OpenAI is in early talks to raise up to $40 billion in a funding round that would value the ChatGPT maker as high as $300 billion, according to people familiar with the matter.SoftBank would lead the round and is in discussions to invest between $15 billion and $25 billion.
OpenAI is in early talks to raise up to $40B that would value the generative artificial intelligence startup at $340B, The Wall Street Journal reported. SoftBank (OTCPK:SFTBY), which may invest between $15B and $25B into OpenAI into the company,
A publicly traded fund promising individual investors exposure to high-flying, private startups like OpenAI and SpaceX has seen its shares plunge over 10% this week after a surprise advancement from Chinese AI company [DeepSeek sent the U.
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."
Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”
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The Stargate AI project is shaping up to be one of the biggest AI investments in history, but it faces strong scrutiny from critics like Elon Musk. Meanwhile, Microsoft and OpenAI remain confident in their ability to fund and develop the project successfully.
President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an early test of how the SpaceX CEO will balance his personal conflicts in
The tech world is abuzz as two of its most prominent figures, Elon Musk and Sam Altman, have taken to social media to air their grievances over the controversial Stargate project. Also read: What a Li
Robinhood CEO and co-founder Vladimir Tenev made a case for the tokenization of private stocks on Tuesday, encouraging policymakers to explore the untapped potential of blockchains in the U.S. capital markets.