Summary: Oracle (Nasdaq: ORCL) and OpenAI are creating something massive in the desert outside Abilene, Texas. Eric Bleeker ...
Already, the question is not if AI will reshape global industries, but how fast its infrastructure scales up to meet that ...
Larry Ellison broke from Elon Musk at the exact moment OpenAI needed a miracle, and that choice pushed Oracle into the most expensive cloud gamble ever written on paper. The whole thing began when ...
OpenAI needs to find $207 billion in new funding by 2030 to pay for its ambitious AI data center expansion plans, HSBC analysts have said.
Nidhi Chappell has been named president of AI infrastructure at the company, which has multiple multi-billion dollar ...
OpenAI's sprawling Stargate data center initiative carries a huge price tag and enormous energy needs. The project, which spans five facilities, will require seven gigawatts of power and $400 billion ...
Challenges to OpenAI’s $500 billion valuation are mounting. New investors may be cutting that valuation before they invest, ...
The new agreement values Microsoft's 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft investors 'upside optionality' Shares of Microsoft rose 2% on Tuesday morning on ...
Microsoft and OpenAI announced they are redefining their partnership as part of a major recapitalization effort aimed at preparing for the arrival of artificial general intelligence (AGI). Under the ...
Microsoft (MSFT) and OpenAI (OPAI.PVT) announced on Tuesday that they have reached a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for-profit public ...
Microsoft and OpenAI on Tuesday said they had reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and clearing the way for ...
On Demis Hassabis, Mustafa Suleyman called the Google Deepmind CEO a great scientist and revealed that they are in regular ...