Meta re-affirmed its plan Wednesday to spend between $60 billion and $65 billion in capital expenditures this year.
Japanese multinational conglomerate, SoftBank, is said to be in advanced talks to invest as much as $25 billion in OpenAI .
"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 ...
The biggest investment so far in the ChatGPT maker would help cover its commitment to the Stargate AI infrastructure venture.
Japanese conglomerate already has a significant exposure to the AI sector through its ownership of British chip designer Arm Holdings and had previously hinted at developing its own generative AI tech ...
SoftBank is in discussions to invest up to $25 billion in OpenAI, as per an FT report. This massive investment would possibly make it the largest financial backer of the ChatGPT maker. This investment ...
Microsoft Corp. investors focused on the company's disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...
Japan's SoftBank is in talks to invest as much as $25 billion into ChatGPT maker OpenAI, the Financial Times reported on ...
OpenAI's Stargate Project promises to build AI data centers and clean energy facilities across the U.S., creating 100,000 ...
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, sending shares lower after the bell Wednesday.