OpenAI in talks to raise £32bn in new funding round – reports
1 month, 3 weeks ago

OpenAI in talks to raise £32bn in new funding round – reports

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI is in early talks to raise up to 40 billion dollars in a new funding round, valuing the company at more than 300 billion dollars, it has been reported. News of the potential funding comes in the wake of the sudden emergence of Chinese start-up DeepSeek, which has launched an AI model that appears capable of competing with major US rivals such as OpenAI’s ChatGPT but for a fraction of the cost, challenging previous expectations of what it can cost to develop and launch industry leading AI products. Despite this, the proposed new funding round for the ChatGPT maker would be a substantial rise in OpenAI’s valuation, which was around 150 billion dollars following a 6.6 billion dollar funding round in October. According to reports, some of the money invested by SoftBank may be used to help pay for OpenAI’s commitment to Stargate – a US government-backed joint venture between OpenAI, SoftBank and Oracle to invest up to 500 billion dollars in AI projects and infrastructure to help keep the US ahead of China in the global AI race.

Funding Round Billion Ai Openai Funding Round Softbank New Funding Round  reports  sign  talks  raise  chatgpt  funding  tools  dollars  ai  breaking  openai  billion  round  32bn  softbank

History of this topic

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI
4 days, 16 hours ago

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI

Wired  

But more piles of fascinating research are only useful to Google if they generate that most important of outputs: profit. That’s a classic strategy for Google, of course, one that long ago spread to the rest of Silicon Valley: Give us your data, your time, and your attention, check the box on our terms of service that releases us from …

CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO
2 weeks ago

CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO

The Hindu  

CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch. "CoreWeave is an important addition to OpenAI's infrastructure portfolio, complementing our commercial deals with Microsoft and Oracle, and our joint venture with SoftBank on Stargate," said Sam Altman, CEO of OpenAI. CoreWeave, whose customers …

OpenAI reportedly developing AI agents for research, finance and coding: Check pricing details
2 weeks, 4 days ago

OpenAI reportedly developing AI agents for research, finance and coding: Check pricing details

Live Mint  

San-Fransico-based OpenAI is reportedly geared toward introducing several artificial agents soon. A recent report from The Information hinted that OpenAI is working to launch three different AI chatbots. According to the report, one of these AI agents could be a knowledgeable income worker. Reportedly, the second AI agent, supposed to be under development, will likely be a software developer, which …

OpenAI-Microsoft partnership deal: UK watchdog drops competition review
2 weeks, 5 days ago

OpenAI-Microsoft partnership deal: UK watchdog drops competition review

The Hindu  

Britain's competition watchdog said Wednesday it has dropped its review of Microsoft's partnership with OpenAI, saying it's satisfied that the deal doesn't need a closer investigation under the country's merger rules. The Competition and Markets Authority said that based on “available evidence," the partnership between the US tech giant and the ChatGPT maker doesn't qualify for a merger investigation. “In …

AI firm Anthropic valued at $61.5 billion in funding round
3 weeks ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

SoftBank in talks to borrow $16 billion to fund AI: Report
3 weeks, 1 day ago

SoftBank in talks to borrow $16 billion to fund AI: Report

The Hindu  

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter. Reuters reported in January that SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, as the Japanese conglomerate continues to …

Anthropic close to $3.5 billion fundraise, sources say
1 month ago

Anthropic close to $3.5 billion fundraise, sources say

The Hindu  

AI startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday. The startup behind the Claude chatbot could receive backing from venture firms Lightspeed Venture Partners, General Catalyst and Bessemer Venture Partners, the sources said. The funding round would be larger than the …

OpenAI's weekly active users surpass 400 million
1 month ago

OpenAI's weekly active users surpass 400 million

Deccan Chronicle  

ChatGPT developer OpenAI's weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools. The Microsoft-backed startup had 300 million weekly active users in December. The upbeat numbers come weeks after China's DeepSeek launched an AI model it said could match or even outperform Western …

OpenAI's weekly active users surpass 400 million
1 month ago

OpenAI's weekly active users surpass 400 million

The Hindu  

ChatGPT developer OpenAI's weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools. The Microsoft-backed startup had 300 million weekly active users in December. The upbeat numbers come weeks after China's DeepSeek launched an AI model it said could match or even outperform Western …

