At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,
OpenAI CEO Sam Altman envisions a future where artificial intelligence (AI) surpasses human intelligence and becomes a fundamental part of daily life. Speaking on the "Re:Thinking" podcast, he discussed AI's impact on jobs and the economy,
The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals developing artificial intelligence.
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."
Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle,
WHEN SAM ALTMAN, boss of OpenAI, posted a gnomic tweet this month saying “There is no wall,” his followers on X, a social-media site, had a blast. “Trump will build it,” said one. “No paywall for ChatGPT?” quipped another. It has since morphed from an in-joke among nerds into a serious business matter.
SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility.
Nvidia gained ground today following the announcement of Stargate -- a new joint company formed by OpenAI, Oracle, and Softbank. The three partners have announced they will soon be investing $100 billion in U.S. AI infrastructure -- and the development bodes well for Nvidia.