September 5, 2025

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AI News: OpenAI Acquires, ChatGPT Expands, Market Hits $21.10B

Artificial intelligence is rapidly expanding its influence across diverse sectors, from facilitating homeownership to enhancing consumer products and driving significant market growth. In the mortgage industry, the nonprofit Hispanic Organization of Mortgage Experts (HOME) launched "Wholesale Search," an AI platform built on ChatGPT. This tool helps loan officers quickly navigate over 150 lender options, addressing challenges like language barriers and non-traditional loan needs for Hispanic families. For instance, loan officer Danny Velazquez successfully used it to help Heriberto Blanco-Joya purchase his first home in Las Vegas in just six weeks. Other companies, such as Better Home & Finance, are also developing AI tools like Tinman and a voice assistant named Betsy to further support underserved communities in the home-buying process.Beyond financial services, AI is making strides in consumer electronics, with Sir James Dyson unveiling 11 new products, including the Dyson Spot and Scrub AI robot vacuum. This innovative vacuum uses AI to detect stains and clean both wet and dry floors while intelligently avoiding obstacles. Dyson also showcased the PencilVac, touted as the world's slimmest vacuum cleaner at 38mm in diameter, set for a UK launch next year.AI's analytical power is also being harnessed in specialized fields, as seen with Horse Racing Nation's AI model. This model predicts top yearlings at the 2025 Keeneland September sale, forecasting an Into Mischief colt, Hip 760, to be the highest-priced at over $1.4 million based on 26 years of historical data.On the research front, the National Science Foundation (NSF) is seeking proposals for a new National Artificial Intelligence Research Resource Operations Center (NAIRR-OC). This center will manage a national system for AI research and education, evolving the current NAIRR Pilot program, which already connects over 400 US research teams with AI resources.Businesses are also integrating AI into their workflows, with companies like Workato Inc. introducing "AI coworkers" or Workato Genies to streamline tasks in IT, HR, and onboarding, aiming to boost employee efficiency and creativity.Financially, the generative AI market is experiencing substantial growth, projected to increase from $21.10 billion in 2025 to $97.80 billion by 2030, largely fueled by small and medium-sized businesses focusing on niche AI applications. Reflecting this trend, openai recently acquired Statsig, a product development platform, for $1.1 billion. This acquisition aims to accelerate the launch of openai's generative AI products and enhance existing offerings like chatgpt and Codex, with Statsig's CEO, Vijaye Raji, now serving as openai's CTO of Applications. Additionally, DemandTec, a leader in AI-powered retail pricing, has become an independent entity following a growth investment from Longshore Capital Partners, allowing it to further invest in its technology and market expansion.

Key Takeaways

  • The nonprofit Hispanic Organization of Mortgage Experts (HOME) launched "Wholesale Search," an AI platform built on ChatGPT, to help loan officers find suitable lenders for Hispanic homebuyers.
  • Loan officer Danny Velazquez used HOME's AI tool to help Heriberto Blanco-Joya buy his first home in Las Vegas in approximately six weeks.
  • Better Home & Finance is developing AI tools like Tinman and a voice assistant named Betsy to assist underserved communities in the mortgage process.
  • Dyson introduced the AI-powered Dyson Spot and Scrub AI robot vacuum, capable of detecting stains and cleaning both wet and dry floors.
  • Horse Racing Nation's AI model predicts an Into Mischief colt, Hip 760, will be the highest-priced yearling at the 2025 Keeneland September sale, exceeding $1.4 million.
  • The National Science Foundation (NSF) is establishing a National Artificial Intelligence Research Resource Operations Center (NAIRR-OC) to manage a national system for AI research and education.
  • Workato Inc. is deploying "AI coworkers" (Workato Genies) to enhance efficiency and creativity in business workflows across IT, HR, and onboarding.
  • The generative AI market is projected to grow significantly from $21.10 billion in 2025 to $97.80 billion by 2030, driven by niche applications from small and medium-sized businesses.
  • OpenAI acquired Statsig, a product development platform, for $1.1 billion to accelerate the launch and improvement of its generative AI products, including ChatGPT and Codex.
  • DemandTec, an AI-powered retail pricing company, became independent after receiving a growth investment from Longshore Capital Partners.