Elon Musk’s xAI unveils Grok 3 model to take on ChatGPT and Google Gemini
1 month, 1 week ago

Elon Musk’s xAI unveils Grok 3 model to take on ChatGPT and Google Gemini

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s xAI has unveiled …

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more
1 month, 1 week ago

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more

India TV News  

Elon Musk unveils Grok-3 to outperforms Google, OpenAI and more With Grok-3’s powerful advancements, AI competition is heating up, and Musk’s xAI is positioning itself as a major player in the industry. During a live-streamed demo event, Musk stated, “We’re very excited to present Grok-3, which is, we think, an order of magnitude more capable than Grok-2 in a very …

OpenAI board ‘unanimously’ rejects Elon Musk’s $97.4 billion bid for company
1 month, 1 week ago

OpenAI board ‘unanimously’ rejects Elon Musk’s $97.4 billion bid for company

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The board of OpenAI unanimously rejected Elon Musk's $97.4 billion takeover bid, declaring …

AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance
1 month, 1 week ago

AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance

CNN  

Hong Kong CNN — Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models. Baidu was one of the leading contenders in China’s AI scene, releasing its answer to ChatGPT within four months and was ahead of other established tech heavy weights …

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms
1 month, 1 week ago

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms

The Hindu  

Former Google CEO Eric Schmidt called for the development of open-source AI models, as U.S.-based AI firms reassess their model development plans following the entry of China’s DeepSeek R1, which was developed at a fraction of its rivals’ costs. Schmidt warned that unless action was taken, China would ultimately become an “open-source leader” while the rest of the world would …

OpenAI plans to simplify AI products in new road map for latest models, CEO Altman says
1 month, 1 week ago

OpenAI plans to simplify AI products in new road map for latest models, CEO Altman says

The Hindu  

OpenAI will not release "o3" as a standalone artificial intelligence model, as the ChatGPT maker looks to simplify its products, CEO Sam Altman said on Wednesday. Its announcement comes at a time when companies in the U.S. are facing greater investor scrutiny over their massive spending on the technology, after Chinese startup DeepSeek unveiled a low-cost AI model last month. …

Elon Musk launches $94.7bn bid to buy OpenAI back from rival Sam Altman
1 month, 2 weeks ago

Elon Musk launches $94.7bn bid to buy OpenAI back from rival Sam Altman

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk and a …

OpenAI co-founder Sutskever's SSI in talks to be valued at $20 billion: Report
1 month, 2 weeks ago

OpenAI co-founder Sutskever's SSI in talks to be valued at $20 billion: Report

The Hindu  

Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year, is in talks to raise funding at a valuation of at least $20 billion, four sources told Reuters. That would quadruple the company's $5 billion valuation from its last funding round in September, when it raised $1 billion from five investors including Sequoia Capital, …

Exclusive-OpenAI co-founder Sutskever’s SSI in talks to be valued at $20 billion, sources say
1 month, 2 weeks ago

Exclusive-OpenAI co-founder Sutskever’s SSI in talks to be valued at $20 billion, sources say

Live Mint  

By Kenrick Cai, Krystal Hu and Anna Tong - Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year, is in talks to raise funding at a valuation of at least $20 billion, four sources told Reuters. That would quadruple the company's $5 billion valuation from its last funding round in September, when it …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centres
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centres

The Hindu  

OpenAI is scouring the U.S. for sites to build a network of huge data centres to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. After Trump's announcement, a number of states reached out to OpenAI about welcoming additional data centres, Chris Lehane, …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
Trending News
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers

Associated Press  

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. After Trump’s announcement, a number of states reached out to OpenAI about welcoming additional data centers, Chris Lehane, …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI is scouring the …

OpenAI discussing localization of ChatGPT India data
1 month, 2 weeks ago

OpenAI discussing localization of ChatGPT India data

Live Mint  

Generative AI pioneer OpenAI has begun discussions to house data of its Indian users within the country, three executives who attended Wednesday's New Delhi meeting with the company's chief executive said. In conversation with union IT minister Ashwini Vaishnaw, Altman said that India was “OpenAI’s second largest market globally"—underlining the importance of the market’s size in the company’s data operations. …

