…Musk has maintained that the move, along with Microsoft's $13 billion investment in the firm, was a breach of OpenAI's original contractual agreements. A major question of the trial, though…
…The company closed a $122 billion funding round in March at an $852 billion valuation, with $30 billion from Nvidia, $50 billion from Amazon , and $30 billion from SoftBank. OpenAI has been…
…Much of that total comes from a single bet, a $30 billion investment in OpenAI . But CNBC reports that the chipmaker has also announced seven multibillion-dollar investments in publicly traded companies…
…The cuts echo a TD Cowen forecast earlier this year, when the investment bank questioned how Oracle would finance its expanding AI datacenter buildout and suggested headcount reductions could reach 20,000…
…like the $5.8 billion joint venture with Volkswagen Group and a robotaxi partnership valued at up to $1.25 billion with Uber. "Now, the big question is, how much can he…
…It said equity and debt investors are increasingly questioning how Oracle will finance its datacenter building program. The bank estimates that the OpenAI deal alone will require $156 billion in capital spending…
…Founded by Chinese hedge fund billionaire Liang Wenfeng, who controls nearly 90% of the company, the lab has not previously sought out investors, the FT reports. However, faced with competitors poaching DeepSeek…
Sutskever drew the spotlight, revealing an ownership stake in OpenAI’s $850-billion for-profit arm that is currently worth about $7 billion. That makes him one of the largest known individual…
…Who should control superintelligent AI systems ? Can nonprofit ideals survive once billions of dollars are involved? And perhaps the even bigger question is, is it even possible to build frontier AI safely…
…representative Marjorie Taylor-Greene, were already vocally questioning the data center build-out. Last month, Hawley and Democratic senator Richard Blumenthal introduced a bill to insulate customers from electricity rate hikes due…