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OpenAI Lays Groundwork for Juggernaut IPO at Up to $1 Trillion Valuation
ChatGPT maker OpenAI is laying the groundwork for what could be one of the biggest IPOs of all time. The company is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said.
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Would AGI Make Money Obsolete? OpenAI Issues Chilling Warning
The revelation comes in the backdrop of OpenAI CEO Sam Altman's recent statement, where he claimed that the world was in an AI bubble.
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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
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SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
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SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
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Sam Altman Was in Talks to Raise Billions for AI Chip Venture Before OpenAI Ouster
In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture, according to people familiar with the matter.
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Softbank CEO Says He is ‘Heavy User’ of ChatGPT, Speaks to OpenAI’s Sam Altman Often
SoftBank CEO Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the artificial intelligence-powered chatbot from Microsoft-backed startup OpenAI. He added that he is speaking "almost everyday" to OpenAI CEO Sam Altman.
![Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]](https://c.ndtvimg.com/2025-02/45d12tsg_news-of-the-week_160x120_02_February_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]")
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OpenAI Lays Groundwork for Juggernaut IPO at Up to $1 Trillion Valuation
ChatGPT maker OpenAI is laying the groundwork for what could be one of the biggest IPOs of all time. The company is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said.
-
Would AGI Make Money Obsolete? OpenAI Issues Chilling Warning
The revelation comes in the backdrop of OpenAI CEO Sam Altman's recent statement, where he claimed that the world was in an AI bubble.
-
OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
-
SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
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SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
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Sam Altman Was in Talks to Raise Billions for AI Chip Venture Before OpenAI Ouster
In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture, according to people familiar with the matter.
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Softbank CEO Says He is ‘Heavy User’ of ChatGPT, Speaks to OpenAI’s Sam Altman Often
SoftBank CEO Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the artificial intelligence-powered chatbot from Microsoft-backed startup OpenAI. He added that he is speaking "almost everyday" to OpenAI CEO Sam Altman.
