OpenAI raises a record-breaking $40B at a $300B valuation, led by SoftBank, to fuel AGI research, expand infrastructure, and ...

With custom chips and billions in investment, this high-stakes infrastructure battle could shape the future of AI.

ChatGPT maker OpenAI this week announced it raised a whopping $40 billion as it races to dominate a competitive AI landscape ...

When Satya Nadella entered Microsoft’s C-suite in 2014, the company wasn’t one of the tech darlings dazzling Wall Street.

OpenAI has raised up to $40 billion in new funding from investors led by SoftBank Group, valuing the ChatGPT maker at $300 ...

The valuation puts OpenAI ahead of oil giant Chevron (CVX), which has a market cap of $293 billion. Last year, OpenAI estimated it will lose about $5 billion on revenue of $3.7 billion, according to ...

Newsmax shares soared in their first day of trading. The company has raised $300 million from investors in the past month. Noah Ramos, who was fired as a head of operations, said the bank ...

OpenAI hits $300 billion as ChatGPT growth soars. Waymo expands robotaxi service with Uber partnership as Google's AI efforts ...

CoreWeave, an artificial intelligence startup backed by Nvidia NVDA.O, has signed a five-year contract worth $11.9 billion with OpenAI to provide cloud computing services ahead of its hotly ...

Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an ...

ChatGPT maker OpenAI, which is fighting copyright lawsuits over its flagship chatbot, has largely encouraged the ...