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SoftBank also invested in OpenAI during a $6.6bn fundraising round in October, which valued the start-up at $157bn, and the Financial Times reported the Japanese group planned to purchase an additional $1.5bn of stock in the company in November.
The San Francisco start-up claims that its Chinese rival may have used data generated by OpenAI technologies to build new systems.
OpenAI's Stargate project lacks a fully developed plan and hasn't secured funding yet, according to a report from the Financial Times.
OpenAI is focusing on AI infrastructure with Stargate as rivals like China's DeepSeek close the gap on its AI models.
Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets including the Indian Express and the Hindustan Times, are joining proceedings against OpenAI for improperly using copyright content,
OpenAI’s board is locked in complex negotiations ... Clauses relating to AGI are being written out of the new structure, the Financial Times has previously reported. The company’s complex ...
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.
Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artif