Elon Musk, chief executive officer of Tesla Inc., ahead of the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, the…
Jaque Silva | Nurphoto | Getty Images SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI’s tech, according to a joint announcement on Monday. The two also announced a new joint venture, billed as “SB OpenAI Japan,” which will market OpenAI’s enterprise tech exclusively to major companies…
Jaque Silva | Nurphoto | Getty Images SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI’s tech, according to a joint announcement on Monday. The two also announced a new joint venture, billed as “SB OpenAI Japan,” which will market OpenAI’s enterprise tech exclusively to major companies…
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters OpenAI is in talks to raise up to $40 billion in a funding round that would lift…
João da Silva & Graham Fraser Business & technology reporters Getty Images The maker of ChatGPT, OpenAI, has complained that rivals, including those in China, are using its work to make rapid advances in developing their own artificial intelligence (AI) tools. The status of OpenAI – and other US firms – as the world leaders…
OpenAI on Tuesday announced its biggest product launch since its enterprise rollout. It’s called ChatGPT Gov and was built specifically for U.S. government use. The Microsoft-backed company bills the new platform as a step beyond ChatGPT Enterprise as far as security. It allows government agencies, as customers, to feed “non-public, sensitive information” into OpenAI’s models…
Bayo Ogunlesi, Chairman, Global Infrastructure Partners listens as US President Donald Trump speaks during a strategic and policy discussion with CEOs in the State Department Library in the Eisenhower Executive Office Building on April 11, 2017 in Washington, DC. Pool | Getty Images OpenAI said Tuesday that Adebayo Ogunlesi, a senior managing director at BlackRock,…
Britain’s Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024. Leon Neal | Via Reuters LONDON — The U.K is looking to build a homegrown challenger to OpenAI and drastically increase national computing infrastructure, as Prime…
OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing some of its nonprofit restrictions and allowing it to function more like a high-growth startup. “The hundreds of billions of dollars that major companies are now investing into AI…
