SoftBank dethroned Microsoft as OpenAI's largest investor, pushing the ChatGPT maker's market cap to $300 billion — but reportedly buried itself in debt
OpenAI closed its latest round of funding where it managed to raise $40 billion from investors, pushing its market cap to ...
OpenAI Secures $40B in Historic Funding Round — But There’s a $10B Catch
OpenAI raises a record-breaking $40B at a $300B valuation, led by SoftBank, to fuel AGI research, expand infrastructure, and ...
Microsoft AI chief Suleyman sees advantage in building models ‘3 or 6 months behind'
Training the top models in the world is very expensive and can duplicate previous work, said Mustafa Suleyman, CEO of ...
Windows Central2d
Despite Microsoft's multi-billion-dollar OpenAI investment, these viral ChatGPT 4o Ghibli memes are another example of just how far behind Copilot is
Microsoft has seemingly held up its end of the deal until recently, when OpenAI unveiled its $500 billion Stargate project designed to facilitate the construction of data centers across the United ...
Network World10d
Microsoft abandons data center projects as OpenAI considers its own, hinting at a market shift
Based on the easing of exclusivity by the two companies, analysts say these moves aren’t surprising, but they do have broader ...
Time4d
Inside Amazon’s Race to Build the AI Industry’s Biggest Datacenters
“Stargate is easy to announce,” says ... It’s a similar dynamic to Microsoft’s relationship with OpenAI and Google’s relationship with its DeepMind subsidiary. “Having a frontier ...
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
The provision ramps up the pressure on OpenAI to convert into a for-profit entity, a plan that will need the blessing of ...
Computer Weekly6d
Microsoft restates commitment to OpenAI amid analyst note about datacentre expansion rollbacks
Microsoft pushes back on analyst claims its changing relationship with OpenAI is forcing it to scale back its datacentre ...
OpenAI Valued at $300 Billion After Record-Setting Funding Round
OpenAI on Monday announced it has raised $40 billion in what is easily the largest funding round for a private tech company ...
OpenAI raises $40B at $300B post-money valuation
OpenAI recently announced that it closed one of the largest private funding rounds in history, led by SoftBank.
OpenAI closes $40 billion in funding; now worth more than McDonald's, Chevron
OpenAI on Monday revealed it is getting up to $40 billion in new funding. The new funds arose out of a fundraising round for ...