The 'AI economy is currently a closed loop' - and that's probably why OpenAI, not Microsoft, invested a whopping $12bn in CoreWeave
Microsoft pulled out of a $12bn deal with CoreWeave, citing delays OpenAI took over the contract, backed by Microsoft’s own ...
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OpenAI finalizes a record $40 billion funding round
In a filing Monday, SoftBank said its first investment in OpenAI will be financed through Mizuho Bank Ltd. among other financial institutions. SoftBank Chairman Masayoshi Son called AI “a ...
Court Advances The New York Times Lawsuit Against OpenAI
The judge allowed the publication's core copyright infringement theories to go forward while dismissing some other claims.
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OpenAI News | Today's Latest Stories | Reuters
Financial Times reported on Tuesday. OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and ...
Microsoft is getting more cautious about investments as it allows OpenAI to buy $12bn worth of CoreWeave data capacity
IPO in the coming weeks, but it has also had a few unflattering news stories to contend with recently. Jeffrey Emanuel, whose ...
Emboldened by Trump, A.I. Companies Lobby for Fewer Rules
After the president made A.I. dominance a top priority, tech companies changed course from a meeker approach under the Biden ...
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Judge allows 'New York Times' copyright case against OpenAI to go forward
Lawyers for The New York Times believe that the paper’s articles are one ... And while the suit only names OpenAI and its financial backer, Microsoft, other AI companies also scrape the web for ...
Stargate is test of SoftBank financial engineering
Stargate, the $500 billion data-centre project led by OpenAI and SoftBank Group , is named after science fiction. That’s apt ...