AI Helps Hispanic Families Buy Homes Faster

Artificial intelligence is helping Hispanic families overcome obstacles to homeownership, such as language barriers and non-traditional loan needs. The nonprofit Hispanic Organization of Mortgage Experts, HOME, launched "Wholesale Search," an AI platform built on ChatGPT. This tool helps loan officers quickly find suitable lenders from over 150 options for specific situations. Loan officer Danny Velazquez used it to help Heriberto Blanco-Joya buy his first home in Las Vegas in just six weeks. Other companies, like Better Home & Finance, are also developing AI tools such as Tinman and Betsy to make the mortgage process easier for underserved communities.

AI Technology Opens Doors for Hispanic Homebuyers

Artificial intelligence is helping Hispanic individuals overcome obstacles to homeownership, including language barriers and complex loan requirements. The Hispanic Organization of Mortgage Experts, HOME, recently launched its AI platform, Wholesale Search, which uses ChatGPT to help loan officers quickly find suitable lenders from over 150 options. This system supports buyers with non-traditional situations, such as those without a Social Security number or with limited credit history. Loan officer Danny Velazquez used the platform to help Heriberto Blanco-Joya buy his first home in Las Vegas in about six weeks. Other companies like Better Home & Finance are also developing AI tools to make the mortgage process more accessible and supportive.

AI Tools Simplify Home Buying for Hispanic Community

Artificial intelligence is breaking down barriers for Hispanic homeownership by addressing challenges like language differences and non-traditional mortgage applications. The nonprofit Hispanic Organization of Mortgage Experts, HOME, introduced "Wholesale Search," an AI platform built on ChatGPT, which allows loan officers to quickly find requirements from over 150 lenders. This system helps buyers with unique situations, such as those without a Social Security number or with limited credit. Loan officer Danny Velazquez successfully used the tool to help Heriberto Blanco-Joya purchase his first home in Las Vegas in about six weeks. Better Home & Finance Holding Company is also developing AI platforms like Tinman and a voice assistant named Betsy to further assist underserved populations.

New AI Helps More Hispanic People Buy Homes

Artificial intelligence is making it easier for Hispanic individuals to achieve homeownership by tackling common hurdles like language barriers and non-traditional loan applications. The Hispanic Organization of Mortgage Experts, HOME, launched "Wholesale Search," an AI platform powered by ChatGPT, enabling loan officers to quickly access lender requirements. This tool supports complex cases, such as borrowers without a Social Security number or with little credit history. For example, loan officer Danny Velazquez used it to help Heriberto Blanco-Joya buy his first home in Las Vegas in just six weeks. Additionally, Better Home & Finance Holding Company is developing its own AI tools, including Tinman and the voice assistant Betsy, to further assist diverse homebuyers.

AI Innovation Boosts Hispanic Homeownership Access

Artificial intelligence is helping Hispanic homebuyers overcome significant challenges, such as language barriers and unique financial situations, in the mortgage process. The Hispanic Organization of Mortgage Experts, HOME, introduced "Wholesale Search," an AI platform built on ChatGPT, which allows mortgage professionals to quickly find lender requirements for over 150 lenders. This system is designed to assist borrowers without Social Security numbers, with limited credit, or on visas. Loan officer Danny Velazquez used this tool to help Heriberto Blanco-Joya buy his first home in Las Vegas in about six weeks. Other companies, like Better Home & Finance, are also using AI platforms such as Tinman and a voice assistant named Betsy to support underserved communities.

AI Transforms Home Buying for Hispanic Families

Artificial intelligence is removing obstacles for Hispanic individuals seeking homeownership, addressing issues like language differences and non-traditional mortgage applications. The nonprofit Hispanic Organization of Mortgage Experts, HOME, launched "Wholesale Search," an AI platform powered by ChatGPT, allowing loan officers to quickly search requirements from over 150 lenders. This tool is especially helpful for complex cases, such as borrowers without a Social Security number or with limited credit history. Loan officer Danny Velazquez successfully used the platform to help Heriberto Blanco-Joya purchase his first home in Las Vegas in about six weeks. Additionally, Better Home & Finance Holding Company is developing AI tools like Tinman and the voice assistant Betsy to further assist diverse homebuyers.

Dyson Unveils New AI Robot Vacuum and Slimmest Cleaner

Sir James Dyson introduced 11 new products, including an AI-powered robot vacuum called the Dyson Spot and Scrub AI. This new vacuum can detect stains and clean both wet and dry floors while avoiding obstacles. Dyson also showcased the PencilVac, which is the world's slimmest vacuum cleaner at 38mm in diameter, set to launch in the UK next year. Other new items include a hygiene cleaner, a V16 piston animal vacuum, and a compact purifier. These products aim to help households with advanced technology.

