Latest news with #SafetyTesting
Yahoo
17 hours ago
- Business
- Yahoo
OpenAI delays the release of its open model, again
OpenAI CEO Sam Altman said Friday the company is delaying the release of its open model, which was already pushed back a month earlier in this summer. OpenAI had planned to release the model next week, however Altman said the company is pushing it back indefinitely for further safety testing. 'We need time to run additional safety tests and review high-risk areas. we are not yet sure how long it will take us,' said Altman in a post on X. 'While we trust the community will build great things with this model, once weights are out, they can't be pulled back. This is new for us and we want to get it right.' OpenAI's open model release is one of the most highly anticipated AI events of the summer, alongside the ChatGPT-maker's expected release of GPT-5. Through these launches, OpenAI will attempt to maintain its spot as Silicon Valley's leading AI lab — an increasingly difficult tasks as xAI, Google DeepMind, and Anthropic invest billions of dollars in their own efforts. The delay means developers will have to wait a little longer to try the first open model OpenAI has released in years. TechCrunch previously reported that OpenAI's open model is expected to have similar reasoning capabilities to the company's o-series of models, and that OpenAI planned for it to be best-in-class compared to other open models. The ecosystem of open AI models became a little more competitive this week. Earlier on Friday, Chinese AI startup Moonshot AI launched Kimi K2, a one trillion parameter open AI model that outperforms OpenAI's GPT-4.1 AI model on several agentic-coding benchmarks. In June, when Altman announced the initial delays around OpenAI's open model, he noted that the company had achieved something 'unexpected and quite amazing,' but didn't elaborate on what that was. 'Capability wise, we think the model is phenomenal — but our bar for an open source model is high and we think we need some more time to make sure we're releasing a model we're proud of along every axis,' said Aidan Clark, OpenAI's VP of research, in a post on X Friday. TechCrunch previously reported that OpenAI leaders have discussed enabling the open AI model to connect to the company's cloud-hosted AI models for complex queries. However, it's unclear if these features will make it into the final open model.
TechCrunch
17 hours ago
- Business
- TechCrunch
OpenAI delays the release of its open model, again
OpenAI CEO Sam Altman said Friday the company is delaying the release of its open model, which was already pushed back a month earlier in this summer. OpenAI had planned to release the model next week, however Altman said the company is pushing it back indefinitely for further safety testing. 'We need time to run additional safety tests and review high-risk areas. we are not yet sure how long it will take us,' said Altman in a post on X. 'While we trust the community will build great things with this model, once weights are out, they can't be pulled back. This is new for us and we want to get it right.' OpenAI's open model release is one of the most highly anticipated AI events of the summer, alongside the ChatGPT-maker's expected release of GPT-5. Through these launches, OpenAI will attempt to maintain its spot as Silicon Valley's leading AI lab — an increasingly difficult tasks as xAI, Google DeepMind, and Anthropic invest billions of dollars in their own efforts. The delay means developers will have to wait a little longer to try the first open model OpenAI has released in years. TechCrunch previously reported that OpenAI's open model is expected to have similar reasoning capabilities to the company's o-series of models, and that OpenAI planned for it to be best-in-class compared to other open models. The ecosystem of open AI models became a little more competitive this week. Earlier on Friday, Chinese AI startup Moonshot AI launched Kimi K2, a one trillion parameter open AI model that outperforms OpenAI's GPT-4.1 AI model on several agentic-coding benchmarks. In June, when Altman announced the initial delays around OpenAI's open model, he noted that the company had achieved something 'unexpected and quite amazing,' but didn't elaborate on what that was. 'Capability wise, we think the model is phenomenal — but our bar for an open source model is high and we think we need some more time to make sure we're releasing a model we're proud of along every axis,' said Aidan Clark, OpenAI's VP of research, in a post on X Friday. Techcrunch event Save up to $475 on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $450 on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW TechCrunch previously reported that OpenAI leaders have discussed enabling the open AI model to connect to the company's cloud-hosted AI models for complex queries. However, it's unclear if these features will make it into the final open model.
