SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
The Elon Musk-Sam Altman feud entered a new hot phase this week on X following President Trump's announcement of Stargate, a new $500 billion AI infrastructure joint venture funded in part by OpenAI,
OpenAI chief executive Sam Altman has welcomed the debut of DeepSeek’s R1 model and has promised to deliver better AI models. The Chinese artificial intelligence start-up that rocketed to global prominence has delivered an “impressive model, particularly around what they’re able to deliver for the price,” Altman wrote.
Sam Altman, the CEO of OpenAI, has announced a shift in his previously critical perspective on President Donald Trump. Newsweek has contacted OpenAI and the White House for comment via email.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.
SoftBank in India, like in many other parts of the world, is known for its investment in budding startups in various technologically driven avenues. On Wednesday, January 22, the company shares soared in the equity markets in Tokyo. The shares of the Japanese investment group rose after getting a much-needed boost from an unlikely source.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises,
Three major business leaders—SoftBank Group CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Corp. Chairman Larry Ellison—joined President Donald Trump on Tuesday afternoon at the White ...