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

The next funding round for OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), could be cut by as much as $10B if its conversion into a for-profit entity is ...

The provision ramps up the pressure on OpenAI to convert into a for-profit entity, a plan that will need the blessing of Microsoft and the California Attorney General, and has been challenged in ...

The deal values OpenAI at $300B, including the new capital. The round includes $30B from SoftBank (SFTBY) and $10B from a syndicate of investors, including Microsoft, Coatue, Altimeter ...

This exponential growth is fueling massive increases in data center usage and capital expenditures, primarily driven by the leading CSPs — Amazon, Microsoft, Google, Meta, and now OpenAI ... few ...

AMD benefits from Nvidia chip scarcity and a solid AI foothold, even amid China export risks and a falling share price. See ...