OpenAI Nears $40 Billion SoftBank Funding Deal
This massive potential investment in OpenAI represents a significant milestone in the AI industry’s financial landscape. If ...
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
OpenAI must finish its transition to a for-profit company by the end of the year to acquire the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar with ...
OpenAI’s Latest Funding Round Comes With a $20 Billion Catch
A stipulation of the funding round, led by SoftBank, is adding pressure to OpenAI’s efforts to convert to a for-profit ...
OpenAI, Google AI data centers are under stress after new genAI model launches
New generative AI (genAI) models introduced this week by Google and OpenAI have put the companies’ data centers under stress ...
OpenAI must complete for-profit transition by year-end to raise full $40 billion
OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank ...
Analyst claims Softbank bought Ampere Computing for $6.5 billion to help OpenAI's chip ambitions
Arm ’s Japanese owner, SoftBank, is set to acquire Ampere - Arm's only independent server chip vendor - for $6.5 billion ...
SoftBank Looks At Investing $1 Trillion For US AI Push With Robot-Run Industrial Parks
SoftBank plans to invest over $1 trillion in AI industrial parks in the US, with CEO Masayoshi Son discussing the idea with ...
OpenAI just named a day-to-day leader — and he's a familiar face
OpenAI is expanding chief operating officer Brad Lightcap's role to oversee the company's day-to-day operations.