Sam Altman’s OpenAI has closed a new $40 billion fundraising deal that almost doubles the firm’s valuation and cements it as one of the most valuable private companies in the world.

The president was joined by OpenAI chief executive Sam Altman, SoftBank (SFTBY) chief executive Masayoshi Son, and Oracle (ORCL) chief technology officer Larry Ellison at the White House on ...

What Happened: Ampere, backed by Oracle Corp ORCL and Carlyle Group Inc. CG, designs high-performance server chips based on Arm Holdings PLC – ADR ARM architecture. Both Oracle and Carlyle will ...

CEO Masayoshi Son is reportedly planning a jaw-dropping ... In January, Son teamed up with OpenAI, Oracle (NYSE:ORCL), and Abu Dhabi's MGX to launch a $100 billion AI infrastructure pushstarting ...

"The future of Artificial Super Intelligence requires breakthrough computing power," Masayoshi Son, SoftBank's (JP ... and Oracle Corp. (ORCL), will sell their stakes in the company, SoftBank ...

SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate. OpenAI has finalised a $40 billion funding round from ...

SoftBank eyes $1 trillion investment in U.S. AI industrial parks using autonomous robots. Masayoshi Son plans U.S. visit as OpenAI, Oracle expand $100B AI venture. China’s new tariffs just ...

SoftBank’s CEO, Masayoshi Son, has long championed the idea that ... Meanwhile, Ampere’s major investors, Carlyle Group and Oracle (ORCL), will fully exit their stakes, while SoftBank will ...

OpenAI, the company behind ChatGPT, is close to finalizing a $40 billion funding round led by SoftBank (SFTBY), according to Bloomberg. This deal would push OpenAI’s valuation to $300 billion, up from ...

SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realized within 10 years.