OpenAI is in early talks to raise up to $40B that would value the generative artificial intelligence startup at $340B, The Wall Street Journal reported. SoftBank (OTCPK:SFTBY), which may invest between $15B and $25B into OpenAI into the company,
A publicly traded fund promising individual investors exposure to high-flying, private startups like OpenAI and SpaceX has seen its shares plunge over 10% this week after a surprise advancement from Chinese AI company [DeepSeek sent the U.
Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."
The Stargate AI project is shaping up to be one of the biggest AI investments in history, but it faces strong scrutiny from critics like Elon Musk. Meanwhile, Microsoft and OpenAI remain confident in their ability to fund and develop the project successfully.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an early test of how the SpaceX CEO will balance his personal conflicts in
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
President Trump’s allies and aides are learning to deal with Tesla CEO Elon Musk, who has had a consistent presence in the early days of the Trump administration. Musk had a front-row seat at
Elon Musk, the eccentric but undeniably influential CEO of Tesla and SpaceX, has recently found himself at odds with some influential figures in the financial
This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get latest news from India and how it matters to the world.