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year
Trending News
1 month, 2 weeks ago

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year

Live Mint  

New Delhi, Feb 5 Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on …

SoftBank, OpenAI to offer AI services in Japan
1 month, 3 weeks ago

SoftBank, OpenAI to offer AI services in Japan

Live Mint  

SoftBank Group and ChatGPT maker OpenAI plan to team up to offer artificial-intelligence services, initially targeting Japanese businesses to lay the groundwork for potential expansion worldwide. SoftBank Group Chief Executive Masayoshi Son said Monday that the company will assign 1,000 employees this year to the joint venture, SB OpenAI Japan, to kick-start its sales and engineering work. As the first …

OpenAI announces new 'deep research' tool for ChatGPT
1 month, 3 weeks ago

OpenAI announces new 'deep research' tool for ChatGPT

Raw Story  

by Hiroshi Hiyama and Katie Forster U.S. tech giant OpenAI on Monday unveiled a ChatGPT tool called "deep research" that can produce detailed reports, as China's DeepSeek chatbot heats up competition in the artificial intelligence field. The company made the announcement in Tokyo, where OpenAI chief Sam Altman also trumpeted a new joint venture with tech investor SoftBank Group to …

ChatGPT's new tool can do work at level of a ‘research analyst’
1 month, 3 weeks ago

ChatGPT's new tool can do work at level of a ‘research analyst’

Hindustan Times  

OpenAI has revealed a new ChatGPT tool called "deep research," which promises “find, analyze and synthesize hundreds of online sources to create a comprehensive report in tens of minutes vs what would take a human many hours” with just a prompt. The artificial intelligence giant claims the new tool “accomplishes in tens of minutes what would take a human many …

SoftBank and OpenAI set up joint company to push artificial intelligence services
1 month, 3 weeks ago

SoftBank and OpenAI set up joint company to push artificial intelligence services

Associated Press  

TOKYO — Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared at an event in Tokyo, talking up their collaboration and inviting Japanese companies to join. Son, holding a shiny blue crystal ball as a symbolic …

OpenAI announces new 'deep research' tool for ChatGPT
1 month, 3 weeks ago

OpenAI announces new 'deep research' tool for ChatGPT

The Hindu  

US tech giant OpenAI on Monday unveiled a ChatGPT tool called "deep research" ahead of high-level meetings in Tokyo, as China's DeepSeek chatbot heats up competition in the AI field. OpenAI, whose ChatGPT fronted generative AI's emergence into public consciousness in 2022, said its new tool "accomplishes in tens of minutes what would take a human many hours". OpenAI chief …

Weekly Tech Recap: DeepSeek shakes up AI world, OpenAI rolls out o3-Mini, WhatsApp thwarts Paragon attack and more
1 month, 3 weeks ago

Weekly Tech Recap: DeepSeek shakes up AI world, OpenAI rolls out o3-Mini, WhatsApp thwarts Paragon attack and more

Live Mint  

With so much news coming out this week, it can be hard to keep track of some of the biggest developments. In this week's Tech Recap: Apple announces plans to bring Apple Intelligence to India in April, DeepSeek shakes up the AI world, WhatsApp thwarts spyware attack and more. Top tech news of the week: 1) DeepSeek takes the world …

SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
1 month, 3 weeks ago

SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report

Live Mint  

Masayoshi Son-led SoftBank Group is in talks to lead a funding round of up to $40 billion in ChatGPT maker OpenAI at a valuation of $300 billion, according to a Reuters report. News of the funding comes as a new Chinese AI startup, DeepSeek, has overtaken ChatGPT as the top free app on US app stores, shattering notions of American …

Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
1 month, 3 weeks ago

Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off

Associated Press  

Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology. But while its overall profits and revenue beat Wall Street expectations, it slightly missed projections for its closely-watched cloud computing business, a centerpiece of its AI efforts. Sales …

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon
1 month, 3 weeks ago

The DeepSeek Effect? Sam Altman vows OpenAI to fast track development of ‘better models,’ launch them soon

