The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
OpenAI spent $1.76 million on government lobbying in 2024 and $510,000 in the last three months of the year alone, according to a new disclosure filed on January 22—a significant jump from 2023, when the company spent just $260,000 on Capitol Hill.
OpenAI CEO Sam Altman is reportedly scheduled to meet with officials from the Trump administration on Jan. 30. OpenAI is preparing to release a new
While OpenAI’s lobbying spending is still dwarfed by bigger tech players, the uptick comes as it and other AI companies are helping redraw the shape of AI policy. Read the full story. Forget massive steel tanks—some scientists want to make chemicals with the help of rocks deep beneath Earth’s surface.
The ChatGPT maker argues the incoming Trump administration should make massive government investments in AI, arguing it can bring broad economic prosperity.
A public rift emerged between tech moguls Elon Musk and Sam Altman over US President Donald Trump's ambitious $500 billion Stargate AI project, a joint venture involving OpenAI, SoftBank, and Oracle.
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.
OpenAI Chief Executive Officer Sam Altman is reportedly set to meet with U.S. government officials in Washington D.C. on Jan. 30 for a closed-door briefing on new technology, possibly “Ph.D.-level super-agents” that do complex human tasks.
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.