Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong … Read more
Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares jumped. The ChatGPT maker will pay Amazon Web Services for access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal, the companies announced on Monday. … Read more
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter told Reuters on Thursday (October 2, 2025). This represents a bump-up from its current valuation of $300 billion, underscoring OpenAI’s rapid … Read more
Nvidia will invest $100 billion in OpenAI to support the development of new data centers and other infrastructure needed to power the next generation of AI models from the ChatGPT maker. The two companies have signed a letter of intent to deploy at least 10 gigawatts of Nvidia systems for training and running the next … Read more
Microsoft and OpenAI are reportedly planning a massive data-centre project that could cost up to $100 billion, including the development of an artificial intelligence supercomputer called “Stargate,” according to a report by The Information. The project is said to be financed by Microsoft. The proposed efforts, as per the source who has seen the initial … Read more
The New York Times (NYT) is suing OpenAI and Microsoft, alleging that the company’s AI text generators ChatGPT and Copilot infringe on the newspaper’s copyrights. NYT claims that both ChatGPT and Copilot were trained on a massive dataset that included copyrighted New York Times articles. This, the Times argues, constitutes a clear violation of its … Read more
In an interesting development, Sam Altman and OpenAI‘s board have opened discussions to bring back the former CEO of the artificial intelligence startup, Bloomberg News reported. The future of OpenAI was thrown into jeopardy after more than 700 of its 770 employees signed a letter on Monday saying they may leave the company for Microsoft … Read more
Mira Murati is the new interim CEO and CTO of OpenAI, a research organization that aims to create and ensure the safe and beneficial use of artificial intelligence. She is also one of the leading developers of ChatGPT, a conversational chatbot that can generate realistic and engaging texts on various topics. Murati was born in … Read more