Firstpost  

Sam Altman acknowledged DeepSeek’s impressive performance, stating on X that the competition is “invigorating.” However, he emphasized that OpenAI is focused on delivering “much better models” and that computing power will be even more critical moving forward In response to the growing competition from Chinese AI startup DeepSeek, OpenAI CEO Sam Altman has pledged to fast-track product releases and deliver …

OpenAI launches ChatGPT Gov for US govt agencies amid threat from Chinese AI companies
1 month, 3 weeks ago

OpenAI launches ChatGPT Gov for US govt agencies amid threat from Chinese AI companies

Firstpost  

At a time when competition in the AI landscape is intensifying, particularly with the rise of DeepSeek—a low-cost Chinese AI startup—OpenAI’s move to launch ChatGPT Gov is seen as a strategic response By introducing ChatGPT Gov, OpenAI seeks to maintain its leadership position while providing government agencies with the tools they need to work securely and efficiently. Image Credit: Reuters …

OpenAI tailors version of ChatGPT for US government
1 month, 3 weeks ago

OpenAI tailors version of ChatGPT for US government

The Hindu  

OpenAI on Tuesday launched a bespoke version of its ChatGPT artificial intelligence tool for use by the United States government. Big money government contracts are often tech firm targets, and OpenAI already boasts some 90,000 users of ChatGPT across federal, state and local governments in the United States. The new ChatGPT Gov version of OpenAI's popular chatbot provides a tailored …

OpenAI launches ChatGPT Gov for U.S. government agencies amid DeepSeek’s rising popularity
1 month, 3 weeks ago

OpenAI launches ChatGPT Gov for U.S. government agencies amid DeepSeek’s rising popularity

Live Mint  

Microsoft-backed artificial intelligence OpenAI has introducedChatGPT Gov, a specialised version of its widely recognised AI model tailored for use by U.S. government agencies. OpenAI CEO responds to rising competition The launch coincides with a statement from OpenAI CEO Sam Altman, who indicated that the company would accelerate certain product releases. Challenges and opportunities in a competitive market DeepSeek’s meteoric rise …

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
1 month, 3 weeks ago

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The reveal of a new …

How DeepSeek’s AI disruption sent $593 billion shockwave to Nvidia, rattled global stock markets
Trending News
1 month, 3 weeks ago

How DeepSeek’s AI disruption sent $593 billion shockwave to Nvidia, rattled global stock markets

Live Mint  

DeepSeek AI, a low-cost Chinese artificial intelligence start-up from Hangzhou, has rattled United States tech stocks and the global stock markets, tanking the value of chip maker Nvidia by as much as $593 billion overnight—a record 17 per cent one-day loss for the Silicon Valley golden child. We take a look at how DeepSeek's AI disruption sent a $593 billion …

China’s DeepSeek wipes off over $1 trillion in US stocks, sends Microsoft, NVIDIA & Google crashing
1 month, 3 weeks ago

China’s DeepSeek wipes off over $1 trillion in US stocks, sends Microsoft, NVIDIA & Google crashing

Firstpost  

In the aftermath of DeepSeek’s meteoric rise, Apple surpassed NVIDIA to become the most valuable company in the US, and other tech giants like Google and Microsoft also saw significant losses Despite the restrictions, DeepSeek was able to build an impressive AI model using resources that were less expensive and less powerful than what competitors typically rely on. In the …

‘No Nvidia supercomputers needed: DeepSeek claims #1 spot on AppStore beating ChatGPT,’ applauds Salesforce CEO
1 month, 3 weeks ago

‘No Nvidia supercomputers needed: DeepSeek claims #1 spot on AppStore beating ChatGPT,’ applauds Salesforce CEO

Live Mint  

In a remarkable turn of events, DeepSeek, a Chinese startup founded just over a year ago, has risen to the number one spot on the App Store, outpacing OpenAI's ChatGPT, expressed Salesforce CEO Marc Benioff taking to X to share his thoughts. “DeepSeek is now #1 on the AppStore, surpassing ChatGPT—no NVIDIA supercomputers or $100M needed,” he wrote, emphasising the …

China's cheap ChatGPT lookalike AI start-up haunts City by the Bay
1 month, 3 weeks ago

