News

Meet The Tiny Startup Building Stargate, OpenAI’s $500 Billion Data Center Moonshot
Crusoe Energy got its start harnessing oilfield flare gas to mine bitcoin. So how did cofounders Chase Lochmiller and Cully ...
OpenAI Secures $40B in Historic Funding Round — But There’s a $10B Catch
OpenAI raises a record-breaking $40B at a $300B valuation, led by SoftBank, to fuel AGI research, expand infrastructure, and ...
All of the updates about OpenAI
Altman expects we may see “the first AI agents ‘join the workforce’ and materially change the output of companies” in 2025, ...
Microsoft AI boss confirms development of "off-frontier" AI models, but they'll be 3 or 6 months behind OpenAI: "Our strategy is to really play a very tight second"
Microsoft AI CEO Mustafa Suleyman says the company is building AI models that will be "three or six months behind" OpenAI, ...
Could $500 billion OpenAI-backed Stargate project be why Softbank shelled $6.5 bn for Ampere Computing
Arm’s Japanese owner, SoftBank, is set to acquire Ampere - Arm's only independent server chip vendor - for $6.5 billion ...
OpenAI has $20 billion to win or lose in its race to become a for-profit
The ChatGPT maker has announced $40 billion in new funding, but $20 billion of that will depend on its controversial ...
OpenAI raises $40B at $300B valuation in round led by SoftBank
Sam Altman’s OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off ...
Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.
The city of Abilene approved an 85% property tax abatement for data center developer Crusoe.
Microsoft pauses $1 billion data center project — have tech giants overestimated demand for AI?
Microsoft has paused plans for a $1 billion data center project in central Ohio. The tech giant shared with the Columbus ...
OpenAI plans to raise $40 billion to boost its AI efforts
OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group 9984.T at a $300 billion valuation to advance AI research, expand computational infrastructure and ...
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OpenAI closes $40 billion in funding; now worth more than McDonald's, Chevron
The Japanese investment firm said it chose to make the "follow-on investments" in OpenAI "in alignment with" the ...
OpenAI raises $40B at $300B post-money valuation
OpenAI recently announced that it closed one of the largest private funding rounds in history, led by SoftBank.