Shares of technology companies rose after a mixed batch of earnings. Shares of Microsoft slid after the software giant's cloud-computing unit's growth fell short of Wall Street analysts' projections.
OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
The reports came after Chinese start-up DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction ...
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Musk said Tesla robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, Texas, ...
Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two ...
The Japanese investment holding company could potentially increase its investment in OpenAI, following the two companies already partnering up for The Stargate Project, which includes other investors ...
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
The report comes after Chinese's DeepSeek sparked panic with a new chatbot developed at a fraction of the cost of its US competitors.