China's cheap ChatGPT lookalike AI start-up haunts City by the Bay

Hindustan Times  

Big tech companies are reeling after Chinese start-up DeepSeek unleashed a market meltdown with the launch of its groundbreaking AI technology. The AI breakthrough erupted first on Monday as DeepSeek's free AI joined the US Apple Store, becoming the top free app despite OpenAI’s ChatGPT already being available. DeepSeek's latest AI model shakes Silicon Valley Marc Andreessen, a Silicon Valley …

What is Deepseek? Chinese AI startup that has taken over ChatGPT on App Store
1 month, 3 weeks ago

What is Deepseek? Chinese AI startup that has taken over ChatGPT on App Store

Live Mint  

Chinese AI startup DeepSeek has challenged the dominance of top AI companies with its latest large language models, which offer similar performance to the latest offerings from Meta or OpenAI, but at a fraction of the cost. DeepSeek's R1 language model, which mimics aspects of human reasoning, also matched and outperformed OpenAI's latest O1 model in various benchmarks. DeepSeek's LLM's …

Stargate: Building super intelligence
2 months ago

Stargate: Building super intelligence

The Hindu  

In 1941, faced with imminent threats from hostile Axis powers, U.S. President Franklin D. Roosevelt initiated a secret assignment known as the Manhattan Project. Announcing ‘Project Stargate’, a multi-billion-dollar initiative aimed at establishing a vast network of AI-optimised data centres and developing increasingly sophisticated generative AI models, Mr. Trump called it “the largest AI infrastructure project in history.” Through this …

Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Trending News
2 months ago

Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money

Live Mint  

Stargate: US President Donald Trump joined the world's leading tech stalwarts to tout a multibillion-dollar artificial intelligence project led partly by OpenAI. However, Microsoft was mentioned only as a technology partner in the joint venture called ‘Stargate’, which was launched by OpenAI, SoftBank Group Corp., and Oracle Corp. This came despite Microsoft investing almost $14 billion in OpenAI and using …

OpenAI’s Stargate deal heralds shift away from Microsoft
Trending News
2 months ago

OpenAI’s Stargate deal heralds shift away from Microsoft

Live Mint  

Microsoft’s absence from OpenAI’s Stargate announcement follows months of tension between the companies and signals a new era in which the longtime partners will be less reliant on each other. Last year, OpenAI and Microsoft discussed building their own supercomputer for training OpenAI models but it didn’t happen, people familiar with the matter said. It will also continue to build …

‘Hope, you’ll mostly put America first’: Musk, Altman spar over Trump’s Stargate project
2 months ago

‘Hope, you’ll mostly put America first’: Musk, Altman spar over Trump’s Stargate project

Firstpost  

Trump on Tuesday had talked up a joint venture investing up to $500 billion through a new partnership formed by OpenAI, the maker of ChatGPT, alongside Oracle and SoftBank Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires …

App spending on AI chatbots tripled in 2024 – report
2 months ago

App spending on AI chatbots tripled in 2024 – report

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The annual State of Mobile report from digital economy data firm Sensor Tower said consumer spending on …

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Trending News
2 months ago

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

The Hindu  

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States. Microsoft, in a blog post, said it has "approved OpenAI's ability to build additional capacity, primarily …

Stargate: OpenAI, SoftBank announce $500 billion US-based AI data centre network; to create thousands of jobs
Top News
2 months ago

Stargate: OpenAI, SoftBank announce $500 billion US-based AI data centre network; to create thousands of jobs

Hindustan Times  

OpenAI's Sam Altman, Softbank's Masayoshi Son, and Oracle's Larry Ellison joined US President Donald Trump to announce The Stargate Project at a White House press conference on Tuesday, January 21. The OpenAI logo is seen in this illustration taken May 20, 2024 The Stargate Project is a system of data centres which will become the crucial infrastructure to support artificial …

OpenAI, SoftBank and Oracle announce $500 billion AI infrastructure project in US; Sam Altman says it can cure cancer
2 months ago

OpenAI, SoftBank and Oracle announce $500 billion AI infrastructure project in US; Sam Altman says it can cure cancer

Live Mint  

SoftBank Group, OpenAI and Oracle have announced that they are forming a $500 billion joint venture to fund artificial intelligence infrastructure in the United States with a new joint venture called 'Stargate'. The announcement was made by OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison in the presence of President Trump, who called it the …

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