SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with ...
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become ...
We recently compiled a list of the Top 10 AI News and Ratings You Probably Missed. In this article, we are going to take a ...
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources ...
SoftBank (SFTBY) is in discussions to invest $15B-$25B in Open AI, Deepa Seetharaman of The Wall Street Journal reports. Some of the equity ...
"It seems clear to us that the true target/victim of the DeepSeek concerns is OpenAI, which claims the throne of all AI software and algorithms, which DeepSeeks claims to have outdone," wrote Robert ...