRUTH of AI – This is how ChatGPT 4, DALL-E or MIDJOURNEY works 🤖 🧠 ARTIFICIAL INTELLIGENCE”, “tag”:”webedia-prod”, “duration”:”1173″} The government also pressures. In mid-October the Japanese government already had spoken against OpenAI’s use of copyrighted content to train its artificial intelligence. Minoru Kiuchi, Japanese minister responsible for intellectual property strategy in the country, asked OpenAI not to violate the copyrights of Japanese intellectual properties. According to Minister Kiuchi, manga and anime are “irreplaceable treasures” that Japan offers the world. 2025, the year of “Ghibli-style” images. Last March OpenAI enabled the image generation based on GPT-4oand quickly “Ghibli-style” or “anime-style” images became extremely popular. However, the claims of CODA and its members, in addition to the Japanese government’s request, are especially directed at Sora 2 and its video generation capabilities. In Xataka OpenAI has turned ChatGPT into mainstream AI. In the business world the game is being won by its great rival Although the results are far from perfect, social networks have been filled with these types of unofficial videos made with AI, which for companies such as Bandai Namco, NHK, Wowow, Aniplex and many others represents a violation of their copyright. At the time of publishing this article, OpenAI has not yet responded to the Japanese studios’ request. Cover image | OpenAI / Image created with artificial intelligence In Xataka | The “AI slop” turned into art. A Chinese creator is copying the absurd aesthetics of generative AI, and it’s hilarious In Xataka | OpenAI knows that ChatGPT is causing serious mental health problems for some users. And he is already “correcting” it (function() { window._JS_MODULES = window._JS_MODULES || {}; var headElement = document.getElementsByTagName(‘head’)(0); if (_JS_MODULES.instagram) { var instagramScript = document.createElement(‘script’); instagramScript.src=”https://platform.instagram.com/en_US/embeds.js”; instagramScript.async = true; instagramScript.defer = true; headElement.appendChild(instagramScript); – The news Ghibli and more Japanese studios demand that OpenAI stop using their works. The reason: the Sora 2 videos was originally published in Xataka by Eduardo Marin .

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