OpenAI
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The arrival of a previously little-known Chinese tech company has attracted global attention as it sent shockwaves through Wall Street with a new AI chatbot. On Monday, DeepSeek, a tiny company which reportedly employs no more than 200 people, caused American chipmaker Nvidia to have almost $600bn wiped off its market value – the biggest drop in…
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OpenAI said on Tuesday that it will team up with SoftBank and Oracle to build multiple artificial intelligence (AI) data centers in the United States. The joint venture, Stargate, will begin with a large data center project in Texas and eventually expand to other states. The companies expect to commit 100 billion U.S. dollars to…
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Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to President-elect Donald Trump’s inaugural fund, a company spokesperson told Reuters on Tuesday. The ride-hailing firm joins a list of several large businesses that have sought to build a positive relationship with the incoming Trump administration after he won the election in November. The…
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One day after closing a $6.6 billion investment round that solidified its place among the world’s most valuable private companies, OpenAI has now received a new $4 billion revolving credit line. As part of its competition with digital behemoths like Alphabet-owned Google (GOOGL.O), OpenAI claimed that the borrowing facility would increase its liquidity to $10 billion, enabling…
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OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit against it, arguing that the newspaper “hacked” its chatbot ChatGPT and other artificial-intelligence systems to generate misleading evidence for the case. OpenAI said in a filing in Manhattan federal court on Monday (Feb 26) that the Times caused the technology…
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