2025-10-02
OpenAI is now the world's most valuable private company at $500 billion
OpenAI has overtaken SpaceX as the largest startup and most valuable private company in the world. Bloomberg has reported that the company has authorized a secondary share sale, which allowed its former and current employees to sell their stocks. OpenAI had authorized the sale of $10.3 billion in shares, but they ultimately sold $6.6 billion to investors that include Softbank, Abu Dhabi government's MGX fund, American investment firm Thrive Capital and global investment management firm T. Ro [...]
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2025-10-03
OpenAI's DevDay 2025 preview: Will Sam Altman launch the ChatGPT browser?
OpenAI will host more than 1,500 developers at its largest annual conference on Monday, as the company behind ChatGPT seeks to maintain its edge in an increasingly competitive artificial intelligence [...]
2025-05-06
OpenAI’s new for-profit plan leaves many unanswered questions
OpenAI has abandoned its controversial restructuring plan. In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board th [...]
2025-10-07
OpenAI Dev Day 2025: ChatGPT becomes the new app store — and hardware is coming
In a packed hall at Fort Mason Center in San Francisco, against a backdrop of the Golden Gate Bridge, OpenAI CEO Sam Altman laid out a bold vision to remake the digital world. The company that brought [...]
2025-02-24
Apple plans to invest $500 billion in the US over the next four years
Apple plans to ramp up its US hiring and investments. On Monday, the company said it will hire around 20,000 workers and spend over $500 billion in the US over the next four years.<br /> In 2021 [...]
2025-06-17
OpenAI awarded $200 million US defense contract for the use of its AI models
OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "pro [...]
2025-01-22
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company c [...]