Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

OpenAI is in talks to raise another giant round, of about $40 billion, led by SoftBank, which would value the ChatGPT maker at $300 billion including the investment—nearly double its valuation late last year in a Thrive Capital-led

OpenAI CEO Sam Altman downplayed the significance of a new artificial intelligence (AI) model released by Chinese startup DeepSeek on Thursday, saying it did a “couple of nice things” but has been

Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.

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OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company's valuation to as high as $340 billion, CNBC has confirmed.

As a result a big change is afoot in the economics of a digital economy built on providing cheap services to large numbers of people at low marginal cost, thanks to free distribution on the internet.

DeepSeek R1 disrupts AI industry with cost-effective model, challenging billion-dollar valuations of tech giants.

Meta Platforms plans to invest $60-$65 billion in 2025 to enhance its AI infrastructure, aiming to compete with OpenAI and Google. CEO Mark Zuckerberg envisions their AI, Llama 4, becoming the industry benchmark and expects it to serve over 1 billion users by 2025.

In summary The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit. As part of what it described as an ongoing investigation, the California attorney general’s office has sought answers from OpenAI about its reported plan to convert to a for-profit corporation and how it intends to

OpenAI responded to the lawsuit ... initiatives and challenges of the biggest of tech firms - from Apple, Facebook, and Google, to Foxconn, Samsung, and Nvidia. Disruptedcategory Tech shares ...