OpenAI's new GPT-5 model — the engine that will power its key products, including the free and paid versions of ChatGPT — throws down a gauntlet to its arch-competitor Anthropic.
The big picture: Anthropic's Claude is frequently viewed as the best AI for writing code, which could be the reason OpenAI leaned so heavily on GPT-5's coding skills as the company introduced its new model Thursday.
EA's first day of "Madden 26" was anything but a touchdown.
The big picture: The annual football video game's launch day was slammed by a number of errors that left gamers twiddling their thumbs instead of flicking the sticks.
OpenAI's long-awaited GPT-5 — a major update to the technology underlying ChatGPT — is a faster, more-capable large language model that CEO Sam Altman said gives users instant access to a PhD-level expert on any subject.
Why it matters: The Thursday release of GPT-5 brings together traditional and "reasoning" models and ups the ante in the race toward so-called artificial general intelligence (AGI).
AI soon may revolutionize venture capital, but not in the way that many investors think.
That was the top takeaway from an Axios conversation yesterday with Jon McNeill, the former Tesla president and Lyft COO who now runs a company creation platform called DVx.
The big picture: McNeill says that the investment math is changing for application startups, arguing that DVx now can get them to Series A with 80% less seed funding than it previously could.
Shamrock Capital — the Los Angeles-based investment firm specializing in media, entertainment, communications, sports and marketing — has acquired Penta Group, a stakeholder management firm based in Washington, D.C.
Falfurrias Capital Partners, which took a majority stake in 2021, has exited, and financial terms were not disclosed.
Why it matters: It's the latest private equity deal within the communications advisory space.
Dialog — a secretive, invite-only network founded two decades ago by Peter Thiel and Auren Hoffman, the star investors and entrepreneurs — is preparing a major expansion, including a real estate purchase to build a campus in the D.C. suburbs, a tipster familiar with the group's plans tells Axios.
Why it matters: Dialog, often compared to a tech-era Bilderberg, has quietly become one of the most elite, and mysterious, gatherings for CEOs, elected officials, and intellectual heavyweights.
United Airlines travelers faced delays after the Federal Aviation Administration issued ground stops for United flights at major U.S. airports after the airline reported "a technology issue" on Wednesday evening.
The latest: United flights across the U.S. resumed after the company announced in a statement shared with outlets including Axios that the "underlying technology issue" had been "resolved," but hundreds of travelers still faced delays on Wednesday night.
