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 called the Stargate Project to build AI data centers for the ChatGPT maker, and according to their announcement, it will "secure American leadership in AI" as well as "create hundreds of thousands of American jobs." SoftBank will finance the project, while OpenAI will be in charge of its operations. Masayoshi Son, the CEO of SoftBank, will serve as its cha [...]
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2025-07-02
SoftBank's acquisition of AI chip designer Ampere may be facing an FTC probe
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg. The Federal Trade Commission (FTC) has op [...]
2025-01-28
OpenAI debuts a version of ChatGPT for US government agencies
OpenAI has begun offering a version of ChatGPT designed for US government agencies. ChatGPT Gov includes many of the same features found in the Enterprise offering of the chatbot, including access to [...]
2025-07-22
OpenAI partners with Oracle to built out 4.5 gigawatts in data center capacity
OpenAI has struck a deal with Oracle to add an astounding 4.5 gigawatts of US data center capacity to power the massive workload required by its large language models. The companies haven't speci [...]
2025-03-20
SoftBank is buying ex-Intel president Renee James' chip design company for $6.5 billion
In case you need further evidence that companies involved in AI chip manufacturing are looking to give themselves whatever edge they can, SoftBank is adding to its institutional expertise by buying fo [...]
2025-09-22
NVIDIA is investing up to $100 billion in OpenAI to build 10 gigawatts of AI data centers
NVIDIA will invest up to $100 billion in OpenAI as the ChatGPT maker sets out to build at least 10 gigawatts of AI data centers using NVIDIA chips and systems. The strategic partnership announced toda [...]
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 form [...]
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 [...]