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OpenAI, SoftBank
OpenAI and SoftBank announce $500bn AI project
The Stargate project, announced at the White House, involves an initial investment of $100bn, with plans to increase this to $500bn over the next four years.
SoftBank and OpenAI back sweeping AI infrastructure project in US
The rapid development of AI systems over the past two years has stretched American infrastructure, with data centres emerging as a particular bottleneck. Cutting-edge chatbots such as OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude require enormous amounts of data and computing power to train and run.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
Google, OpenAI and Anthropic
Google to invest fresh $1 billion in OpenAI rival Anthropic, FT reports
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round,
Google invests further $1bn in OpenAI rival Anthropic
The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.
Google reportedly invests $1B+ in OpenAI rival Anthropic
The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.
4d
on MSN
OpenAI, valued at $157 billion, isn't profitable yet. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk ...
7d
on MSN
OpenAI is bankrolling Axios’ expansion into four new markets
This deal is part of a broader partnership between the two organizations and is the first time OpenAI will directly fund a ...
1d
on MSN
Microsoft is letting OpenAI get its own AI compute now
The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of ...
13d
on MSN
Musk, attorneys, ask judges to auction off OpenAI stake: report
Elon Musk and his attorneys have asked judges in the states of California and Delaware to cause an auction that would force ...
1h
OpenAI tells India court ChatGPT data removal will breach US legal obligations
OpenAI has told an Indian court that removing ANI’s data from ChatGPT would breach U.S. laws and that the AI chatbot isn’t ...
KPBS
8d
'The New York Times' takes OpenAI to court. ChatGPT's future could be on the line
In three consolidated suits, publishers allege that OpenAI broke copyright law by copying millions of articles without ...
17h
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership ...
10h
Trump Unveils SoftBank, OpenAI and Oracle in AI Pact
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a joint venture to fund artificial intelligence infrastructure, ...
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