Yahoo
09-06-2025
- Business
- Yahoo
June 2025's Spotlight On Promising Penny Stocks
As the U.S. stock market experiences a rally fueled by optimism over U.S.-China trade talks and robust corporate earnings, investors are increasingly exploring diverse investment opportunities. Penny stocks, a term that may seem outdated yet remains relevant, represent shares of smaller or newer companies that can offer significant growth potential when backed by strong financial health. In this article, we will explore several penny stocks that demonstrate balance sheet strength and long-term potential, providing investors with opportunities to uncover hidden value in the market. Name Share Price Market Cap Financial Health Rating Imperial Petroleum (IMPP) $3.02 $103.93M ★★★★★★ New Horizon Aircraft (HOVR) $0.935 $29.35M ★★★★★★ Waterdrop (WDH) $1.475 $533.45M ★★★★★★ Greenland Technologies Holding (GTEC) $2.06 $35.83M ★★★★★★ WM Technology (MAPS) $1.11 $186.68M ★★★★★★ Perfect (PERF) $1.815 $184.86M ★★★★★★ Table Trac (TBTC) $4.86 $22.55M ★★★★★★ Flexible Solutions International (FSI) $4.32 $54.64M ★★★★★★ BAB (BABB) $0.8311 $6.04M ★★★★★★ Lifetime Brands (LCUT) $3.43 $76.88M ★★★★★☆ Click here to see the full list of 709 stocks from our US Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Aldeyra Therapeutics, Inc. is a biotechnology company focused on discovering and developing therapies for immune-mediated and metabolic diseases, with a market cap of approximately $159.32 million. Operations: Aldeyra Therapeutics, Inc. does not report any revenue segments. Market Cap: $159.32M Aldeyra Therapeutics, with a market cap of US$159.32 million, is a pre-revenue biotechnology firm navigating the challenging landscape of clinical trials and regulatory approvals. Despite recent setbacks from the FDA regarding its dry eye treatment candidate reproxalap, the company achieved significant milestones in Phase 3 trials that may address previous concerns. Financially, Aldeyra maintains strong short-term liquidity with US$92.7 million in assets against liabilities and has more cash than debt, providing a runway exceeding one year. However, high volatility and ongoing losses highlight inherent risks typical for companies at this developmental stage in the biotech sector. Unlock comprehensive insights into our analysis of Aldeyra Therapeutics stock in this financial health report. Explore Aldeyra Therapeutics' analyst forecasts in our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Maravai LifeSciences Holdings, Inc. is a life sciences company that offers products supporting the development of drug therapies, vaccines, cell and gene therapies, and diagnostics across various global regions with a market cap of $608.64 million. Operations: The company generates revenue primarily from Nucleic Acid Production, which accounts for $179.08 million, and Biologics Safety Testing, contributing $62.78 million. Market Cap: $608.64M Maravai LifeSciences Holdings, with a market cap of US$608.64 million, faces challenges typical for penny stocks, including recent declines in sales and increased net losses. The company reported first-quarter sales of US$46.85 million, down from US$64.18 million a year prior, and a net loss of US$29.95 million compared to the previous year's US$12.08 million loss. Despite its unprofitability, Maravai has strong short-term liquidity with assets surpassing both short- and long-term liabilities and has reduced its debt-to-equity ratio over five years from 262.7% to 55.6%, indicating improved financial management amidst volatility concerns. Navigate through the intricacies of Maravai LifeSciences Holdings with our comprehensive balance sheet health report here. Assess Maravai LifeSciences Holdings' future earnings estimates with our detailed growth reports. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Ranpak Holdings Corp. offers product protection and end-of-line automation solutions for e-commerce and industrial supply chains across North America, Europe, and Asia, with a market cap of approximately $306.61 million. Operations: The company generates $374.8 million in revenue from its product protection and automation solutions for e-commerce and industrial supply chains. Market Cap: $306.61M Ranpak Holdings, with a market cap of US$306.61 million, exemplifies the volatility and potential of penny stocks. Despite being unprofitable with increasing losses over five years and a negative return on equity, Ranpak maintains a seasoned management team and board. The company reported first-quarter revenue growth to US$91.2 million but also faced a net loss of US$10.9 million. Recent strategic partnerships, like the one with Thalia for automated packaging systems, highlight its commitment to innovation in e-commerce fulfillment solutions while managing high debt levels and maintaining sufficient cash runway for over three years. Click to explore a detailed breakdown of our findings in Ranpak Holdings' financial health report. Understand Ranpak Holdings' earnings outlook by examining our growth report. Explore the 709 names from our US Penny Stocks screener here. Ready To Venture Into Other Investment Styles? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ALDX MRVI and PACK. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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