
ChatGPT Hits $2B Revenue, OpenAI's $6B Share Sale, and Google DeepMind's Gemma 3 Unveiled - Daily AI Brief #258
August 16, 2025 -
Daily AI Brief
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Welcome to today's AI Brief.
In today's edition, ChatGPT has reached a significant milestone with its mobile app generating $2 billion in revenue. Meanwhile, OpenAI employees are planning a $6 billion share sale. Google DeepMind has unveiled its new Gemma 3 270M AI Model, and Meta is undergoing its fourth AI restructuring in six months.
Additionally, Skywork AI has launched Mureka V7.5 to enhance Chinese music AI, and Cisco is highlighting network changes due to AI growth. Jade Leung has been appointed as an AI advisor to the UK Prime Minister, and Concirrus has achieved triple certification. Michael Mraz joins TIME as SVP of Product and AI, and AI has achieved a perfect score on the USMLE.
Welcome to today's AI Brief.
In today's edition, ChatGPT has reached a significant milestone with its mobile app generating $2 billion in revenue. Meanwhile, OpenAI employees are planning a $6 billion share sale. Google DeepMind has unveiled its new Gemma 3 270M AI Model, and Meta is undergoing its fourth AI restructuring in six months.
Additionally, Skywork AI has launched Mureka V7.5 to enhance Chinese music AI, and Cisco is highlighting network changes due to AI growth. Jade Leung has been appointed as an AI advisor to the UK Prime Minister, and Concirrus has achieved triple certification. Michael Mraz joins TIME as SVP of Product and AI, and AI has achieved a perfect score on the USMLE.
OpenAI to Develop Financial Tools for AI Funding
OpenAI CEO Sam Altman has announced plans to invest trillions in AI infrastructure, with new financial instruments being considered to support this funding. He also mentioned challenges during the GPT-5 rollout and a possible future public offering. Read more
Meta Plans Fourth AI Restructuring in Six Months
A report indicates that Meta is undergoing its fourth restructuring of AI efforts within six months, forming a new unit called Superintelligence Labs with four distinct groups. Read more
OpenAI Employees to Sell Shares at $500 Billion Valuation
Current and former OpenAI employees are set to sell $6 billion in shares to investors including SoftBank, Thrive Capital, and Dragoneer Investment Group, valuing the company at $500 billion. Read more
ChatGPT Mobile App Reaches $2 Billion Revenue Milestone
The ChatGPT mobile app has achieved $2 billion in global consumer spending since its launch in May 2023, with a notable revenue increase in 2025. The app has been downloaded 690 million times, with the U.S. contributing significantly to its earnings. Read more
Google DeepMind Unveils Gemma 3 270M AI Model
On August 15, 2025, Google DeepMind announced the release of Gemma 3 270M, a compact AI model with 270 million parameters designed for efficient on-device applications. This model is optimized for multilingual tasks and can operate on everyday hardware, making it accessible for startups and edge computing. Read more
Other news
Skywork AI has launched Mureka V7.5 to enhance AI music creation for Chinese songs, while Cisco identifies key network changes due to AI growth. Jade Leung joins as AI advisor to the UK PM, and Concirrus achieves triple certification in AI-driven underwriting. TIME appoints Michael Mraz as SVP of Product and AI, and OpenEvidence develops an AI that scores perfectly on the USMLE. Shape Digital collaborates on offshore oil safety in Brazil, and Freedom IP Capital launches an AI trading bot. NVIDIA unveils the Granary dataset for multilingual speech recognition, and NetDragon forms an AI alliance with Zhongke WengAI.
- Cisco Highlights Network Changes Due to AI Growth
- Jade Leung Appointed AI Advisor to UK PM
- Shape Reef AI Developed for Offshore Oil Safety
- Freedom IP Capital Launches AI Trading Bot
- NVIDIA Unveils Granary Dataset and New AI Models
- NetDragon and Zhongke WengAI Form AI Alliance
- AI's Role in Hemophilia Management
- Cyberscope Files Patent for AI-Optimized Blockchain Platform
- Reynolds & Moore Launches AI Safety Standard
- Vast Data and SK Telecom to Develop AI Cluster in South Korea
- Archestra Raises £2.4 Million for AI Platform
- FDA Approves ArteraAI Prostate for Cancer Prognosis
- Rio Partners with Oracle and Nvidia for AI City Project
- Generative AI in Telecom to Grow at 42.7% CAGR by 2029
- SK Telecom to Develop AI Infrastructure with Haein Cluster
- Key Departures at Elon Musk's xAI
- Bilet.com Secures Investment from Insha Ventures
- Workato Opens AI Research Lab in San Francisco
- Skywork AI Unveils Mureka V7.5 for Enhanced Chinese Music AI
- Ryght AI and Biorasi Partner for AI-Powered Clinical Trial Solutions
- Michael Mraz Joins TIME as SVP of Product and AI
- Wi-Tronix and Cedar AI Collaborate on Rail Intelligence
- Google Cloud and Atlassian Forge AI Partnership
- Concirrus Achieves Triple AI, Security, and Data Trust Certifications
- AI Achieves Perfect Score on USMLE
- Galaxy Digital Secures $1.4 Billion for Helios AI Datacenter
- Jefferson Health Introduces AI in Cancer Treatment
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