Sir James Dyson Reveals New AI Vacuum and More

Sir James Dyson's company launched 11 new products, featuring an AI-backed robot vacuum called the Dyson Spot and Scrub AI. This vacuum is designed to clean both wet and dry floors and uses AI to detect stains and avoid obstacles. The company also revealed the PencilVac, touted as the world's slimmest vacuum cleaner with a 38mm diameter, which will be available in the UK early next year. Other new items include a hygiene cleaner, a V16 piston animal vacuum, and a compact purifier. These innovations were unveiled at an event in Berlin.

AI Predicts Top Horses for Keeneland Yearling Sale

Horse Racing Nation developed an AI model to predict top yearlings at the 2025 Keeneland September sale, specifically for Book 2. This model uses 26 years of data from over 117,000 sales graduates and 500,000 non-sale horses to forecast auction prices and future racing success. For Book 2, the AI predicts an Into Mischief colt, Hip 760, will be the highest-priced at over $1.4 million. It also identified 10 yearlings with a perfect 100 performance rating, indicating a strong chance of racing success. These predictions help buyers identify promising horses based on pedigree and market trends.

NSF Plans New Center to Boost AI Research

The National Science Foundation is asking for proposals to create a new National Artificial Intelligence Research Resource Operations Center, or NAIRR-OC. This center will manage a national system for AI research and education, moving the current NAIRR Pilot program into a long-term plan. Its goals include setting up management, launching a web portal for AI tools, and connecting computing and data resources. Proposals for this important initiative are due by February 4, 2026. The NAIRR Pilot, started in 2024, already connects over 400 US research teams with AI resources to speed up discoveries.

AI Coworkers Transform Business Workflows

Businesses are now using AI, including "AI coworkers," to better organize their work and connect teams. Workato Inc. is leading this change with its Workato Genies, which are AI agents designed for tasks in IT, HR, and onboarding. These AI tools are meant to help employees become more efficient and creative, not replace them. Workato emphasizes a unified platform and strong AI governance, using a framework called G.A.A.R.S. Companies like Gonzaga University are already using Workato's platform to improve their operations and achieve business goals.

OpenAI Buys Statsig for 1.1 Billion Dollars

OpenAI acquired Statsig, a product development platform, for $1.1 billion to speed up its generative AI product launches. This purchase will help OpenAI quickly improve existing products like ChatGPT and Codex. Statsig's tools allow for real-time testing and feature flagging, which will help OpenAI refine its features faster. Vijaye Raji, Statsig's CEO, will now be OpenAI's CTO of Applications, leading engineering for ChatGPT and Codex. Statsig employees will continue to work from Seattle and serve their current customers.

Niche AI Companies Drive Generative AI Market Growth

The generative AI market is expected to grow significantly, from $21.10 billion in 2025 to $97.80 billion by 2030. This growth is driven by many small and medium-sized businesses, or SMEs, focusing on specific AI uses. These companies are creating solutions for various fields, from AI fashion models like Lalaland.ai to deepfake detection by IdentifAI. Investors are looking for AI-native companies with clear revenue, customer-focused applications, and strong service offerings. While there are risks like data privacy and AI bias, smart investments in these niche SMEs are shaping the future of AI technology.

DemandTec Becomes Independent with New Investment

DemandTec, a leader in AI-powered retail pricing and promotions, has become an independent company after receiving a growth investment from Longshore Capital Partners. This new setup will allow DemandTec to invest more in its technology, expand its market reach, and better serve its retail and consumer goods customers. CEO Jack Tirella will continue to lead the company, ensuring stable operations and ongoing customer support. Longshore Capital Partners is excited to help DemandTec grow its leadership in AI-powered merchandising.

Sources

AI Generative AI AI Models AI Agents AI Governance AI Bias Homeownership Mortgage Industry Hispanic Community Underserved Communities Retail Business Workflows AI Research Product Development Horse Racing Smart Home Technology Merchandising ChatGPT Wholesale Search Dyson Spot and Scrub AI Workato Genies Statsig DemandTec OpenAI Dyson Workato Inc. Hispanic Organization of Mortgage Experts Better Home & Finance National Science Foundation Accessibility Efficiency Market Growth Data Privacy Innovation